Dollar Falls on AI Concerns, Cautious Fed Comments

Keywords

US dollarFedexchange ratesartificial intelligence

Open a keyword to see other news on the same topic.

Related tickers and likely impact

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

• US Dollar Snaps Rally Streak Under Dual Pressure From AI Stocks and the Fed

  The US Dollar Index (DXY) fell 0.17% to 101.87 at the close on October 16, its first weekly decline in more than a month, despite US CPI and PPI readings above forecasts. Markets now put an 83% chance on the Fed holding rates at its end-of-month meeting, up from 49% a month earlier, while Chair Kevin Warsh gave no policy guidance at the IMF and World Bank meetings in Bangkok. A selloff in AI stocks over concerns about data-center operators' profitability saw money flow into bonds rather than the dollar. Elsewhere, sterling rose 0.63% on the week to $1.3314, the euro gained 0.23% to $1.1227, and the yen snapped a four-week losing streak to trade near 158.11 per dollar.

  Vietstock·17/10, 07:43▼ DXY▲ EUR/USD▲ XAU/USD▲ AUD/USDDXYUS dollarexchange rates
• Dollar Weakens on Reduced Fed Rate Hike Chances This Month

  The dollar index (DXY00) fell to a 2-week low and finished down 0.19% on Friday. The dollar came under pressure after Fed Chair Powell gave no guidance on monetary policy or the economy in a speech at the annual IMF meeting in Bangkok.

  Yahoo Finance·16/10, 19:34▼ DXY▲ EUR/USD▲ GBP/USD▼ USD/JPYUS dollarFedinterest rates
• Dollar Pressured as Fed Chair Powell Refrains from Forward Guidance

  The dollar index (DXY) fell to a two-week low, down 0.34%, after Fed Chair Powell gave no guidance on monetary policy or the economy in a speech at the annual IMF meeting in Bangkok. The lack of forward guidance put pressure on the dollar.

  Yahoo Finance·16/10, 14:32▼ DXY▲ XAU/USD▲ AUD/USD▲ EUR/USDUS dollarFedDXY
• Greenback heads for weekly fall as investors gauge AI sell - off impact

  The US dollar was on track for its first weekly decline in over a month against the euro and yen, with the dollar index down 0.35% to 101.70 and set for a 0.55% weekly fall. Investors are weighing the impact of an AI stock sell-off that has spread to the credit market, as worries grow that data-centre operators may not become profitable in time to repay their debts. The Swiss franc is expected to be the biggest beneficiary given its safe-haven status and was set for a 0.85% weekly gain against the dollar. ING's Chris Turner said the dollar is likely to consolidate near recent highs unless AI stocks fall sharply again, while markets priced an 87% chance that the Fed keeps rates unchanged in October. The euro rose 0.33% to US$1.1258, and the yen was on track for a 0.24% weekly gain after four consecutive weeks of declines.

  businesstimes.com.sg·16/10, 12:30▼ DXY▲ EUR/USD▲ GBP/USD▼ NVDAUS dollarexchange rateseuro
• Vietcombank Dollar Quote Rises as Vietnam Cuts Reference Rate

  On Monday, Vietcombank raised its dollar selling rate to VND26,100, up 0.08% from the weekend level, while the State Bank of Vietnam cut its reference rate by 0.02% to VND25,633, according to VnExpress. The dollar was trading near VND26,000 at unofficial exchange points. In international markets, the dollar index stood at 101.83, and the euro fell 0.1% to $1.1225 in early Asian trade, which Reuters linked to violent protests in France. The dollar traded at about 158 yen, the pound held at $1.3329, and the Australian dollar gained 0.3% to $0.6965.

  econotimes.com·19/10, 07:30▲ VNINDEX• VCBexchange ratesUS dollarState Bank of Vietnam
• EUR / USD Rebound Faces a Reality Check at Resistanceactionforex.com·19/10, 07:15• EUR/USDEURUSDeuroUS dollar

Related markets

Currencies →Crypto →Gold →

Latest news

• Housing is flashing warning signs just as the Fed weighs more interest rate hikes

  The U.S. housing market weakened further in September even as price pressures persisted, complicating the Federal Reserve's decisions on whether to raise interest rates. The 30-year mortgage rate was above 7% for most of September and ended the month around 7.6%, and could rise further if the Fed hikes short-term rates as expected. The National Association of Realtors' pending sales index fell 7.3% for the month and was 11.3% lower than a year earlier, an all-time low in records dating to 2001. Privately owned housing starts dropped 5.2% on a seasonally adjusted annualized basis, far worse than the expected 0.4% decline, while Goldman Sachs expects affordability pressures to dominate the housing market in 2027.

  CNBC·20/10, 18:03▲ DXY▼ XAU/USDFedinterest rateshousing
• Better Nuclear Energy Stock to Buy After the Sell-Off: Oklo vs. X-Energy

  This article compares next-generation nuclear developers Oklo (OKLO) and X-Energy (XE) after their recent sell-offs. Oklo develops Aurora microreactors rated at 15 MWe to 75 MWe and expects to start deploying its first commercial reactors in 2027, with revenue projected to rise from less than $3 million in 2026 to $51 million in 2028. X-Energy sells Xe-100 small modular reactors, plans its first deployments in the early 2030s, and is projected to grow revenue from $212 million to $1.2 billion over 2026–2028. The author notes Oklo's $5.1 billion market cap equals 100 times its 2028 sales, versus 2.5 times for X-Energy's $3.0 billion market cap, and suggests X-Energy appears undervalued relative to its growth potential.

  Yahoo Finance·20/10, 17:50nuclear powervaluationOklo
• Trump's FTC Subpoenas OpenAI and Anthropic. Inside the $500 Billion Threat Faced by Microsoft, Amazon, and Google

  The U.S. Federal Trade Commission sent civil subpoenas to OpenAI and Anthropic on Oct. 15 as part of a consumer-protection probe, according to Axios. The demands seek documents on security incidents, safeguarding practices, marketing materials and privacy policies, and the FTC reportedly plans to have top AI executives testify. The combined stakes held by Microsoft, Amazon and Alphabet in the two labs total about $554 billion at recent valuations. The article argues the bigger financial risk lies in how the investigation could affect the price the labs fetch when they go public.

  Yahoo Finance·20/10, 17:47▼ MSFT▼ AMZN▼ GOOGLartificial intelligenceOpenAIAnthropic
• Bitcoin's Next Move: Here's What to Watch

  Bitcoin trades just below $83,000, above its 50-day EMA ($80,702.8) and 200-day EMA ($76,123.1), after total crypto market capitalization rose nearly 2% to $2.8 trillion on Tuesday. The RSI at 53.34 indicates neutral momentum with a slightly positive tilt. The nearest resistance is $87,371, which Bitcoin would need to close above on the daily chart to confirm a new upward move, while support sits at $80,433 and $76,140. The backdrop remains tense, with Brent crude near $110 a barrel amid attacks on tankers in the Strait of Hormuz and the Federal Reserve set to meet on Oct. 27–28.

  Decrypt·20/10, 17:45• BTC/USDTbitcoincryptooil prices
• Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

  Strive, a Bitcoin treasury company led by chairman and CEO Matt Cole, closed its upsized IPO of SATS preferred stock on Oct. 20, raising $630 million gross by selling 7 million shares at $90 each. The company has not specified how much of the estimated $608.15 million in net proceeds will go to Bitcoin, though its SEC filing lists Bitcoin purchases among several possible uses. At an illustrative price of $82,500, full allocation would buy about 7,372 BTC, lifting holdings from 36,818 BTC to roughly 44,190 BTC, which would exceed Metaplanet's reported 44,000 BTC. SATS carry a 15% annual cumulative dividend on a $100 stated amount, payable when declared, with the first payments scheduled from Nov. 9.

  Cointelegraph·20/10, 17:40▲ BTC/USDTbitcoinIPOSATS
• When Interest Rates Move, These 7 Income Stocks React Very Differently

  The 10-year Treasury yield is now over 5%, near its highest level in a quarter century, up from about 4% before the war with Iran began. Mortgage REITs AGNC (yield near 17%) and Annaly (over 16%) are among the most rate-sensitive because they borrow short-term to fund long-term investments, and both shares have fallen sharply. Coca-Cola (about 2.3%) is far less sensitive, with mostly long-term fixed-rate debt and pricing power, and its shares have risen more than 30% this year. Energy Transfer (about 6.7%) and Enterprise Products Partners (about 6.1%) have mixed sensitivity, partly offset by higher oil and gas prices. Realty Income (5.9%) and VICI Properties (about 7.9%) are less rate-sensitive than mortgage REITs, and Realty Income mitigates its impact through private capital partnerships.

  Yahoo Finance·20/10, 17:39interest ratesdividendsbonds