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Dollar slips, geopolitical escalation risks seen limited before midterms

Traders raised bets the Federal Reserve will hold rates this month as oil prices fell and the dollar index dropped 0.25%, Reuters data showed.

Oct 13 : The dollar slipped from 18-month highs on Tuesday in line with a retreat in oil prices as investors shifted focus to the Federal Reserve's rate path, betting Middle East tensions would remain contained ahead of US midterm elections.The prevailing market view is that US President Donald Trump will see

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, October 13, 2026.
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