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fxAug 14, 2026, 5:25 AM

Dollar Steady as US Inflation Matches Expectations

US headline and core inflation came in line with consensus on 12 August, leaving the dollar mostly flat amid thin mid-August trading.

GBPUSD

The dollar showed little reaction after US inflation figures for 12 August matched consensus expectations. Both headline and core readings aligned with forecasts, providing no fresh impetus for directional trading.

Volatility remained subdued, consistent with the seasonal slowdown often seen around the middle of August. With no surprise in the data, market participants had little reason to reprice the near-term outlook for the US currency.

The note highlights the latest news affecting the dollar and turns to key charts, including cable, where traders are watching sterling’s exchange rate against the US dollar.

Source: FXStreet Forex News