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US Dollar Trades Mostly Firmer Within Narrow Ranges

The US dollar held mostly firmer against major counterparts during early trading, though price action remained confined to narrow ranges.

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Sophie Laurent · FX & Rates Desk · 18 Aug 2026 · 1 min read
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US Dollar Trades Mostly Firmer Within Narrow Ranges

The US dollar traded mostly firmer on the session, though price action remained constrained within narrow ranges as market participants awaited further economic catalysts and directional signals.

Foreign exchange markets showed limited volatility, with major currency pairs holding steady near recent levels as traders maintained a cautious posture.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

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