The U.S. dollar’s rally paused as it dipped early Wednesday, with the Dollar Index falling 0.1% to 98.53. Despite a 1.7% increase in July, the dollar remains 9.2% down in 2025 after its worst first half since 1973.

Wednesday’s producer price index data could influence the dollar’s movement, especially if it affects the Federal Reserve’s decision on interest rates.

Read more at Barron’s: Dollar Rally Pauses. Inflation Data Could Restart It.