Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data

"Odds on a half-point move have risen, but remain extremely low. The economy has slowed, but isn't showing signs of crashing, and may even accelerate in the months ahead," said Karl Schamotta, chief market strategist, at Corpay in Toronto. "Inflation pressures seem subdued, but risks are tilted to the upside. For most market participants, a quarter-point move remains the most plausible base case."

Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data