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Dollar falls as currency traders shift Fed rate-hike view to December

Commodity-linked currencies get slight reprieve as oil settles higher

The dollar weakened Thursday, continuing a decline that began after minutes from a July meeting of Federal Reserve policy makers suggested that several of them may not be ready to raise interest rates in September.

The ICE U.S. dollar index DXY, -0.71% a measure of the dollar’s strength against a basket of six currencies, was down 0.4% to 95.9630. It has shed 0.4% of its value so far this week, a significant move for the dollar-strength gauge.