International Forex News - August 17

August 18, 2026
FDD-global.com
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On August 17, President Trump expressed dissatisfaction with the high costs of US-South Korea military drills, as the U.S. bears most expenses. He instructed a significant downsizing of these exercises, given their unavoidable implementation this year. Trump also touched on South Korea's refusal to join U.S. efforts against Iran's nuclear program. Meanwhile, FedWatch reports a 66.9% probability of holding interest rates steady in September, with varied projections for October. The developments highlight critical geopolitical and economic dynamics shaping U.S. policies.
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