empty
 
 

02.10.202602:13:42UTC+00Dollar Heads for 3rd Straight Weekly Rise

The dollar index climbed above 102 on Friday and was poised for a third straight weekly advance, underpinned by solid US economic performance, elevated Treasury yields, and escalating geopolitical tensions in the Middle East. Treasury yields rose this week to their highest levels since 2002, further widening the dollar’s interest-rate advantage over other major currencies.

Investors also weighed evidence of a resilient US labor market ahead of the September employment report. Minneapolis Fed President Neel Kashkari noted that it is still uncertain how high interest rates will need to go to bring inflation under control, stressing that the Federal Reserve must take whatever steps are necessary to return inflation to its target.

At the same time, oil prices moved higher as the US considered sending an additional aircraft carrier and 10,000 troops to the Middle East, heightening concerns about potential disruptions to regional energy supplies and the risk of renewed inflationary pressures.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback