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2026-09-25T10:01:00.000Z

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US dollar nears third-week rise

US dollar nears third-week rise

Reports indicate that the US dollar is approaching its first consecutive weekly gains in over three months, supported by rising US Treasury yields and expectations of further interest rate hikes from the Federal Reserve. This has led to the euro dropping to its lowest level in two months, while the British pound declined to a level near its three-month low, as markets continue to reassess the trajectory of interest rates. Despite the dollar index rising by more than 1% this week, concerns remain over the US financial situation and political tensions that could hinder the dollar's continued ascent.

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