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US dollar update October 9 2026
Today's movement of the US dollar on Friday, October 9, 2026, saw a relatively stable trend with a slowdown in its gains due to a decline in US Treasury yields, which recorded the largest weekly drop in three months. This reduced the momentum supporting the dollar in global foreign exchange markets. Meanwhile, the euro faces its fifth consecutive weekly loss, despite a decrease in selling pressure, stability in the French debt market, and lower US bond yields. The euro fell to its lowest level in 17 months at 1.1161 USD early in the week amid financial and political concerns in France; however, it recovered to reach 1.1211 USD. On another front, the Japanese yen continued its decline for the fourth week in a row, reaching 158 yen per dollar. The Australian dollar remained steady at 0.6960 USD, and the British pound at 1.3233 USD, as investors await developments in bond markets and global interest rates.
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