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2026-10-02T06:26:52.710Z

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Dollar Gains Amid Bond Turmoil

Dollar Gains Amid Bond Turmoil

The US dollar rises to reach a two-month high, backed by inflation fears and expectations of interest rate hikes in the United States. Meanwhile, the euro continues to decline, reaching its lowest level in three months due to concerns over energy shortages and debt issues. At the same time, the dollar posted its largest monthly gain in 14 months, while Brent crude oil prices exceeded $102 amid fears of fuel shortages, with the dollar benefiting from disruptions in the bond market.

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