{
  "id": 10583179,
  "title": "Dollar hold near two-month peak as yields rise, Fed data looms",
  "url": "https://urgent.news/2026/09/29/dollar-hold-near-two-month-peak-as-yields-rise-fed-data-looms",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T02:00:28.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/dollar-hold-near-two-month-peak-yields-rise-fed-data-looms-6417176"
  },
  "original_language": "en",
  "account": "The dollar reached a near two-month high on Tuesday as soaring oil prices and surging Treasury yields bolstered the greenback, though gains remained modest until U.S. economic indicators are released, according to market analysts. The euro slipped to its weakest level in three months, while the British pound remained steady near a three-month low. The dollar index, which gauges the U.S. currency against a basket of peers, edged higher, on track for a 1.8 percent gain this month, its best performance since June. Oil prices rebounded, with Brent crude futures nearing $106 a barrel, as doubts persisted over the viability of recent efforts to resolve the Iran conflict. Treasury yields climbed to their highest levels since 2007 and 2004, respectively, with the 10-year benchmark hitting its peak since 2007 and the 30-year at its highest since 2004. Although the dollar benefitted from the bond market turmoil, the impact was limited, as traders adjusted to the global bond sell-off and the anticipated U.S. economic data releases. FedWatch tool forecasts a more than 70 percent chance of a Federal Reserve rate hike at the end of October, compared to 57 percent a week prior. Meanwhile, Australia's Reserve Bank is set to raise interest rates later on Tuesday, affecting the Australian and New Zealand dollars. China's yuan held steady around 6.71 per dollar following President Trump and President Xi Jinping's summit, which yielded limited results.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar holds above 0.70 as RBA hike becomes a done deal",
        "url": "https://urgent.news/2026/09/28/australian-dollar-holds-above-0-70-as-rba-hike-becomes-a-done-deal",
        "published": "2026-09-28T23:11:09.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Dollar holds near two-month peak as yields rise, Fed data looms",
        "url": "https://urgent.news/2026/09/29/dollar-holds-near-two-month-peak-as-yields-rise-fed-data-looms",
        "published": "2026-09-29T02:00:28.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Dollar hold near two-month peak as yields rise, Fed data looms",
        "url": "https://urgent.news/2026/09/29/dollar-hold-near-two-month-peak-as-yields-rise-fed-data-looms-10589152",
        "published": "2026-09-29T02:07:10.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar holds near two-month peak as yields rise, Fed data looms",
        "url": "https://urgent.news/2026/09/29/dollar-holds-near-two-month-peak-as-yields-rise-fed-data-looms-10595309",
        "published": "2026-09-29T02:55:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}