{
  "id": 11138458,
  "title": "Dollar holds near two-month high as US Treasury yields rise",
  "url": "https://urgent.news/2026/10/01/dollar-holds-near-two-month-high-as-us-treasury-yields-rise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T07:19:40.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/01/10/2026/dollar-holds-near-two-month-high-as-us-treasury-yields-rise"
  },
  "original_language": "en",
  "account": "The US dollar reached a near two-month high on Thursday, buoyed by a sustained increase in US Treasury yields, according to the latest wire report. This upward trend was partly fueled by apprehensions over enduring global price pressures, exacerbated by regional tensions in the Middle East.\n\nIn the Asian trading session, the euro experienced a slight decline against the dollar, settling at $1.1330. It had shed nearly 2.5% in September, marking its steepest monthly drop since July 2025. The decline in the euro was driven by mounting concerns over Europe's debt and energy challenges.\n\nThe British pound remained steady at $1.3264, having slipped 2.1% the previous month. Similar to the euro, its stability was attributed to the strengthening dollar.\n\nThe Japanese yen slipped by 0.2%, trading at 157.82 per dollar. While the yen recorded a gain of nearly 1.5% in September, the overall trend saw a moderate decline.\n\nMeanwhile, the Australian dollar hit a two-month low of $0.6940 on Thursday. This downturn was attributed to investors extending the odds on another potential rate hike from the Reserve Bank of Australia, following domestic inflation figures that were marginally below forecasts.\n\nAustralia's economy also saw its New Zealand dollar plummet to its lowest level since November 2025, falling to $0.5618. The NZD's decline mirrored global dollar strength.",
  "summary": "<p>Singapore: The dollar held near a two-month high on Thursday, supported by an extended rise in US Treasury yields partly driven by concerns over persistent global price pressures stemming from the Middle East regional tension.</p> <p>Against the dollar, the euro was marginally lower at $1.1330 in the early Asian session. It clocked a loss of nearly 2.5% in September, the largest since July…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "US Treasury Yields hit 24-year highs amid energy-driven inflation concerns",
        "url": "https://urgent.news/2026/10/01/us-treasury-yields-hit-24-year-highs-amid-energy-driven-inflation",
        "published": "2026-10-01T08:41:49.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Instant View: Bond markets take a drubbing again, 10-year Treasury yields highest since 2002",
        "url": "https://urgent.news/2026/10/01/instant-view-bond-markets-take-a-drubbing-again-10-year-treasury",
        "published": "2026-10-01T09:19:39.000Z"
      }
    ]
  },
  "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."
}