{
  "id": 13854929,
  "title": "Dollar stays near 18-month high as Mideast conflict, inflation data in focus",
  "url": "https://urgent.news/2026/10/12/dollar-stays-near-18-month-high-as-mideast-conflict-inflation-data-in-13854929",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T02:20:43.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/forex/forex-news/dollar-stays-near-18-month-high-as-mideast-conflict-inflation-data-in-focus/articleshow/134880836.cms"
  },
  "original_language": "en",
  "account": "The US dollar maintained its near 18-month high in early Asian trade on Monday, as tensions in the Middle East and forthcoming US inflation data influenced investor sentiment. Oil prices fluctuated following heightened Houthi strikes in Yemen and two recent tanker attacks, with Brent crude futures falling 1% to $103.55 per barrel. The dollar index, which gauges the greenback's strength against six currencies, slipped slightly to 102.14 but remained near the 18-month peak reached last week. Analysts at Commonwealth Bank of Australia forecast the Houthis would persist in their assaults on Saudi Arabian energy infrastructure, bolstering oil prices and the dollar. However, a breakthrough in the US-Iranian peace proposal remains unlikely this week. Meanwhile, traders focus on Wednesday's US consumer price index report, expected to provide crucial insights into the Federal Reserve's upcoming interest rate decision. Currently, there is an 81% chance of the Fed maintaining rates, up from 51% a month prior. The euro and British pound also experienced minor gains and remained stable, respectively, amid investor concerns about France's fiscal situation and global energy markets.",
  "summary": "The dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor confidence. Fluctuations in oil prices continue as conflict in Saudi Arabia disrupts infrastructure, paired with controversial ceasefire news. Investors focus on the looming US consumer price index report, which will influence Federal Reserve interest rate…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Oil climbs as Mideast conflict, tanker attacks persist",
        "url": "https://urgent.news/2026/10/11/oil-climbs-as-mideast-conflict-tanker-attacks-persist",
        "published": "2026-10-11T23:30:29.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar edges higher to near 0.7000 on weak US Sentiment",
        "url": "https://urgent.news/2026/10/11/australian-dollar-edges-higher-to-near-0-7000-on-weak-us-sentiment",
        "published": "2026-10-11T23:44:14.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Oil climbs as Mideast conflict, tanker attacks persist",
        "url": "https://urgent.news/2026/10/12/oil-climbs-as-mideast-conflict-tanker-attacks-persist",
        "published": "2026-10-12T00:25:58.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar stays near 18-month high as inflation data in focus",
        "url": "https://urgent.news/2026/10/12/dollar-stays-near-18-month-high-as-inflation-data-in-focus",
        "published": "2026-10-12T02:01:30.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Dollar stays near 18-month high as Mideast conflict, inflation data in focus",
        "url": "https://urgent.news/2026/10/12/dollar-stays-near-18-month-high-as-mideast-conflict-inflation-data-in-13849841",
        "published": "2026-10-12T02:03:39.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar stays near 18-month high as Mideast conflict, inflation data in focus",
        "url": "https://urgent.news/2026/10/12/dollar-stays-near-18-month-high-as-mideast-conflict-inflation-data-in-13853346",
        "published": "2026-10-12T02:38:11.000Z"
      }
    ]
  },
  "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."
}