{
  "id": 19750087,
  "title": "Dollar near 19-month high on Fed hike bets, yen tests 160",
  "url": "https://urgent.news/2026/11/13/dollar-near-19-month-high-on-fed-hike-bets-yen-tests-160-19750087",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T02:53:27.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448719/dollar-near-19-month-high-on-fed-hike-bets-yen-tests-160"
  },
  "original_language": "en",
  "account": "The US dollar reached a 19-month high on Friday due to increased expectations of a larger Federal Reserve rate hike, while the Japanese yen approached the critical 160 mark, prompting traders to consider potential intervention. The dollar index was last down 0.05% at 103.17, maintaining its highest level since April 2025. Treasury yields surged after US President Donald Trump indicated the US has no intention of reaching an agreement with Iran, and traders assessed the likelihood of a more substantial Federal Reserve rate increase next month. Two-year Treasury yields increased by 34 basis points over the past two trading sessions, marking the most significant two-day rise in three and a half years. The euro experienced a 0.1% decline to $1.1049, nearing its lowest level against the dollar since April 2025, and the week closed with a 0.8% decrease, on track for its largest weekly loss since late September. Fed officials expressed concerns about persistently high US inflation and suggested a possible 50-basis-point rate hike if price pressures do not subside. The probability of a significant rate increase next month rose to 14.5%, up from 0% the previous week, according to the CME FedWatch tool. Investors are also monitoring the turmoil in technology stocks following Nvidia CEO Jensen Huang's departure, a sector already facing funding and regulatory challenges. Analyst Carol Kong from Commonwealth Bank of Australia warned that a sharp decline in equity markets could negatively impact the US dollar, but she also believes the dollar could continue its upward trend if there is further support for a 50-basis-point hike. Japanese Finance Minister Satsuki Katayama stated that the government will respond appropriately to currency volatility, following the yen's brief touch of the 160-per-dollar threshold on Thursday.",
  "summary": "SHANGHAI/SINGAPORE: The dollar held near a 19-month high on Friday after a strong week of gains on rising bets of a larger Federal Reserve rate hike, pushing the Japanese yen back near the key 160 mark that has left traders on alert for intervention. Treasury yields rose after US President Donald Trump said the US does not need a deal with Iran and as traders weighed the chance of a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Dollar scales fresh 19-month peak, yen hits 160 for first time since September",
        "url": "https://urgent.news/2026/11/12/dollar-scales-fresh-19-month-peak-yen-hits-160-for-first-time-since",
        "published": "2026-11-12T20:53:38.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar tests 0.68 as Fed hawks drive USD to 19-month high",
        "url": "https://urgent.news/2026/11/12/australian-dollar-tests-0-68-as-fed-hawks-drive-usd-to-19-month-high",
        "published": "2026-11-12T22:48:43.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Dollar near 19-month high on Fed hike bets, yen tests 160",
        "url": "https://urgent.news/2026/11/13/dollar-near-19-month-high-on-fed-hike-bets-yen-tests-160-19746773",
        "published": "2026-11-13T02:14:38.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar near 19-month high on Fed hike bets, yen tests 160",
        "url": "https://urgent.news/2026/11/13/dollar-near-19-month-high-on-fed-hike-bets-yen-tests-160-19751332",
        "published": "2026-11-13T02:54:17.000Z"
      }
    ]
  },
  "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."
}