{
  "id": 19790140,
  "title": "Dollar set for best week in two months, yen tests 160",
  "url": "https://urgent.news/2026/11/13/dollar-set-for-best-week-in-two-months-yen-tests-160-19790140",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T09:56:57.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/dollar-set-best-week-in-two-months-yen-tests-160-6548216"
  },
  "original_language": "en",
  "account": "The dollar experienced its best week in two months, reaching a notable high. This surge was driven by expectations of a larger rate hike and rising US Treasury yields. President Donald Trump's statement about the US not needing a deal with Iran heightened concerns over Middle Eastern oil supply, which in turn inflated crude prices and inflation expectations. Meanwhile, the Federal Reserve's hawkish comments and stronger-than-expected US inflation data fueled speculation about a more substantial rate increase from the central bank. Two-year Treasury yields climbed 33 basis points this week, nearing their highest level since 2024. However, the biggest risk to the dollar's strength lies in a potential Middle East peace deal, which would reduce its safety haven appeal. The euro also showed movement, edging up slightly against the dollar. The yen hovered near the 160 mark against the dollar, prompting the Japanese government to warn about potential intervention to counter excessive fluctuations.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}