{
  "id": 9325032,
  "title": "Dollar at 2-month highs as Fed outlook 'dominant'",
  "url": "https://urgent.news/2026/09/23/dollar-at-2-month-highs-as-fed-outlook-dominant",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T11:31:33.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1539493/dollar-2-month-highs-fed-outlook-dominant"
  },
  "original_language": "en",
  "account": "The US dollar reached its strongest level in two months on Wednesday, buoyed by expectations of forthcoming interest rate hikes. The euro and British pound both dropped against the dollar, with the euro declining to a low not seen since late July and the pound falling 0.3 percent. The dollar index, which gauges the US currency against six others, rose 0.24 percent to 100.79. The recent series of rate increases and hawkish statements from key central banks have dominated currency markets, with investors anticipating more rate hikes if inflation does not subside quickly. Strategist Francesco Pesole noted the Fed story and hawkish comments are keeping the dollar in demand. While oil prices have cooled from recent peaks, refined product costs remain elevated, and the US dollar's strength could be influenced by these factors.",
  "summary": "LONDON: The dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.",
  "key_points": [
    "US dollar hits 2-month high",
    "Fed outlook and hawkish statements drive demand",
    "Euro and pound decline against dollar"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Swiss Franc: Range-bound trading outlook against US Dollar – UOB",
        "url": "https://urgent.news/2026/09/23/swiss-franc-range-bound-trading-outlook-against-us-dollar-uob",
        "published": "2026-09-23T11:52:40.000Z"
      }
    ]
  },
  "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."
}