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'Still no peace in sight': Dollar now nears two-month high as US-Iran stalemate bolsters oil, Fed rate hike bets

Oil rises as US-Iran frictions underscore supply risks as dollar holds firm, key data eyed for Fed rate outlook

The Star MalaysiaSamuel Indyk, Jiaxing Li查看原文 ↗
“和平仍遥遥无期”:由于美伊僵局提振油价,市场预期美联储将加息,美元逼近两个月高位。

Children play on a swing at sunrise as cargo ships are anchored in the Strait of Hormuz off Bandar Abbas, Iran, on Monday, Sept 28, 2026. -- Photo: Amirhosein Khorgooi/ISNA via AP

THE HORMUZ STRAIT (Reuters): The dollar was steady near a two-month high on Monday as the US-Iran standoff pushed up oil prices and Treasury yields, while investors looked ahead to a data-packed week for further clues about the path of central bank policy.

The dollar index, which measures the US currency against a basket of peers, was little changed at 101.16 but was still set for a 1.7% monthly gain, its biggest since June.

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Dollar steadies near two-month high as US-Iran stalemate lifts oil, Fed rate hike bets build

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