October 18, 2026
Business

Dollar near six-week high amid Iran war jitters(Soban News)

The US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve’s next move on interest rates. Rising energy costs could push inflation higher, influencing the Fed’s decision. Currencies like the Euro and Yen face pressure. Australia grapples with energy shortages. Japan’s core inflation slowed, impacting its currency.

​The US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve’s next move on interest rates. Rising energy costs could push inflation higher, influencing the Fed’s decision. Currencies like the Euro and Yen face pressure. Australia grapples with energy shortages. Japan’s core inflation slowed, impacting its currency. by Soban News (international And National News)

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