Wednesday, 30 September 2026Updated 19m ago
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Dollar Powers to Best Month Since June on Fed’s Inflation Fight

2 sources · first seen 05:48 30 Sept · updated 16:40 30 Sept

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Part of a developing story8 updates over 3 days

Rising US yields pressure gold and currencies

Higher Treasury yields and expectations of further Federal Reserve rate increases weighed on gold, with gold and silver ETFs falling by up to 4% and 3.6%, respectively. The dollar stayed near a two-month high, while the euro fell to a 16-month low.

Wednesday, 30 September

  1. 2 sourcesYou are here
    Dollar Powers to Best Month Since June on Fed’s Inflation Fight

Tuesday, 29 September

  1. 2 sources
    Euro Falls to 16-Month Low as Hawkish Fed Bets Boost Dollar
  2. 2 sources
    Battered bond market braces for a new era of interest rates
  3. 3 sources
    Dollar holds near two-month high as yields rise ahead of US data
  4. 2 sources
    Gold rises but strong Fed hike bets keep it near seven week-low

Monday, 28 September

  1. 3 sources
    Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates
  2. 2 sources
    Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears

See all 8 updates →

Read the reports

2 reports · earliest 05:48
BloombergDollar Powers to Best Month Since June on Fed’s Inflation Fight05:48MoneycontrolDollar heads for best month since June as traders price in aggressive Fed hikes16:40