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Dollar nears its strongest level this year as haven demand grows

2 sources · first seen 17:42 5 Oct · updated 01:13 6 Oct

The brief

Written from 2 reports · check the source before you trade

Fiscal strains and renewed political uncertainty in Europe boosted its haven appeal

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Dollar strength amid rising yields and haven demand

The dollar climbed to a 17-month high as rising bond yields, inflation concerns and prospects of further Fed rate hikes supported it against the euro. Fiscal strains and political uncertainty in Europe added to its haven appeal.

Monday, 5 October

17:422 sourcesYou are here
Dollar nears its strongest level this year as haven demand grows

Read the reports

2 reports · earliest 17:42

BloombergDollar Nears Strongest Level This Year as Cracks Emerge in Rally17:42 MintDollar Extends Relentless Rally Even as Cracks Start to Emerge01:13