empty
 
 

2026.09.2511:25:31UTC+00Dollar Rally Pauses on Friday

The dollar index slipped below 101 on Friday, halting a five-session rally that had pushed the greenback to its highest levels since July. A modest pullback in oil prices — amid indications that US and Iranian negotiators may be working toward a phased deal to reopen the Strait of Hormuz — offered some relief to investors worried about renewed inflation pressures.

Even so, the dollar advanced roughly 1% over the week, posting a second consecutive weekly gain. The move was underpinned by expectations of further Federal Reserve tightening, persistent geopolitical uncertainty in the Middle East, the recent sequential rise in oil prices, and resilient US economic data.

The greenback was mostly weaker against the yen on Friday after Japanese officials emphasized that Tokyo and Washington remain committed to the policy stance that supported July’s joint interventions. Finance Minister Katayama also noted that President Trump had voiced concerns about yen movements during his meeting with Prime Minister Sanae Takaichi earlier this week.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback