Business · Markets · 1 hr ago
US dollar stays near 18-month high as markets await inflation data
The US dollar remained close to its highest level in 18 months on Monday.
Investors were cautious amid rising tensions in the Middle East and were waiting for US inflation figures due on Wednesday, October 14.
The dollar index, which tracks the currency against six major currencies, slipped slightly to 102.16.
The dollar also edged down against the yen, while the euro and pound rose slightly against it.
Inflation data can affect expectations for the Federal Reserve’s interest-rate policy.
The Fed is scheduled to meet on October 27 and 28 to decide on rates.
The US dollar stayed near an 18-month high as investors awaited US inflation data due this week.
The dollar index slipped slightly to 102.16 points.
Investor caution over rising tensions in the Middle East also weighed on market sentiment.
The US Consumer Price Index data is due on October 14, ahead of a Federal Reserve meeting on October 27 and 28.
The data could influence the Fed’s monetary policy direction and interest-rate decision.
- Who
- The US dollar and other major currencies.
- What
- The dollar stayed near its highest level in 18 months, while the dollar index edged down to 102.16 points.
- When
- Monday, October 12, 2026.
- Where
- Currency markets, including Asian markets.
- Why
- Investors were cautious about rising Middle East tensions and awaited US inflation data that could affect Federal Reserve policy.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
The dollar stayed near an 18-month high as markets awaited US inflation data.
US Consumer Price Index data is due to be released.
The Federal Reserve is scheduled to meet and decide on interest rates.
- Dollar index
- 102.16 points
- Dollar against yen
- 158.245 yen, down 0.06%
- US CPI data
- Due October 14, 2026
- Federal Reserve meeting
- Scheduled for October 27–28, 2026
Sources
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