Business · Markets · 2 hrs ago
US dollar holds firm as currency markets start the week quietly
Currency markets were little changed as the week began, but the US dollar remained firm.
The euro traded at 1.1202 dollars, near the 1.12 level it had fallen below several times the previous week.
The dollar was worth 0.8309 Swiss francs, while the euro was worth 0.9308 francs.
A key concern over the weekend was intensified attacks on airports in Saudi Arabia by the Iran-backed Houthi militia.
That has raised fears of a wider escalation involving the United States and possible disruptions to oil exports.
The market update did not say what would happen next.
Currency markets were little changed at the start of the week on Monday.
The US dollar held at a high level, with EUR/USD at 1.1202.
The dollar traded at 0.8309 Swiss francs, while the euro stood at 0.9308 francs.
A comment cited by cash.ch said attacks by the Iran-backed Houthi militia on Saudi airports had intensified over the weekend.
The comment said risks of further escalation involving the United States and interruptions to oil exports had risen.
- Who
- Currency markets, including the US dollar, euro and Swiss franc.
- What
- The dollar held firm as currency markets were little changed.
- When
- Monday, October 12, 2026.
- Where
- Currency markets; specific location Not stated.
- Why
- The source reported increased geopolitical risks after intensified Houthi attacks on Saudi airports, but did not say these caused the dollar’s firmness.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
The dollar traded around 0.8309 Swiss francs.
Currency markets were little changed, with the dollar at 0.8309 Swiss francs and EUR/USD at 1.1202.
- EUR/USD
- 1.1202
- US dollar/Swiss franc
- 0.8309
- Euro/Swiss franc
- 0.9308
- Market activity
- Little changed at the start of the week on Monday
- Geopolitical risk
- Intensified Houthi attacks on Saudi airports over the weekend
Sources
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