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Dollar retreats as oil slumps on pause in Middle East conflict

28/07/2026

The dollar dropped against other major currencies on Monday, as a pause in U.S. bombing in Iran dragged oil prices lower and lifted risk appetite ahead of a busy week of central bank meetings.

Reuters

Dollar Gets Yields Boost as Middle East and Trade Wars Raise Inflation Stakes

24/07/2026

The dollar was underpinned by higher US Treasury yields on Friday and hovered near a 40-year peak against the yen, as a spike in oil prices and a renewed global trade war raised the stakes for inflat

Asharq Al Awsat

Dollar Drifts as US-Iran Conflict Intensifies; Sterling Edges Higher

21/07/2026

The dollar was broadly steady on Monday as uncertainty about the outlook for the conflict in the Middle East kept traders cautious, while the pound edged higher as Andy Burnham prepared to replace Ke

Asharq Al Awsat

Dollar 'steady' on safe-haven demand

20/07/2026

The dollar was flat on Friday, but ended the week lower as tame US inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve. Iran and the United States exchanged intensi

Reuters

Dollar Set for Weekly Drop as Traders Trim Wagers on Rate Hikes

17/07/2026

The dollar held steady on Friday but was poised for a weekly decline as a tame US inflation report this week led traders to cut bets on imminent rate hikes from the Federal Reserve, although escalati

Asharq Al Awsat

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