Dollar holds near 18-month high as geopolitical risks rise

Economic Times - Oct 13, 2026

The US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on energy facilities in the Middle East and Ukraine, enhancing the dollar's strength against major currencies. The euro and British pound show resilience despite shifting market dynamics, while cryptocurrencies such as Bitcoin and ether experience downturns, paralleling Brent crude’s recent drop in value.

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