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US-interest-rate

Dollar set for large rise in September, mainly at euro's expense
Dollar set for large rise in September, mainly at euro's expense
The dollar stood near this year's high versus the euro on Wednesday and was ​poised for the largest monthly rise against it in 14 months, powered by US growth and rising ‌US interest rates in contrast to the energy and debt worries swirling in Europe.On Tuesday the euro dipped to its lowest since May 2025, at $1.1312, and it traded nearby at $1.1339 in Asia on Wednesday. The euro is also testing support around 178 yen.The dollar is up nearly 2.5% on the euro ​in September and it is set to notch...
Global Economy•30 September 2026