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Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets

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The dollar clung to a two-month high on Thursday after a strong manufacturing reading reignited inflation fears and rate-hike bets, while a weak Treasury auction sent yields higher across the curve, providing fresh impetus to the US currency.

Read the original report at Reuters.

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Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-24. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.