{"id":46639,"date":"2026-09-28T09:49:37","date_gmt":"2026-09-28T07:49:37","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=46639"},"modified":"2026-09-28T09:49:37","modified_gmt":"2026-09-28T07:49:37","slug":"dollar-holds-firm-as-us-iran-tensions-lift-oil","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/dollar-holds-firm-as-us-iran-tensions-lift-oil\/","title":{"rendered":"Dollar holds firm as US, Iran tensions lift oil"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">The Dollar was on the defensive on Monday but \u200bremained near a two-month high, as the United States (US) and Iran standoff continued to push up oil prices and bond \u200cyields, while investors looked ahead to a data-packed week for further clues on inflation and Central bank policy.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Euro was a shade weaker at $1.1386, hovering near two-month lows against the greenback and on course for a 2% decline in September.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Dollar index, which measures the US currency \u200bagainst a basket of peers, eased slightly to 101.12 but was still set for a 1.7% \u2060gain this month, its best gain since June.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Oil prices climbed more than 3% on Monday with Brent crude futures last \u200babove $107 a barrel, after US President Donald Trump rejected a peace deal with Iran to resolve their conflict and reopen the Strait \u200bof Hormuz.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Energy supply risks and robust fundamentals in the US have heightened inflation concerns and prompted traders to price in a more hawkish Federal Reserve, while a relentless rise in long-end Treasury yields also supported the Dollar.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":31144,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-46639","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Dollar was on the defensive on Monday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46639\/revisions"}],"predecessor-version":[{"id":46640,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46639\/revisions\/46640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/31144"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=46639"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=46639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}