Wednesday, October 21, 2026

Business News

US dollar weakens as treasury yields decline

The US dollar weakened after Treasury yields fell, with the currency dropping to a three-week low in the previous session.

ONA

info@thearabianstories.com

Wednesday, October 21, 2026

WASHINGTON: The Australian dollar rose 0.1 percent to $0.7013, remaining just below the previous session’s high of $0.7017.
The dollar index, which measures the US currency against a basket of six major currencies, stood at 101.78 after declining 0.2 percent in the previous session.
Against the Japanese yen, the dollar was little changed at 158.33 yen. The euro traded at $1.1229, while the British pound stood at $1.33735.
Meanwhile, the New Zealand dollar fell 0.1 percent to $0.5677.

Close