Dollar Eyes Longest Winning Streak Since Early 2025 on Oil, Fed Bets

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The strengthening of the dollar continues as strong oil prices press the currencies of energy-importing countries and fears of global inflation persist

Noticias Argentinas | Agencia de noticias

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The currency continues to be nailed to levels a week ago.

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The strengthening of the dollar continues as strong oil prices press the currencies of energy-importing countries and fears of global inflation persist.

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As of the 9th, the dollar continued its weekly rally for the fourth consecutive week, marking its longest bullish streak since early 2025. The Bloomberg Dollar Spot Index continued its rise for the fourth week, recording a cumulative gain of approximately 3% during the period. This marks the longest consecutive weekly rally since early 2025. The main driving force behind the dollar's strength is the surge in international oil prices. As rising…

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Economy: The dollar fell slightly on Friday, but he was still on his way to record gains for the fourth week in a row, amid increased bets that the Fed...