Dollar Is Set for Longest Winning Streak Since Early 2025

Markets Currencies Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Anya Andrianova and Melos Ambaye October 9, 2026 at 8:05 AM UTC Updated on October 9, 2026 at 3:53 PM UTC The dollar rally is forging ahead as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist. The Bloomberg Dollar Spot Index is extending its advance into a fourth week to notch about a 3% gain in the period — its longest winning streak since early 2025. The gauge rose 0.2% Friday as the 10-year Treasury yield climbed four basis points to 5.27%. The dollar has been supported by elevated oil prices amid fresh attacks from Iran threatening energy flows in the Middle East and pushing investors into the safety currency.