Dollar Notches Its 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 8:43 PM UTC Takeaways by Bloomberg AI 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 wrapped up a four-week advance to notch about a 3% gain in the period — its longest winning streak since early 2025. On Friday, the gauge rose 0.2% while Treasuries slipped, pushing yields across maturities closer to their recent peaks. The dollar has been supported by elevated oil prices over the ongoing war in Iran as investors seek safety in the currency. Speculative traders are still bullish on the dollar, according to Commodity Futures Trading Commission data released Friday.