Dollar Firms as Oil Leaps Further -- Market Talk

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Dollar Firms as Oil Leaps Further -- Market Talk

Dow Jones03-19 15:25

0725 GMT - The dollar rises, alongside U.S. Treasury yields, to reflect yet another jump in oil prices. The DXY dollar index, which measures the dollar against a basket of currencies, is up 0.1% at 100.208, while Brent crude last trades at $113.55 per barrel, close to its intraday high of $114.08. "We emphasize that rising global energy prices and tighter global financial conditions would both be supportive factors for the broad U.S. dollar," Danske Bank's Filip Andersson says in a note. U.S. Treasury yields also rise, with the 10-year yield up 2.8 basis points at 4.281%, according to Tradeweb. The Federal Reserve left interest rates on hold on Wednesday, as expected, and Chair Jerome Powell said little to suggest rate cuts were on their way. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

March 19, 2026 03:25 ET (07:25 GMT)

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