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Dollar Holds Near 18-Month HighSingapore, 8 Oct 2026 (ONA) — The dollar held near an 18-month high in subdued Asian trading today after minutes from the Federal Reserve’s latest meeting pointed to a hawkish tilt, with policymakers identifying inflation as the biggest risk to their outlook. The dollar index, which tracks the US currency against a basket of six major currencies, was steady at 102.23 after gaining 0.3% on Wednesday. Against the yen, the dollar slipped 0.2% to 157.815 yen after data released Thursday showed Japan’s current account surplus reached 4.062 trillion yen ($25.7 billion) in August. The Australian and New Zealand dollars were little changed at $0.6960 and $0.5600, respectively, while the euro was steady at $1.1201 and sterling was flat at $1.3215.— Ends/AH
