Anya Andrianova

The dollar fell to a session low on Friday after a report showed the US added fewer jobs than expected in September, leading traders to trim bets the Federal Reserve will raise interest rates this year.

Hedge funds rebuilt a short wager against the Japanese yen as the currency remains under pressure.

The dollar jumped Wednesday as higher oil prices and heightened tensions in the Middle East prompted investors to flock to safety.

The Federal Reserve said on Wednesday that the US participation with Japan in intervening to support the Japanese yen in late July was a Treasury Department move, and that its own funds weren’t involved.

The dollar rally is forging ahead as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist.

(Bloomberg) -- The dollar rally is forging ahead as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist.

The Canadian dollar sank to its weakest level since April 2025 after a softer-than-expected reading of the nation’s labor market reduced the odds of an interest-rate increase by the Bank of Canada.

The dollar strengthened to the highest level in over a year as hot US inflation reading pushed traders to add to bets that the Federal Reserve will raise interest rates.

The Australian dollar touched the lowest level since early July, extending its decline after domestic labor data pushed traders to scale back expectations of interest rate increases from the Reserve Bank of Australia.

(Bloomberg) -- The dollar fell the most in more than a month, erasing gains fueled by hotter-than-expected inflation data. Most Read from Bloomberg