Dollar Falls to 1-Month Low as Oil Prices Slip -- Market Talk
Dow Jones2026/11/02 09:430943 GMT - The dollar falls to a one-month low against a basket of currencies as oil prices ease significantly. Renewed diplomatic efforts to end the U.S.-Iran conflict ease concerns over Middle East supply disruptions, sending Brent crude down 4% to 108.91 per barrel. Investors are also looking ahead to the U.S. midterm elections on Tuesday along with tech earnings this week and the all-important U.S. nonfarm payrolls report on Friday. The DXY dollar index falls to as low as 101.426. The euro rises to an 11-day high of $1.1237, according to LSEG. Sterling rises a near seven-week high of $1.3449. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
November 02, 2026 04:43 ET (09:43 GMT)
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