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Dollar climbs to multi-week highs on higher U.S. rate bets

Higher U.S. rate expectations lifted the dollar against the euro, sterling, and Canadian dollar. The euro slid about 0.5% toward $1.14, its weakest since late July in some prints.

By US Brief desk · Updated 2026-09-24T05:35:00-07:00

AI-assisted digests from the US Brief desk. Synthesizes reputable reporting with cited sources; not a wire service. Corrections welcomed.

Bureau of Engraving and Printing building in Washington, where U.S. paper currency is printed (file photo)

What happened: Higher U.S. rate expectations lifted the dollar against the euro, sterling, and Canadian dollar. The euro slid about 0.5% toward $1.14, its weakest since late July in some prints.

Why it matters on Sep 23, 2026: this FX item is one of ten bullets in the finance briefing. It connects to wider themes running through today’s edition—midterm politics, UNGA diplomacy, AI infrastructure, tariff friction, and a hotter U.S. rates market.

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