Dollar Tries to Recover as Wall Street Worries About Banks -- Market Talk

Dow Jones
Oct 17

0928 ET - The dollar recovers slightly, as investors avoid risk. Besides ongoing trade tensions and the government shutdown, U.S. regional banks rise as a new source of worries. "The pendulum between fear and greed is swinging toward the former," Bannockburn's Marc Chandler writes, citing large writedowns at some banks. Zions Bancorp yesterday reported a large loss related to alleged fraud, following the recent collapse of Tricolor subprime lender and First Brands auto supplier. Chandler says a decline in bank reserves also raises concerns. The WSJ Dollar Index rises slightly, after falling 0.2% yesterday. The dollar is flat versus the euro and the yen and down 0.1% versus the Swiss franc. (paulo.trevisani@wsj.com; @ptrevisani)

 

(END) Dow Jones Newswires

October 17, 2025 09:28 ET (13:28 GMT)

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