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Dollar rides high on Fed rate-hike bets

The US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength is fueled by expectations of a robust US economy, higher interest rates, and a hawkish Federal Reserve stance. Traders are closely watching key inflation data, with the dollar’s upward momentum potentially continuing in the short term due to corporate demand.

Source :- Markets-Economic Times Read More

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