Dollar near two-month peak
The dollar is approaching its two-month high, supported by oil price fluctuations and rising Treasury bond yields, amid anticipation of US economic data that could point to a rate hike. The US Dollar Index increased to 101.2, reflecting a monthly rise of 1.8%, and the chances of a US interest rate hike are expected to exceed 70% by the end of October. Fluctuations in major currencies such as the euro and the British pound are part of the impact of economic developments and market movements, while US data are expected to continue supporting the trend of raising interest rates.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)