56 Days
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The dollar remains steady near its highest level ahead of Federal Reserve minutes release
The US dollar remained near its highest level in about a week following President Donald Trump's announcement that the memorandum of understanding with Iran to end their conflict is "terminated." This caused the dollar index to rise to 101.17 points, with markets experiencing fluctuations as investors awaited the Federal Reserve's meeting minutes, which could strengthen expectations of interest rate hikes and support the strength of the US currency. Additionally, markets saw increases in oil prices and the New Zealand dollar in response to Trump's remarks and changes by the central bank, as global geopolitical and economic developments continue to be monitored.
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