Dollar hits one-month high ahead of Fed decision

Oil prices declined as investors awaited the U.S. Federal Reserve's decision on interest rate hikes, after the dollar held its high levels for a month, supported by expectations of a possible interest rate increase to 36.3% on Wednesday and 81% in September. This comes despite a drop in oil prices and a partial decrease in inflation. The market expects that any unexpected interest rate rise will strengthen the dollar against low-yielding currencies, as investors wait for the release of U.S. GDP data and the Personal Consumption Expenditures (PCE) index to determine the future trend.

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