15 Hrs
Source:
الاقتصادية
Dollar holds near one-week high
The US dollar hovered near its highest level in a week against major currencies ahead of the Federal Reserve Chair's speech, which is expected to provide hints about the future of monetary policy, with markets awaiting his address in Jackson Hole. At the same time, the likelihood of interest rate hikes continues to rise, as markets now project a 35% chance in September and 75% in December, amid ongoing concerns over inflation and persistently high Treasury yields.
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