21 Hrs
Source:
الاقتصادية
Dollar rises amid inflation worries
The US dollar index rose above 99.6 points, influenced by growing inflation concerns and expectations of tightening monetary policy by the Federal Reserve, amid increasing inflationary pressures resulting from new US strikes on Iran and rising energy prices. This coincided with expectations of interest rate hikes from the European Central Bank due to rising inflation, as markets remain watchful of the interest rate trajectory and how geopolitical tensions, labor market deviations, and economic conditions will impact it.
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