54 Days
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الاقتصادية
Source: الاقتصادية
54 Daysالاقتصادية
Source: الاقتصادية
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The rise of the dollar against the Swiss franc came after the release of US inflation data, which showed an increase in consumer prices, thereby boosting the likelihood that the Federal Reserve will raise interest rates at its upcoming meeting. Inflation indicators for August also increased, with the Consumer Price Index rising by 0.4%, and the core CPI exceeding 2.4% annually. Despite this, the dollar remained influenced by escalations in the Middle East and high oil prices, which limited its gains against other major currencies. Markets indicate an 86% chance of a 25 basis point rate hike, amid persistent high US Treasury yields, oil prices staying above $100 per barrel, ongoing inflation, and the continued possibility of rate increases in the future.
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