12 Hrs
Source:
الاقتصادية
Dollar Nears Two-Month High on Tightening Bets
The dollar rose significantly near its two-month highs, supported by expectations that interest rate hikes by central banks will continue gradually. Rising tensions between the United States and Iran led to an increase in oil prices, while concerns about inflation declined. Expectations are growing that the market will see further monetary tightening, as Federal Reserve officials indicated the possibility of raising interest rates more if inflation persists. Markets are also awaiting the outcomes of upcoming meetings with policymakers, closely watching interest rate trends and their impact on major currencies and oil prices.
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