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اقتصاد سكاي نيوز عربية
Dollar nears two-month peak on rate hike odds
The dollar rose to approach its highest level in two months, supported by a strong US jobs report, which boosts expectations of interest rate hikes by the Federal Reserve this year. The euro fell to a two-month low, and the British pound dropped below $1.332. Meanwhile, other currencies such as the Australian dollar and the New Zealand dollar declined to levels not seen in two months. Experts forecast that interest rates are likely to increase twice by 25 basis points each in the second half of the year, with continued pressure on similar currencies.
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