Dollar steady amid rate hike doubts
The dollar weakened amid declining expectations of an American interest rate hike, while gold prices rose as expectations of rate increases diminished. The dollar remains stable, awaiting upcoming U.S. inflation data, amidst forecasts that Iran's conflict will push global interest rate expectations higher until 2028. Additionally, Netanyahu rejected the "Peace Council" roadmap regarding Gaza, while Iran is using new arrangements across the Strait of Hormuz to exert pressure on the U.S., and authorities are warning of attempts to target refugee camps in the West Bank.
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