Dollar weakens despite rate hike expectations
The decline in expectations of an interest rate hike by the United States led to the stability of the dollar, while gold prices increased as the likelihood of a rate increase diminished. At the same time, the shekel is under pressure due to the Israeli interest rate cut, amid an escalating military conflict in Gaza that has resulted in the death of six martyrs and injuries to others. Additionally, a brutal assault on an American citizen by settlers in Ramallah has occurred. Israel continues its race to impose new Talmudic rituals in preparation for the construction of the "Third Temple."
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