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وكالة الأنباء القطرية
Dollar faces pressure amid rate hike outlook
The dollar remained under pressure despite increased expectations of a U.S. interest rate hike, as heightened tensions in the Middle East raised the chances of rising inflationary pressures, which could prompt central banks around the world to tighten their monetary policies. The dollar index slightly declined to 99.09 points, close to its lowest level at 98.558 points. Meanwhile, the euro rose slightly to $1.1618, the British pound steadied at $1.3519, and the yen increased by more than 0.2% to 155.88 per dollar following predictions of the Bank of Japan raising interest rates this month.
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