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The second half of 2026 began with the dollar performing strongly, recording a 3% increase amid expectations of a rise in U.S. interest rates due to persistent inflation and economic slowdown. Investors continue to rely on American assets. The dollar is reaching its highest level against the yen in 40 years and is approaching its annual high against the euro, driven by Federal Reserve policies and geopolitical tensions, with forecasts indicating at least one more interest rate hike this year.
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