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المشهد العربي
US dollar holds steady as Fed rate hike expectations fall
The US dollar experienced a relatively stable position against the basket of major currencies, remaining around 99.62 points. This stability came amid a decrease in the likelihood of a US interest rate hike to 35% in September, down from 52% the previous week. As a result, European currencies such as the euro and the British pound declined due to changes in expectations regarding monetary policy.
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