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المشهد العربي
Dollar Falls Ahead of Fed Minutes
The value of the dollar decreased by 0.20% against the basket of major currencies, with the dollar index reaching 99.46 points. This comes ahead of the Federal Reserve's meeting minutes, which are expected to provide clues about the future direction of monetary policy. Meanwhile, European currencies remained steady, with the British pound approaching its highest levels against the dollar in three months, and the euro maintaining its position near two-month highs. This follows data showing a slowdown in the US economy, with unexpected job losses and modest inflation rates, leading to reduced expectations of an interest rate hike.
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