Dollar Continues to Maintain Strength Despite Easing, Fed Focus, and Middle East Concerns
Key Takeaways π΅ Dollar eased from 5-1/2-month highs due to Fed officials emphasizing rate-cutting cycle on hold π Recent data shows U.S. economy stronger than expected, leading to reduced bets on future rate cuts π‘οΈ Dollar gains safe-haven appeal in short term due to risks of broadening Middle East conflict π More hawkish view on … Read more