Dollar hits one-month high on lingering chances of Fed hike
Dollar hits one-month high on lingering chances of Fed hike TOKYO, July 28 (Reuters) - The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over inflation.
Reported by 1 outlet — Investing.com · Economy. See all sources ↓
Dollar hits one-month high on lingering chances of Fed hike TOKYO, July 28 (Reuters) - The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over inflation. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, edged up 0.03% to 101.55, with the euro down 0.01% at $1.1366. Against the Japanese yen, the dollar gained 0.05% to 163.82, while sterling eased 0.02% to $1.3284.
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- Dollar hits one-month high on lingering chances of Fed hike TOKYO, July 28 (Reuters) - The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over inflation.
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Dollar hits one-month high on lingering chances of Fed hike
Sources1TypeCoverageInvesting.com · Economy