Dollar Nears 13-Month High as Investors Await Fed Decision

Reported about 19 hours ago

The U.S. dollar remains close to a 13-month high as traders evaluate the Federal Reserve's interest rate direction amid uncertainty in Europe, while the yen holds its position despite rising inflation in Japan. With little data impacting its rise, the dollar index slightly decreased to 107.01, showing market volatility concerning future rate cuts by the Fed. Bitcoin also nears the $100,000 level amidst expectations of relaxed regulations under President-elect Trump's policies.

Source: YAHOO

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