The dollar extended its rally for a second day, moving back toward its late-March peak as traders increased bets that the Federal Reserve could start raising interest rates as soon as late next month. The move reflects a hawkish shift in rate expectations and stronger demand for the currency, with implications for FX markets and rate-sensitive assets.
The dollar extended its rally for a second day, moving back toward its late-March peak as traders increased bets that the Federal Reserve could start raising interest rates as soon as late next month. The move reflects a hawkish shift in rate expectations and stronger demand for the currency, with implications for FX markets and rate-sensitive assets.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
