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Market Impact: 0.45
U.S. dollar hits two-month high as Fed outlook ‘dominant’
Source: The Globe and Mail
Currency & FXInterest Rates & YieldsMonetary PolicyInflationEnergy Markets & Prices
The dollar climbed to a two-month high on expectations of near-term interest-rate increases. However, easing oil prices could reduce inflation pressures and potentially shift the global monetary-policy outlook, creating uncertainty for further dollar gains.
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