Dollar Strengthens on Rising Fed Hike Odds After Hot Inflation, Hawkish Remarks
Published 2 d ago4 sourcesEvidence: Reported
European bond yields rose slightly on Wednesday, with German and French rates up 1-2 basis points, while the dollar extended gains, pushing EUR/USD below 1.11 and the dollar index to 102.78. The move suggests continued market repricing of rate differentials, though the magnitude is modest. This reflects ongoing dollar strength amid relatively hawkish Fed expectations versus European counterparts.
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