Dollar climbs to 13-month high on AI boom and Fed expectations

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Source: The Washington Post
Dollar climbs to 13-month high on AI boom and Fed expectations
Photo: The Washington Post
TL;DR Summary

Global investors pushed the dollar to a 13-month high on the allure of the U.S. AI boom and the prospect of higher interest rates, with bets on a Fed move later this year overshadowing concerns about Trump’s policymaking.

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