Dollar climbs to 13-month high on AI boom and Fed expectations
TL;DR
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.
Topics:businesseconomy#central-bank-interest-rates#economy#federal-reserve-system#inflation#monetary-policy#note-5-tags-requested-but-provided-5-6-to-reflect-relevance#stock-markets
- Dollar hits 13-month high as foreign investors overlook worries about Trump The Washington Post
- Dollar declines for second straight day but set for weekly gain Yahoo Finance
- Dollar eases from 13-month high after burst of economic numbers CNBC
- Wall Street Embraces the Dollar as Warsh’s Fed Activates Bulls Bloomberg.com
- FX Weekly MUFG Research
Want the full story? Read the original reporting
Read on The Washington Post