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U.S. Dollar Rises Amid Hawkish Fed Policy Outlook

U.S. Dollar Rises Amid Hawkish Fed Policy Outlook

The U.S. dollar strengthened against most major currencies in the European session on Tuesday, as traders focus on the Federal Reserve's (Fed) probable intention to maintain higher interest rates for a longer period of time.
RTTNews | Před 5 dny
Hawkish Fed Supports Dollar as Oil Weakness and Political Risks Pressure Major Currencies | 23rd June, 2026

Hawkish Fed Supports Dollar as Oil Weakness and Political Risks Pressure Major Currencies | 23rd June, 2026

The US Dollar remained dominant as expectations of a hawkish Federal Reserve supported demand for the Greenback. Improving US-Iran relations and the lifting of sanctions on Iranian oil exports increased global supply expectations, pressuring crude oil prices. Meanwhile, political uncertainty in the UK and weaker commodity markets weighed on the Pound, Canadian Dollar, and Australian Dollar.
Moneta Markets | Před 5 dny