The U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later today. Oil prices rose after missile interceptions, adding to inflation concerns. The euro and sterling weakened against the strong dollar in Asian trade. Analysts expect the Fed to hold rates steady amid global uncertainties.
The U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later today. Oil prices rose after missile interceptions, adding to inflation concerns. The euro and sterling weakened against the strong dollar in Asian trade. Analysts expect the Fed to hold rates steady amid global uncertainties.
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