U.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy. Despite ongoing tit-for-tat strikes, market reactions were subdued, with analysts citing "news fatigue" and a craving for certainty. Meanwhile, the European Central Bank is poised to raise rates to combat inflation.
U.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy. Despite ongoing tit-for-tat strikes, market reactions were subdued, with analysts citing "news fatigue" and a craving for certainty. Meanwhile, the European Central Bank is poised to raise rates to combat inflation.
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