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Dollar stronger on growing Fed rate hike bets | Collector
Dollar stronger on growing Fed rate hike bets
Financial Mirror

Dollar stronger on growing Fed rate hike bets

The US dollar is holding positive ground near 99.15 in early European trading on Tuesday, bolstered by the unclear geopolitical situation. Traders digested President Donald Trump’s announcement that he would “hold off” an attack on Iran scheduled for Tuesday at the request of Gulf leaders. Trump further stated that the US would be “probably satisfied” if it could reach an agreement with Iran that prevents Tehran from obtaining a nuclear weapon, according to the Guardian. However, the US President said that Washington was prepared to attack if an acceptable deal wasn’t reached, but didn’t set a deadline. Traders repriced the chance that The post Dollar stronger on growing Fed rate hike bets appeared first on Financial Mirror .

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