EconomicUnited States·Unpinned14 Oct 2026
U.S. dollar reaches highest level since May 2025 ahead of Fed commentary
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The U.S. dollar surged to its highest level since May 2025 as the Bloomberg Dollar Spot Index rose 0.5 percent on Wednesday. This strengthening followed a Bureau of Labor Statistics report showing that U.S. consumer prices advanced at the fastest pace in five months due to rising fuel costs. Consequently, traders increased bets that the Federal Reserve…
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