BUSINESSMARKETWATCH
Dollar touches highest level in more than a year. Why this latest rally might be overdone.
The U.S. dollar approached its highest level in over a year, with investors reacting to the Federal Reserve's recent meeting that suggested potential future interest-rate increases.
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Adjacent reporting
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- Aussie’s One-Year Rally Versus Kiwi Is Peaking, Strategists Say
- Bank of Japan hikes rates to highest level in over 30 years
- Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target
- Inflation hits highest level in nearly 3 years, Fed's preferred gauge shows
- Three Bitcoin data points suggest a rally to $80K is imminent