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Tag: Dollar Index

2 articles

Dollar Index Hits 19-Month High as Markets Bet on Fed Rate Hike

The dollar strengthened against several major currencies on November 11, lifting the Dollar Index to its highest level since April 2025. Higher-than-expected US inflation in October and recent comments from Federal Reserve officials raised expectations of a December rate hike.

World

Gold Falls More Than $100 an Ounce as US Inflation Exceeds Forecasts

US consumer prices rose more than expected in October, prompting traders to raise their bets on a Federal Reserve rate increase in December. On November 10, spot gold fell 2.6% in New York, down $107.4 an ounce, while the dollar index and US Treasury yields rose. The next morning, Vietcombank’s dollar selling rate reached 25,790 dong.

Finance