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The Dollar Is Riding High Thanks to a Newly Hawkish Fed

The Dollar Is Riding High Thanks to a Newly Hawkish Fed
Bloomberg Markets Friday 19 June 2026, 10:26 UTC By Phil Serafino 1 min read
Key Points

The Dollar Is Riding High Thanks to a Newly Hawkish Fed Greenback’s strength is weighing on emerging-market currencies This article is for subscribers only. One consequence of this week’s hawkish turn from the Fed: The dollar is on fire, and that has ramifications for markets around the world. The US currency just staged its biggest two-day rally in three months as traders bet that the Fed will start raising interest rates as soon as next month.

The Dollar Is Riding High Thanks to a Newly Hawkish Fed Greenback’s strength is weighing on emerging-market currencies This article is for subscribers only. One consequence of this week’s hawkish turn from the Fed: The dollar is on fire, and that has ramifications for markets around the world. The US currency just staged its biggest two-day rally in three months as traders bet that the Fed will start raising interest rates as soon as next month. Options also reflect bets on a stronger dollar. [Image text:] SCRALSCKRANO OFAWIERCA RVENOTE FORALLNOTSECANPRVATE FEDERALRES 301F PK70568 JULY K11 PK70568301F
Newly (ORG) Fed (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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