Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism

Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism

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The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The greenback notched a fresh six-month high of 140.91 yen in…

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