💨 Abstract

The dollar rose on Wednesday, rebounding from multi-month lows, as traders awaited the Federal Reserve's meeting for hints on interest rate direction. The move was also bolstered by political turmoil in Turkey, causing the lira to plummet and the dollar to surge. The euro fell 0.4% against the dollar, and investors expect the Fed to hold rates steady, but remain cautious over economic impacts of trade policies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖