💨 Abstract

The U.S. dollar reached a 10-week high on Monday, extending a weeks-long bull run due to moderate interest rate cut expectations by the Federal Reserve. The dollar rose against the Chinese yuan following China's weekend stimulus announcements, which investors found disappointing. The euro fell to a 10-week low, and the European Central Bank is expected to lower rates this week.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖