💨 Abstract

The US dollar reached a nine-week high on Monday, driven by stable economic data indicating moderate future interest rate cuts by the Federal Reserve. The euro, in anticipation of an interest rate cut by the European Central Bank, fell 0.2% to $1.0913. The dollar index rose to 103.26, its highest since mid-August.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖