US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy | Stock Market News

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy | Stock Market News

Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…

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