Hawkish Fed lifts dollar to 7-week high as focus turn to BOJ

In a remarkable shift, the dollar has climbed to its highest point in seven weeks after the Federal Reserve's decision to elevate interest rates and hint at more hikes. Investors are now keenly watching the forthcoming decisions from the Bank of England and the Bank of Japan. The surge in the dollar's value has brought the euro down to its lowest mark in almost seven weeks.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.

Hawkish Fed lifts dollar to 7-week high as focus turn to BOJ

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