The dollar neared a two-month high following the Federal Reserve’s cautious stance on interest rate cuts, bolstered by a resilient U.S. economy and easing tariff concerns. Fed Chair Powell’s remarks reinforced the dollar’s strength, while the euro and sterling weakened, both on track for monthly losses. South Korea recently reached a trade agreement with the U.S.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets