Global marketsUpdated 3h ago

Dollar near 19-month high, on track for biggest weekly gain in two months

Asharq Al-Awsat reported Friday, November 13, that the dollar remained near its 19-month high and was on track for its biggest weekly gain in two months. Investors were increasing bets on larger rate rises, but those bets are market expectations, not a Federal Reserve decision. For prior-session context, the Saudi Press Agency reported Thursday that the dollar index stood at 102.80 after touching 103.02. Against the yen, the dollar fell 0.10% to 159.62 after reaching 159.945.

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