Report: U.S. monetary policy environment may benefit the dollar
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The co-founder and CEO stated: "Persistent inflationary pressures are prompting the market to believe that interest rates will remain high for a longer period." According to data from the London Stock Exchange Group, the US money market has fully priced in a 25-basis-point rate hike by the Federal Reserve by March 2027, with a 62% probability of a rate increase by the end of 2026. He said that currently, the US Dollar Index and crude oil continue to trade within a range, reflecting broader uncertainty in global markets. The DXY US Dollar Index rose 0.1% to 99.25.
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