Dollar Extends Gains as Rate-Hike Bets Firm -- Market Talk
Dow Jones2026/11/13 11:131113 GMT - The dollar rises to a 19-month high against a basket of currencies, building on recent momentum driven by expectations for further Federal Reserve interest-rate hikes. Markets are betting more heavily on another rate increase in December, pricing in the possibility of a larger 50-basis-points rise. The adjustment follows higher-than-expected U.S. inflation data and remarks from Fed Governor Christopher Waller about the potential for more aggressive tightening earlier in the week. The DXY dollar index rises 0.1% to 103.277, the highest since April 2025. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
November 13, 2026 06:13 ET (11:13 GMT)
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