Dollar Reaches Two-Month High on Hawkish Fed Signals
The U.S. dollar reached a two-month high following hawkish projections from the Federal Reserve, pressuring Asian currencies. While the Japanese yen slid back toward intervention levels near 160.80 against the dollar, the Indian rupee managed a fourth consecutive session of gains, settling at 94.50. Additionally, shifting Middle East developments and a potential supply glut drove Brent crude lower, while gold prices surged by 1.6%.



















