Dollar firms as Fed rate-hike expectations rise
The U.S. dollar edged higher as crude oil prices jumped after the U.S. announced a fresh wave of strikes against Iran following weekend attacks, raising inflation concerns and Fed rate-hike expectations.
WASHINGTON (dpa-AFX) - The U.S.
Dollar value edged higher as crude oil prices skyrocketed after the U.S. announced fresh wave of strikes against Iran following the weekend attacks.
With Strait of Hormuz shut, inflation concerns rising, expectations of a rate hike by the U.S.
Federal Reserve has soa…