Dollar Stays Firm After Reaching 18-Month High
The dollar remains elevated after reaching an 18-month high Monday, supported by softer risk sentiment and comments from Fed official Beth Hammack favoring further rate rises, Danske Bank's Silje Bue says. Markets await U.S. inflation data Wednesday.
The dollar remains elevated after reaching an 18-month high on Monday, lifted by softer risk sentiment and comments from Federal Reserve official Beth Hammack arguing for further interest-rate rises, Danske Bank's Silje Bue says in a note. S. inflation data on Wednesda…