Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
The U.S. dollar index, which measures the currency against a basket of six peers, was little changed at 100.96
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Summary
The ringgit was unchanged against the Philippine peso at 6.62/6.64. — Bernama. Brent crude futures were up at $79.28 a barrel, after settling up more than 5 per cent at $78.02 on Wednesday, the highest in over two weeks. The markets have increased the implied probability of a hike this year to about 87 per cent, according to CME FedWatch.
Furthermore, Instead, officials are debating whether to maintain the current rate or increase it further, underscoring their continued focus on containing inflation,” he told Bernama.
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The ringgit was unchanged against the Philippine peso at 6.62/6.64. — Bernama
according to Malay MailBrent crude futures were up at $79.28 a barrel, after settling up more than 5 per cent at $78.02 on Wednesday, the highest in over two weeks.
according to Channel News AsiaThe markets have increased the implied probability of a hike this year to about 87 per cent, according to CME FedWatch.
according to Channel News AsiaInstead, officials are debating whether to maintain the current rate or increase it further, underscoring their continued focus on containing inflation,” he told Bernama.
according to Malay Mail
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