FOREX dollar soars to a 2-month high as traders abandon rate cut predictions

The foreign exchange market, commonly known as FOREX, experienced a significant development as the US Dollar surged to a two-month high against major currencies. This upward movement was attributed to the Federal Reserve’s diminishing expectation of aggressive rate cuts.  Traders, grappling with the market dynamics, recalibrated their bets, leading to a boost in the Dollar’s […] source: https://www.cryptopolitan.com/forex-dollar-soars-to-a-2-month-high/