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The dollar index held above 102 on Thursday, remaining near its strongest level since April 2025 as the latest FOMC minutes pointed to a hawkish stance among policymakers amid persistent inflation risks.Minutes from the Federal Reserve’s September meeting showed that all 19 policymakers supported t…
Hawkish FOMC minutes provide underlying support for the dollar
ING’s Chris Turner notes the Dollar remains supported after September FOMC minutes showed a Federal Reserve still expecting another rate hike this year.