Tag: tensions, fed

  • Dollar drifts with oil; Gulf tensions, Fed minutes in focus

    Dollar drifts with oil; Gulf tensions, Fed minutes in focus

    LONDON, July 9 : The dollar backed off this week’s highs on Thursday as the U.S. and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest rates.Minutes on Wednesday from the Fed’s latest m

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