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14 Oct 2026 · 18:45 GMT+3

US Dollar Index roars towards 103 as hot CPI reignites Fed hike bets

The US Dollar Index (DXY), which tracks the performance of the Greenback against a basket of six major currencies, surges over 0.69% on Wednesday as US inflation data trumps the Federal Reserve (Fed) rhetoric that no rate hikes are needed in 2027.

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