Dollar storms to 19-month high as Fed rate-hike bets build
The US dollar has climbed to a 19-month high against major currencies, per Reuters. Traders are betting on another Federal Reserve rate hike after October inflation data came in hotter than expected. The dollar's jump puts fresh pressure on currencies worldwide.
- 3 sources report it: X account @Cointelegraph, altcoinbuzz.io, crowdfundinsider.com.
- The source published it on Nov 12, 2026 at 6:30 AM.
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The US dollar just hit a 19-month high against major currencies, according to Reuters, as reported by Cointelegraph. The move comes as traders ramp up wagers that the Federal Reserve will raise interest rates again.
The trigger was October inflation data that came in hotter than expected. That print pushed rate-hike bets higher and sent the dollar climbing against its major counterparts.
TopicsUS dollar · Federal Reserve · Reuters · Cointelegraph
Written by Paparazzi with AI. Not financial advice.
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