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Dollar Heads for Biggest Weekly Gains in Two Months as Rate Hike Expectations Rise

May 15, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

The dollar rose slightly today, Friday, on track to record its largest weekly increase in over two months, as rising energy prices fueled inflationary pressures, bolstering expectations for a U.S. interest rate hike this year. The dollar's rise today coincided with an increase in U.S. Treasury yields, which surged to their highest levels in a year, as traders...

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