U.S. Dollar Climbs After Fed Signals No Rush to Cut Rates

U.S. Dollar Climbs After Fed Signals No Rush to Cut Rates

The U.S. dollar strengthened against major currencies on Friday, following its best performance in three weeks. This rise came after the Federal Reserve indicated it is not in a hurry to cut interest rates, maintaining its current rate of 4.25%–4.50%. The dollar index rose to 103.88, reflecting investor confidence in the U.S. economy amidst global uncertainties.

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