Dollar Hits Weekly Low as War-Induced Oil Spike Forces ECB and BoJ to Signal Rate Hikes to Curb Inflation

The dollar slid from multi-month highs this week as soaring energy prices upended the outlook for global interest rates, with the U.S. Federal Reserve left alone as the only major central bank that is not expected to hike rates this year.Before the U.S.-Israeli war on Iran began

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