Dollar hits seven-week peak after Fed decision

The Federal Reserve decided to raise interest rates, leading the dollar to reach its highest level in seven weeks, with expectations of continued monetary tightening in the future. This came after statements from the new central bank president, Kevin Warsh, which indicated a tendency to increase interest rates, boosting the dollar's strength and causing declines in the euro and British pound, while the Japanese yen remained close to its two-week low. U.S. Treasury yields also rose, and the dollar index reached 100.3, while markets signaled the possibility of another rate hike before the end of the year.

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