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The dollar's price rose against major currencies, supported by rising oil prices and market expectations regarding the Federal Reserve's meeting minutes and statements from central bank officials about the possibility of raising interest rates. The euro declined by 0.83% to 1.1166 dollars, approaching its lowest level in 17 months, while the dollar index increased by 0.64% to 102.49 points, amid heightened demand for the US currency as a safe haven due to concerns over Middle East supplies. Forecasts indicate a 21.6% chance of a 25 basis point interest rate hike by the Federal Reserve in October, with attention on developments in the Middle East and US economic data that could influence future interest rate decisions.
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