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US dollar climbs as strong inflation lifts Fed rate hike bets, Currencies Direct says

PUBT·11/11/2026 09:00:02
US dollar climbs as strong inflation lifts Fed rate hike bets, Currencies Direct says
  • The US dollar rebounded as October monthly core and headline inflation exceeded forecasts, boosting expectations for Federal Reserve interest rate hikes.
  • Market odds for a 25-basis-point December hike rose to 90%, with a 10% chance of a 50-basis-point increase.
  • Dollar strength limited euro gains, while renewed increases in French borrowing costs also weighed on the currency.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currencies Direct Ltd. published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.