- DXY rose 0.1% to 103.016 as of 0721 GMT
- DXY reached as high as 103.083 overnight, a 19-month high
- LSEG data: 88% probability of 25 bps Fed rate hike in December, 12% probability of 50 bps
The dollar index DXY rose 0.1% to 103.016, near a 19-month high. Markets see 88% chance of a 25 bps Fed rate hike in December and 12% chance of 50 bps, boosted by hot inflation data and hawkish Fed comments.
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