Fed minutes reveal rate hike discussions as inflation stays above 2%, the dollar hits a six-week high near 99.37, and Iran talks uncertainty rattles markets.

The US dollar remains strong near a six-week peak, driven by inflation fears and the potential for higher interest rates due to the Iran war. This surge is pushing the Japanese…

The US dollar hit a six-week high on Wednesday as investors came to terms with the possible need for higher interest rates to tackle inflation resulting from the Iran war.