The U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later today. Oil prices rose after missile interceptions, adding to inflation concerns. The euro and sterling weakened against the strong dollar in Asian trade. Analysts expect the Fed to hold rates steady amid global uncertainties.

TOKYO, July 28 : The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve's upcoming meeting, even…

Discover why the US dollar reached a one-month high amidst lingering Fed hike speculation, despite easing oil prices and inflation concerns. Read more at straitstimes.com. Read…