🩸Possibility of reducing the pace of interest rate cuts revives the US dollar 👀👀

➡️ The dollar rose today, Tuesday, to its highest level in two and a half months, supported by expectations that the Federal Reserve will slow the pace of interest rate cuts.

🔼 The yield on the US 10-year Treasury bond reached 4.222 percent, the highest level since July 26.

🔼 Expectations indicate a 91% interest rate cut in November.

🔼 The dollar index rose by 0.04% to reach 104, and increased by about 3.3% on a monthly basis.