Dollar near 2-year high after rate-cut bets fade, tariffs in focus
FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo 4 minutes The dollar hovered near its highest level in more than two years on Tuesday as traders scaled back bets on U.S. Rate cuts in 2025 after strong economic data, while investor…
