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Dollar climbs to 13-month high on Fed hike bets, safe-haven bid - REUTERS

JUNE 24, 2026

  • Summary
  • Fed rate hike bets build, support dollar
  • Fed's Goolsbee says he is focused on inflation
  • Dollar flat against yen as markets watch for intervention

NEW YORK, June 23 (Reuters) - The U.S. dollar ascended to its highest level in more than a year on Tuesday as markets adjusted expectations for a more hawkish stance from the Federal Reserve, while a selloff in megacap stocks also buttressed the greenback.

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