Market
News
Dollar set for weekly fall as central banks turn hawkish - REUTERS
MARCH
20,
2026
Summary
- Middle East conflict makes central banks cautious
- Euro, yen, sterling gain against dollar as energy prices rise
- Fed not expected to raise rate this year
LONDON, March 20 (Reuters) - The dollar slipped from multi-month highs this week as soaring energy prices transformed the outlook for global interest rates, leaving the U.S. Federal Reserve the only major central bank that is not expected to raise rates this year.