U.S. dollar indexes settled in on Tuesday amid widespread investor anticipation of inflation and personal consumption expenditure data, which is the Federal Reserve's preferred benchmark for determining the pace of interest rate cuts.
Any signs of slowing inflation could prompt the Fed to continue easing monetary policy, economists say, directly reflecting on the exchange rates of major currencies such as the euro, the pound sterling and dollar-linked Arab currencies.
تأثير حركة الدولار على الأسواق العربية
Central banks in the Middle East continue to keep pace with US interest rate movements to keep local currencies and capital flows stable.