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FOREX-Dollar Hovers Near 3-Week High Before Fed; Bitcoin Tops $106,000

December 16, 2024, 08.14 PM | Source: Reuters

ILUSTRASI. The U.S. dollar hovered close to a three-week high versus other major currencies on Monday, ahead of a week of central bank meetings in which markets expect the Federal Reserve to cut interest rates. REUTERS/Dado Ruvic/Illustration

FOREX - TOKYO/GDANSK. The U.S. dollar hovered close to a three-week high versus other major currencies on Monday, ahead of a week of central bank meetings in which markets expect the Federal Reserve to cut interest rates but signal a measured pace of easing for 2025.

Bitcoin soared above $106,000 for the first time, buoyed by signs President-elect Donald Trump will go ahead with a potential strategic bitcoin reserve.

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