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The U.S. dollar strengthened significantly ahead of an anticipated Federal Reserve rate hike amid rising energy prices and ongoing inflationary pressures, while market attention remained on U.S.-China summit discussions regarding economic cooperation and stability in the Middle East. #DollarStrength #Inflation #FederalReserve #US #CN #IR #JP #EU #GB #AU #NZ

Dollar poised for largest weekly rise in two months as Fed hike bets increase