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Forex

Dollar Strengthens as Fed Holds Steady Amid Geopolitical Tensions

Guavy AI Editorial Team
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USD
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The US dollar strengthened on Thursday, July 30, 2026, as the Federal Reserve kept benchmark interest rates steady at 3.50% to 3.75%. This decision led to a broad gain in the dollar against major global currencies.

Foreign exchange market data from Yahoo Finance and FXStreet showed that demand for safe-haven US dollar holdings increased due to ongoing geopolitical instability in the Middle East and the hawkish pause by the Fed.

The Euro dropped towards 1.1465 against the dollar during early Asian trading sessions, nearing recent consolidation lows as investors digested the central bank decision.

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