Published 20:12 IST, January 16th 2024
Dollar advances as traders weigh rate-cut bets, Red Sea tensions
Market expectations for a substantial 145 basis point cut to the ECB's deposit rate this year.
![Dollar hits three-month low](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/photo-1583916011819-e4b81836bb57-170116799726216_9.webp)
Dollar hits three-month low | Image:
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20:12 IST, January 16th 2024