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The U.S. dollar surged to multi-decade highs against major currencies, driven by expectations of prolonged high interest rates.
The U.S. dollar rose against most major currencies on Monday, fueled by expectations the Federal Reserve will keep interest rates higher for longer than other central banks.
The dollar hit 155.23 against the yen, near multi-decade highs, and gained against the euro, pound, Swiss franc, and Canadian dollar.
The Australian and New Zealand dollars fell the most, dropping 0.66% and 0.42% respectively, as global markets priced in sustained U.S. monetary tightening.
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El dólar estadounidense se disparó a máximos de varias décadas frente a las principales monedas, impulsado por las expectativas de tasas de interés altas prolongadas.