Dollar steady at August high on US rates view, election

The U.S. dollar remains strong, supported by rising Treasury yields and Fed rate cut expectations, amid a tight upcoming election. Analysts predict 25 basis points rate cuts in November and December. Trump’s potential win adds uncertainty, while Japan’s election on Oct. 27 draws attention with optimism for the ruling LDP and coalition partners. The U.S. dollar remains strong, supported by rising Treasury yields and Fed rate cut expectations, amid a tight upcoming election. Analysts predict 25 basis points rate cuts in November and December. Trump’s potential win adds uncertainty, while Japan’s election on Oct. 27 draws attention with optimism for the ruling LDP and coalition partners.  Economic Times