Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure

The U.S. dollar remained strong as investors anticipated gradual interest rate cuts and monitored the presidential election. The yen weakened, reaching a three-month low. Treasury yields increased with the benchmark 10-year note hitting its highest since July. Investors are also considering the upcoming general election in Japan and its potential impact on monetary policy. The U.S. dollar remained strong as investors anticipated gradual interest rate cuts and monitored the presidential election. The yen weakened, reaching a three-month low. Treasury yields increased with the benchmark 10-year note hitting its highest since July. Investors are also considering the upcoming general election in Japan and its potential impact on monetary policy.  Economic Times