Economy · Full coverage
Dollar Steady Near 3.05 Shekels as Global Markets Await Key Interest Rate Decisions
How 1 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 1 day ago
What happened
The US dollar trades steadily near 3.05 shekels amid calm local and global forex markets, as investors await key interest rate decisions from the Federal Reserve and European Central Bank next week. Inflation data from New Zealand showed a slight rise above expectations, while market forecasts suggest the Fed will hold rates steady in the short term but hike later this year.
- 01The US dollar trades around 3.05 shekels, euro above 3.48 shekels amid market calm.
- 02US Dollar Index stable at 110.0 points; euro near 1.14 dollars, pound above 1.34 dollars.
- 03Markets await Federal Reserve rate decision next Wednesday and inflation data from UK and Japan.
- 04New Zealand inflation rose 1.5% quarterly and 4.1% annually, slightly above forecasts.
- 05ECB expected to hold rates steady Thursday, with 78% chance of hike in September.
- 06US two-year Treasury yield rose to 4.20%, reflecting expectations of future Fed hikes.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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