A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation concerns and bolster expectations that the Federal Reserve may need to keep policy tight.
A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation concerns and bolster expectations that the Federal Reserve may need to keep policy tight.