Dollar Rises After Fed Minutes Show Caution Over Rate Cuts

Core Viewpoint - The dollar increased to its highest level in over a week against a basket of currencies due to the Federal Reserve minutes indicating officials' reluctance to support further rate cuts in the near future [1] Group 1 - The dollar's rise reflects market reactions to the Federal Reserve's stance on interest rates [1] - The Fed minutes suggest a cautious approach towards monetary policy adjustments, impacting currency valuations [1]