ReferIndia News Global Markets Tumble as Dollar Surges and Fed Speculations Rise

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Global Markets Tumble as Dollar Surges and Fed Speculations Rise

Published on: June 25, 2026, 3:01 a.m. | Source: Devdiscourse

Global equity markets saw significant downturns, with U.S. technology and energy sectors taking the hardest hits amid concerns over Federal Reserve rate hikes. The U.S. dollar surged to a one-year high, impacting major currencies, as investors predicted a tightening of monetary policy. Meanwhile, geopolitical tensions in Middle East influenced oil prices.

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