US dollar firms on renewed inflation risks; market pares back rate-cut outlook
By Gertrude Chavez-Dreyfuss and Niket Nishant NEW YORK/LONDON, – The US dollar logged sharp gains on Tuesday, hitting multi-month peaks against the euro, sterling and yen as tensions in the Middle East fueled expectations of prolonged global inflation and triggered broad demand for safe‑haven assets. But as US equities cut their losses in the afternoon…

