"Dollar Soars on Strong U.S. Data and Fed Speculation, Hits Two-Week High"

The U.S. dollar reached a two-week high, tracking a rise in U.S. Treasury yields, as investors reassessed expectations for interest rate cuts in 2024. The dollar's strength came despite a contraction in the U.S. manufacturing sector and a decrease in job openings in November. Investors are awaiting the Federal Reserve's December meeting minutes for further direction. Meanwhile, the euro fell against the dollar, and Bitcoin's value dropped after a recent surge. Market sentiment was also affected by geopolitical tensions following the killing of a Hamas deputy leader in Beirut.