News Summary

• The u.s. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes.
• Investors are flocking to the dollar as a safe haven amid global market jitters.
• Markets are now pricing in a higher probability of interest rate increases in July and September, further bolstering the greenback's strength against major currencies like the euro and yen.
• These 6 private and public banking stocks have an upside of up to 26% in one year, according to analysts.