Stocks Set to Rise as Traders Bet on Fed Rate Hold and Strong Dollar
• European stocks set to rise on weak euro and dollar strength • Traders scale back bets on Fed rate cuts due to resilient economy and inflation • Dollar at 5-month high versus major currencies on interest rate differential • ECB signals likely rate cut in June, diverging from hawkish Fed policy • Oil prices climb on geopolitical tensions after Iran threatens retaliation over suspected Israeli strike