Skip to main content

datastreet.in

Dollar poised for largest weekly rise in two months as Fed hike bets increase

Dollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expectations for a Federal Reserve rate hike. Meanwhile, cautious optimism surrounds U.S.-China talks, with leaders discussing trade and the Strait of Hormuz. The yen and euro weakened against the strong dollar.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *