Barring the risky transfer for a while after the US Federal Reserve assembly on Wednesday, the greenback index broadly remained steady in a variety final week. The Fed lowered the rate of interest by 50 foundation factors (bps) final week to 4.75-5 per cent. The financial projection launched on this assembly has stored the probabilities open … Read more
The greenback index recovered final week after having crushed down badly because the starting of August. The index touched a low of 100.51 initially after which bounced again properly, recovering all of the loss. Knowledge launched on Friday confirmed that the US Private Consumption Expenditure (PCE), the Federal Reserve’s inflation gauge inched up in August. The … Read more
The US Treasury yields have been knocked down badly final week. The primary set off for the autumn got here from the US Federal Reserve on Wednesday. The Fed stored the charges unchanged as anticipated. Nevertheless, the central financial institution hinted {that a} charge minimize is feasible in its September assembly. This dragged the US … Read more
The greenback index fell beneath 104 final week according to our expectation. The index made a low of 103.65 after which bounced again in the direction of the top of the week. The restoration within the greenback index got here majorly after the European Central Financial institution (ECB) assembly consequence on Thursday. The ECB left … Read more
The US Treasury yields, and the greenback index witnessed a pointy fall final week. The autumn started after the result of the US Federal Reserve assembly on Wednesday. The Fed left the rates of interest unchanged at 5.25-5.5 per cent. The central financial institution indicated that the charges will stay increased for extra time because … Read more
The foreign money markets remained broadly steady final week. The greenback sustained larger and the US Treasury yields oscillated up and down round 4.2 per cent all via final week. The euro remained decrease and subdued. The Indian rupee tried to recuperate however appears to lack power. The US Private Consumption Expenditure (PCE), the Federal … Read more
The US greenback index and the Treasury yields remained subdued within the first half of the week. Barring a pointy fall within the yields, the end result of the US Federal Reserve assembly on Wednesday didn’t have a serious impression on the inexperienced again. The Fed left the rates of interest modified in keeping with … Read more
The US Treasury yields, and the greenback index have been crushed down badly final week. The result of the US Federal Reserve assembly on Wednesday triggered a pointy fall in each the yields and the buck. The US Fed left the rates of interest unchanged at 5.25-5.5 per cent consistent with the market expectation. Nonetheless, … Read more