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Fed Rate Hike Odds Bolster Dollar as Treasury Yields Surge

Moneycontrol Read original source (opens in a new tab)
The Story

News Summary

  • The Indian rupee rallied on massive fundraising inflows, bolstering RBI reserves amid rising Brent crude prices and U.S.-Iran tensions.
  • Meanwhile, surging U.S.
  • Treasury yields and rising expectations of a Federal Reserve interest rate hike continue to provide broad support to the U.S.
  • dollar.
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EURUSD price history

1.16 +0.00% over the displayed period

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