Fixed Income And Currency Market

18 Oct 2015

USD Volatility to Continue in Coming Weeks

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USD last week was volatile on rising uncertainty over Fed rate hike this year, in the midst of mixed U.S. economic data. USD Index (DXY), which tracks the movement of the USD against six major currencies, weakened by 0.29% on weekly basis and closed at levels of 94.54.

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Ketan Verma
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