Fixed Income And Currency Market

11 Jul 2021

USD falls after mixed FOMC minutes-Weekly Currency Analysis

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USD fell last week amid mixed messages in the FOMC minutes. The benchmark 10-year Treasury yield fell by 7 bps to fresh 4 month lows. INR ended the week marginally higher snapping a 6-weeks losing run despite being under pressure throughout the week amid the release of weak economic data and surging oil prices.

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Ketan Verma
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