Fixed Income And Currency Market
12 Dec 2021
USD exihibited high volatility during the week amid increased restrictions in parts of the world to contain the spread of COVID-19, including the new Omicron variant, which tempered investors' appetite for riskier currencies. However, with Omicron concerns easing and inflation at a multi-decade high level, the Fed and the timing of the first-rate hike is back in focus.
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