Fixed Income And Currency Market

20 Dec 2021

USD trades higher as Omicron spreads amid rate-hike talk

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USD ended the week higher amid talk of interest rate hikes by central banks and concerns about the spread of Omicron cases. Key central banks have adopted different policies as uncertainty about the omicron COVID-19 variant’s impact on economic recovery remains. The Bank of England (BOE), and the European Central Bank (ECB) adopt a hawkish stance.

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Ketan Verma
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