Fixed Income And Currency Market

10 Jan 2022

Fed tightening intact despite weak jobs report

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USD ended marginally higher last week after hawkish minutes from the Fed's Dec meeting, released on Thursday, firmed up the expectations that the US central bank could raise interest rates at a faster pace this year. INR ended the week marginally higher after gaining sharply on Friday as USD exihibited broad weakness.

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Ketan Verma
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