Fixed Income And Currency Market

14 Mar 2022

USD trades higher ahead Fed FOMC

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USD ended the week higher following the release of US inflation data. The data showed that the cost of living in the US jumped to a fresh 40 year high of 7.9%. This was up from 7.5% recorded in January. INR edges lower as near tern inflation expectations eased, however, this is likely to be short-lived.

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Ketan Verma
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