Fixed Income And Currency Market

31 Jul 2022

USD falls as the Fed hikes rates by 75 bps

linkedIn Logo twitter logo

USD fell across the board after the Federal Reserve raised interest rates by 75 bps, as expected, for the second straight meeting. INR is capitalizing on the weaker USD as it continues to rise from all-time low levels.

author dp
Ketan Verma
You need to Sign In to view details.


Information herein is believed to be reliable but Arjun Parthasarathy Editor: does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author(s) of the content published in the site may or may not have investments in the assets discussed in the pages/posts.

Copyright © by Arjun Parthasarathy 2019-2024