Fixed Income And Currency Market

10 Jul 2023

USD falls after strong Fed-inspired gains

linkedIn Logo twitter logo

The USD weakened as US non-farm payroll fell short of expectations, while the unemployment rate decreased as predicted. INR faced pressure due to concerns about prolonged interest rate hikes. Oil prices rose on production cuts and positive US economic data.

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