Currency Outlook: Dollar has Room to Fall More

[ad_1] The US Treasury yields, and the dollar index witnessed a sharp fall last week. The fall began after the outcome of the US Federal Reserve meeting on Wednesday. The Fed left the interest rates unchanged at 5.25-5.5 per cent....

Currency Outlook: Dollar Looks to Strengthen Further in the Short Term

[ad_1] The currency markets remained broadly stable last week. The dollar sustained higher and the US Treasury yields oscillated up and down around 4.2 per cent all through last week.  The euro remained lower and subdued. The Indian rupee attempted...

Government Securities Yields Soften as Fed Hints at Rate Cut

[ad_1] Yields of Government Securities (G-Secs) softened on Thursday, tracking the US Treasury yields which declined after indications that the Fed may go for three quarter points rate cut in 2024.Yield of the benchmark 10-year G-Sec has thawed about 2...

Gold Prices Hit Record High as Fed Maintains Rate Cut Projection

[ad_1] Gold prices climbed to a record high on Thursday, as the US dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.Lower interest rates decrease the opportunity cost of...

Crude oil dips as market turns cautious awaiting US Fed meeting outcome

[ad_1] Crude oil futures traded lower on Wednesday morning as the market remained cautious over the outcome of the US Federal Reserve meeting later in the day. At 9.52 a.m. on Wednesday, May Brent oil futures were at $87.25, down...