The dollar was firm on Tuesday leading in to the release of U.S. inflation data and the final Federal Reserve meeting of the year, with investors waiting to update interest rate outlooks. A month ago, a small surprise to the downside unleashed a wave of bond-buying and dollar selling on the expectation that inflation had … Read more
The dollar languished on Friday after U.S. inflation data came in cooler than expected, raising market hopes that inflation may have peaked and that the Federal Reserve will begin scaling back its hefty interest rate increases. Figures showed that the consumer price index rose 7.7% year-on-year in October, the smallest gain since January and below … Read more
Mumbai: The benchmark bond yield spiked Monday to nearly a three-and-a-half year high, just ahead of the Reserve ‘s bi-monthly policy announcement. Traders are apprehensive of the quantum of rate hike the Monetary Policy Committee is set to deliver on Wednesday. The benchmark bond yielded 7.50%, the highest level since January 11, 2019, show Bloomberg … Read more