Dollar near two-week high as oil surge lifts yields, Fed hike bets
· economictimes.indiatimes.com
Strengthening towards a two-week high, the dollar gained ground as oil prices jumped and Treasury yields rose. With a significant rate hike from the Federal Reserve looming this week, market sentiment turned cautious. Stock markets experienced declines, dampening risk appetite and bolstering the dollars ascent. The surge in oil prices was driven by conflict in Saudi Arabia and delays in Gulf-Iran discussions.
Live Events
RATE HIKES AWAITED
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
(Y...