The dollar index continues to stay subdued awaiting further cues from the upcoming Fed speech later in the global day that would be closely evaluated. The dollar index that measures the greenback against a basket of currencies dropped to 106.64 from a 20-year high of 114.78 on September 28 as investors look toward the U.S. central bank reaching a peak rate early next year with inflation pressures expected to subside. Besides, safe haven demand for the greenback eased amid increasing optimism for a loosening of Chinas COVID restrictions. EUR/USD is also staying supported above parity at $1.03 amid waning dollar strength. Powered by Commodity Insights
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.