The European unit resumes its rally above 1.14 levels after brief pause over the weekend amid a surge in the dollar overseas. The dollar jumped on Friday as investors braced for Januarys U.S. Federal Reserve meeting and raised bets it will chart a year ahead containing several rate hikes. However, dollar turned weak after news of a Chinese interest rate cut supported risk assets. The dollar index, that tracks the greenback against a basket of currencies was seen quoting at 95.07. Meanwhile, EUR/USD pair is seen bouncing higher at 1.431.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
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.
