iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Currency Buzz: Spike In Yields Lift Dollar Ahead Of Fed Meeting

19 Jan 2022 , 08:51 AM

Spiking US treasury yields has lifted the dollar with all focus next weeks meeting of the U.S. Federal Reserve, which is highly anticipated to signal a rate hike in March for the first time in more than three years. The dollar index stayed firm in early Asian trades, after posting its best daily gain in two weeks in the previous session and rising to a one-week high against a basket of currencies on Wednesday. The dollar index, that tracks the greenback against a basket of currencies was seen quoting at 95.76, following a decline to 94.63 last week. The U.S. 10-year yield hit a two-year peak of 1.88% overnight.

Powered by Commodity Insights

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities 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
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.