Followers

Sunday, October 15, 2023

Dollar buoyed by safe-haven bids, rate jitters

The dollar strengthened as tensions in the Middle East increased and investors awaited a speech by Federal Reserve Chair Jerome Powell for insight into the US central bank's rate outlook. The Israeli shekel fell to an eight-year low against the dollar after Prime Minister Benjamin Netanyahu vowed to "demolish Hamas".

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sFTOzNG

No comments:

Post a Comment

AI boom drives global VC funding to record $300bn

Global venture funding surged to a record $300 billion in Q1, largely propelled by AI deals, with four companies securing a significant port...