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

Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen ...