Dollar’s rise pressures commodities amid Fed anxiety – Business Standard
Business Recorder |
Dollar's rise pressures commodities amid Fed anxiety
Business Standard The US dollar was riding high in Asia on Friday as incessant speculation about the outlook for US interest rates undermined commodity prices and unwound leveraged trades in higher-yielding currencies. Talk the Federal Reserve might take a hawkish turn at … Dollar gains from Fed risk, Japan stocks hit highs Asian shares mostly lower China stimulus hopes, dollar rise lift Asia stocks |
