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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Fed policymakers

Dollar slides to multi-month lows as Fed rate hike fears fade
Markets

Dollar slides to multi-month lows as Fed rate hike fears fade

  • US Treasury yields stalled as market participants grew increasingly confident that the Federal Reserve will hold off on hiking interest rates for the time being, despite worrisome near-term inflation spikes.
  • "That's going to be bearish for the dollar. You'll eventually see commodity-based currencies outperforming," Moya added.
Published 18 May, 2021 08:41pm