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Market move● Neutral for Indian equities
Dollar hits 16-month high on Euro and Swiss Franc as US yields top 5%
The brief
- The dollar reached 16-month highs against the euro and Swiss franc
- US Treasury yields topped 5% as investors watched for Fed rate clues
- Fed's Williams sees no urgency for next Fed rate hike
- Fed's Williams sees a possible rate hike later in 2026, with no rush to act
- Euro Falls to 16-Month Low as Hawkish Fed Bets Boost Dollar
- Dollar holds near two-month high as yields rise ahead of US data
- Gold rises but strong Fed hike bets keep it near seven week-low