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Market move● Neutral for Indian equities
Dollar set for weekly gains as Treasury yields rise and Fed rate-hike bets build
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Dollar gains as US yields and rate bets rise
A firm dollar and rising US Treasury yields, supported by strong manufacturing data and expectations of further rate increases, pressured other currencies. The Indonesian rupiah was on track for its steepest weekly fall since May.
Friday, 25 September
- Dollar set for weekly gains as Treasury yields rise and Fed rate-hike bets build