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Fixed Income And Currency Market
18 Oct 2015
USD Volatility to Continue in Coming Weeks
USD last week was volatile on rising uncertainty over Fed rate hike this year, in the midst of mixed U.S. economic data. USD Index (DXY), which tracks the movement of the USD against six major currencies, weakened by 0.29% on weekly basis and closed at levels of 94.54.
Ketan Verma
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