The greenback surged in the aftermath, with the Bloomberg dollar index jumping to a two-month high. Another benchmark from Intercontinental Exchange Inc. got to a level last seen in 2017. Hedge funds and speculators weren’t positioned for this, having gotten the least bullish on the dollar since June 2018 as of a week ago, the date of the most-recent government tally.
Traders in Asia are buying the greenback on expectations that a less-dovish Fed will keep the dollar a higher-yielding currency, said Rajeev De Mello, chief investment officer at Bank of Singapore Ltd. The stronger dollar will be “difficult” for emerging-market assets in the short-term, although central banks are still likely to cut rates if global growth slows, he said.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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