While a surge in US bond yields has exerted upward pressure on OIS rates over the past month, market participants said that the heightened degree of vigilance about inflation expressed by the RBI on Friday had given traders reason to consider the possibility of more domestic monetary tightening.
US dollar makes weekly gains on renewed trade deal optimism
The dollar is poised for a weekly gain against major currencies amid optimism surrounding potential U.S.-China trade talks, fueled by a recent U.S.-UK trade agreement.
May 10, 2025