The dollar experienced volatility following a disappointing U.S. jobs report and President Trump’s controversial actions, including the dismissal of a labor official. These events fueled speculation of imminent Federal Reserve rate cuts, impacting Treasury yields and currency valuations. While the dollar recovered slightly against the yen, markets anticipate a more dovish stance from the Fed in the coming months.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII