The U.S. dollar weakened after President Trump removed Fed Governor Lisa Cook, citing mortgage fraud allegations, raising concerns about the Fed’s independence. This move intensified worries about political influence on monetary policy, impacting Treasury yields. Other currencies like the euro and yuan saw gains amidst political developments and stock market rallies.
Adani Energy slips over 3% despite Q4 net profit rising 6%
Adani Energy Solutions shares fell despite steady Q4 performance. The company posted a 6% YoY rise in net profit to Rs 684 crore and a