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Asia

Dollar steadies as Fed holds rates, US strikes Iran

Markets-Economic Times · 2h ago · 🇮🇳 India

Dollar steadies as Fed holds rates, US strikes Iran

The US dollar strengthened in Asian trading after the Federal Reserve maintained its interest rate. Geopolitical developments, including air strikes in Iran, also supported the greenback's value. Other currencies like the British pound and euro experienced slight declines against the dollar. Treasury bond yields saw a significant increase following the Federal Reserve's policy decision. Bitcoin and ether prices showed modest gains in the cryptocurrency market.

Read the full story at Markets-Economic Times →

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