Shares Rally but Dollar Weakens with Fed Independence Seen Under Threat
10 Articles
10 Articles

Shares rally but dollar weakens with Fed independence seen under threat
SINGAPORE: Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts. © New Straits Times Press (M) Bhd
Amid weakening dollar, buy Asian currencies for long-term standpoint: Jefferies - ChiniMandi
New Delhi [India]: Citing recent signs of weakness in the US dollar and other concerning trends in the American economy, global investment firm Jefferies advises investors to prefer Asian currencies over the US dollar. In its latest report, Jefferies said that the US dollar index hit a new 2025 low of 97.8. This marks a continuing bearish trend for the currency from a long-term perspective. As a result, Jefferies recommends investors own Asian c…
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