USD/INR Hits 94.85 as Fed Bets Rise
The USD/INR pair climbs to 94.85 as hawkish Fed bets override the relief from lower oil prices.
The USD/INR pair climbs to 94.85 as hawkish Fed bets override the relief from lower oil prices.
Gold consolidates near record highs as traders weigh a 60% probability of a December rate hike against geopolitical de-escalation.
Markets now price a 40% chance of a July hike. I break down how the Fed's split dot plot and raw data drive this aggressive shift.