Zaman: USD Near-Term Driven by Fed, Hormuz Risks
Mounting inflation concerns have driven global bond yields higher, prompting investors to reassess valuations after a record-breaking rally in stocks. USD was at its highest level in six weeks with no sign of easing in the Iran conflict. Mahjabeen Zaman, Head of FX Research at ANZ spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the currency moves. (Source: Bloomberg)
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