Published on 14/07/2017 11:26:01 AM | Source: IIFL Ltd

US dollar will hinge on the legishlative developments - IIFL

Posted in Currency Report | #IIFL #Currency Tips


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US dollar will hinge on the legishlative developments, where Republicans are endeavouring to replace Obamacare with a new healthcare boll. Meanwhile, Yen will drive cues from the BOJ policy meeting next week, where the central bank is expected to upgrade its economic growth forecasts but trim inflation projections . In the emerging markets, Brazilian Real remained on the defensive in light of simmering political tensions. In thus regard, erstwhile Brazilian President Lula da Silva has been sentenced yo 10 years in prison on corruption charges.

 

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