Lates News

Analyst Zaheer Anwari of Revacy Fund pointed out in a report that the high energy prices are supporting the prospects of US interest rate hikes, which in turn support the US dollar. The co-founder and CEO stated, "Persistent inflationary pressures are prompting the market to form expectations that interest rates will remain at high levels for the long term." LSEG data shows that the US currency market has fully absorbed the expectation of a 25 basis point rate hike by the Federal Reserve before March 2027, and the market believes there is a 62% probability of a rate hike before the end of 2026. He noted that the current fluctuations in the US dollar index and oil prices reflect the overall uncertainty in the global market.