The US dollar commenced trading on a stronger note, coinciding with Japan’s holiday observance. However, the announcement that the Justice Department issued grand jury subpoenas to the Federal Reserve on Friday regarding the renovations of the Fed’s headquarters unsettled the markets. Fed Chair Powell issued a concise statement rejecting the charges, asserting they were a Read More
U.S. Treasuries
In September, foreign holdings of U.S. Treasuries experienced a decline, as per reports, marking the first decrease in six months. The Treasury has at last published the capital flows data following the federal government’s 43-day shutdown. The Treasury announced that data for October will be released on December 18. In September, holdings of U.S. Treasuries Read More

