India, Nov. 2 -- The U.S. Dollar firmed up during the week ended October 30 amidst hawkish monetary policy signals from the Fed, a rise in PCE-based inflation readings, solid U.S. economic growth update, as well as persisting safe haven demand.
During the past week, the U.S. dollar inter alia rallied against the euro, the Australian dollar, the Japanese yen, and the Swiss franc. It however declined against the British pound, the Swedish krona as well as the Canadian dollar. The 6-currency Dollar Index edged up over the course of the week. Here is a quick recap of the dollar's trajectory during the week ended October 30.
During the week, the Dollar Index (DXY), a measure of the Dollar's strength against a basket of 6 currencies traded betw...