The Afternoon Update with Lynlee Foo

Money in the Market: Why is the US dollar rebounding amid US debt ceiling talks?


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The US dollar has rebounded amid US debt ceiling talks.

But what could trigger the greenback to decline again?

Analysts say there are a number of factors behind the dollar's recent strength, including concerns about US inflation and safe-haven buying.

These concerns are driven by fears about the debt ceiling standoff and global economic growth, as well as more hawkish rhetoric from Fed officials.

On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova to find out more. 

See omnystudio.com/listener for privacy information.

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The Afternoon Update with Lynlee FooBy MONEY FM 89.3


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