Current Financial Landscape Has Multiple Levels To Consider

🌐Global Macro Landscape

The U.S. dollar’s safe-haven appeal continues to weaken due to Fed policy uncertainty, fiscal/trade risks, and recession fears. The dollar index (.DXY) has fallen nearly 9% since Trump’s return to office. Over 55% of FX strategists now express concerns about the dollar’s status as a safe-haven asset.

U.S. 10-year Treasury yields rose to ~4.37% (highest in two weeks) ahead of the Fed’s policy decision. Trade tensions and economic warnings overshadowed strong U.S. services data (ISM expansion).

Oil prices plunged amid OPEC+ plans to accelerate output hikes, benefiting energy importers like India. USD/INR faces bearish signals, with targets at 83.65 and 83.02.