Karvy's research report on currencyUSDINRUS dollar index is trading at 101.16,remained close to the 101 .00 mark for most of the trading session yesterday .Weaker than expected pending home sales data made the dollar drop lower but a hawkish speech from FOMC voting member Kaplan gave a spring board to the US dollar . Markets would be focusing on Trump speech later in the day where he is expected to announce his infrastructure spending plans and an expansive fiscal policy could give the US dollar its required boost .Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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