USD/INR: Interim trade deal caps near-term INR gains – MUFG
MUFG’s Michael Wan views the detailed US–India interim trade deal, including tariff cuts and exemptions, as positive for India’s external position. He sees scope for USD/INR to briefly break below…
Read More »Indian Rupee bounces after three-day slide as Stocks surge and Oil eases
The Indian Rupee (INR) snaps its three-day losing run against the US Dollar (USD) on Friday, recovering modestly after hitting a three-month low the previous day.
Read More »USD/INR holds steady ahead of US Fed rate decision
The Indian Rupee (INR) trades on a flat note on Wednesday after climbing to a month-high of 83.75 in the previous session.
Read More »USD/INR edges lower ahead of Indian CPI data
Indian Rupee (INR) posts modest gains on Friday amid strong selling interest in the US Dollar (USD) and light demand from importers.
Read More »USD/INR loses its recovery momentum, eyes on Fedspeak, RBI rate decision
Indian Rupee (INR) snaps a three-day losing streak on Wednesday on the corrective move in the US Dollar (USD) and a downtick in US Treasury yields.
Read More »USD/INR gains upward traction, all eyes on Fed rate decision
Indian Rupee (INR) trades on a softer note on Wednesday. The recovery of the pair is bolstered by safe-haven flow as traders prefer to wait on the sidelines ahead of…
Read More »USD/INR Price News: Indian rupee bursts to 61.8% golden ratio target, 74.00 eyed
As per yesterday’s analysis, USD/INR Price News: Indian rupee pressured in Wyckoff methodology, bulls target 61.8% golden ratio, the Indian rupee char
Read More »Indian Rupee Gains, Nifty 50 Weakens on RBI Rate Hold. USD/INR Eyeing Support
The Indian Rupee rose as the Nifty 50 slightly fell after the RBI left benchmark rates unchanged despite recent weakening inflation and a massive fiscal spending plan. Will USD/INR bounce?
Read More »Indian Rupee, Nifty 50 Await RBI as USD/INR Downtrend Steadies
After being postponed, the Indian Rupee and Nifty 50 are awaiting the Reserve Bank of India later today. This is as USD/INR seems to be transitioning into a consolidative state.
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