Weekly Forex Roundup: USD Climbs Against EUR, CAD, AUD; Dips Slightly Against GBP
The US dollar gained by 1.58% this week versus the basket of six major currencies and fell down by -0.24% the previous week. Full Article
How is USD/INR Likely to Fare as India Brings the COVID-19 Crisis Under Control?
USD/INR is holding somewhat steady, undergoing a bit of a consolidation under the key 74.50 level before rising above it earlier in the day Full Article
Indian Rupee Weakens Amid Weaker GST – A Quick USD/INR Outlook!
The USD/INR was closed at $74.790 after placing a high of $74.815 and a low of $74.567. USD/INR extended its gains for the second Full Article
USD/INR Holds Above 74 Level as Indian Economic Outlook Clouded by Pandemic’s Second Wave
The USD/INR currency pair is exhibiting signs of slight weakness on Tuesday, but remains above the key 74 level as the strength in the USD Full Article
USD/INR Trades Above 74.00 Level: What’s Happening?
The USD/INR currency pair is exhibiting signs of bullishness on Tuesday, rising above the 74.00 level and extending its uptrend ever since Full Article
USD/INR Bullish For Fifth Consecutive Session: India’s CPI, FOMC in Focus
The Indian rupee is starting the fresh trading week on a bearish note, extending losses against the US dollar for the fifth consecutive Full Article
RBI Holds Monetary Policy, Rates Steady; Revises India’s Growth Outlook Lower
At its latest monetary policy meeting earlier today, India's central bank - the Reserve Bank of India (RBI), held its interest rates Full Article
USD/INR Ticks Higher After India’s Services Sector Contracts in May
The Indian rupee has weakened to above the 73 level against the US dollar following the release of a disappointing PMI report which reveals Full Article
India’s Q1 GDP Likely to Rise But Annual Outlook Weighed Down by Second Wave
A recent Reuters poll offers some hope that the Indian economy could have posted a faster recovery during the first three months of the year Full Article
Is India Planning Another Fiscal Stimulus Package Amid Second Wave?
According to a recent report on Bloomberg, leading emerging economy India is considering the rollout of more fiscal stimulus measures Full Article
Can We See USD/INR’s Bearish Moves Gain Strength Soon?
The Indian rupee is trading cautious against the US dollar as the COVID-19 crisis in India continues to wreak havoc on its economy, with Full Article
India’s Services Activity Drops to Three-Month Low Amid Second Wave
India's services sector saw the pace of expansion reducing to the lowest level seen since three months during April amid the ongoing second Full Article
USD/INR Dips on Possible Peaking of Cases in Mumbai, Delhi
Fundamentals are going to dictate moves in USD/INR in the near term - India's handling of the COVID-19 wave and the Fed's decision this week Full Article
USD/INR to Trade Bullish in the Near-Term as India’s COVID-19 Cases Surge
Early on Friday, the USD/INR is trading somewhat steady around the 75 level, with the Indian rupee receiving no respite at the country posts Full Article
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