RBI supports rupee ahead of policy decision, traders say

RBI supports rupee ahead of policy decision, traders say
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RBI supports rupee ahead of policy decision, traders say
Source link
GBP/USD –21.02.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
The BOC shared that the economy is seeing a cooling labour market. Will July’s employment numbers support the central bank’s dovish estimates? Source link
Fundamental Overview Yesterday, the USD got a boost from a higher than expected US CPI report but gave back the gains pretty quickly. There are two reasons for such a reaction. The first is that at the same time of the US CPI release we got the US Jobless Claims figures which jumped to the…
USDJPY spiked to new multi-month high on Thursday, after Bank of Japan kept interest rates unchanged in today’s policy meeting, adding to positive signals for dollar from Fed’s hawkish rate cut on Wednesday. Although BoJ’s decision did not surprise (markets widely expected unchanged rates at 0.15%) the central bank pointed to cautious approach to the…
Trump’s clean sweep saw a significant rise in the US Dollar and Yields. Can it continue? Data in focus next week, US CPI data is due with potential implications for Federal Reserve policy and interest rate decisions. US Dollar Index (DXY) breaks above key level of 105.00. Where to next for the Greenback? Read More:…
On Friday, the US stock markets continued their active decline, hitting the lowest levels in the past seven months amid fears of global stagflation. By the end of Friday, the Dow Jones Index (US30) fell by 1.73% (down -1.39% for the week). The S&P 500 Index (US500) declined by 1.67% (down -3.13% for the week)….