Indian rupee hits record low, USD/INR nears 97 amid oil price shock

Indian rupee hits record low, USD/INR nears 97 amid oil price shock
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Indian rupee hits record low, USD/INR nears 97 amid oil price shock
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I live in Florida, not far from a U.S. Air … The post 3 Stocks for the Future of Warfare appeared first on Market Traders Daily. Source link
Gold has long served as a safe haven in turbulent markets, but now, a new force is influencing its future—gold supply constraints. These constraints are increasingly driven by ESG mining standards and the climate change impact on gold mining. As the push for sustainability grows stronger, mining operations face tougher scrutiny, potentially curbing production and…
We do not expect the Trump-Xi meeting on May 14-15 to lead to major breakthroughs in US-China relations. We expect near-term financial market impact to remain limited. Trump does not have the incentives nor the means to ramp up the pressure on China with focus remaining on the war in Iran and earlier court ruling…
Epic Fury is still the focus and the implications are that a long war with boots on the ground will be endless and energy prices will strangle the world economy. But it probably won’t run that way. There is another government working in Iran that let 10 tankers through the Strait of Hormuz. In addition,…
Yen accelerated higher in US session as the selloff in NASDAQ intensified. Profit-taking in heavyweight technology and semiconductor names deepened concerns that valuations in the AI space may have run too far, too fast. The move fueled risk aversion and sparked a flight to traditional safe havens, leaving commodity currencies under heavy pressure. Kiwi and…
The EUR/USD outlook remains mildly supported amid a weaker dollar. The Dollar Index remains steady after losses as the US yields rise on Tuesday. Markets anticipate the US ADP and IS Services PMI data due this week. The EUR/USD price remains flat near 1.1610 on Tuesday’s European session, after reaching a 2-week top near 1.1650…