Here is what you need to know on Wednesday, May 6:Volatility in financial markets heighten midweek as investors react to latest headlines surrounding the conflict in the…

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.30 during the Asian…

The rupee closed at 95.28 against the US dollar Tuesday. Its slide past the psychologically significant level of 95/$ has already prompted the central bank to impose…

US President Donald Trump said that the US military will temporarily pause “Project Freedom” to restore freedom of navigation for commercial shipping through the Strait of Hormuz, the…

The Euro (EUR) trades on the front foot against the US Dollar (USD) on Tuesday as a mild pullback in Oil prices pushes US Treasury yields lower,…

The level of 94.50 will be a crucial resistance. Rupee has to breach this hurdle to get a breather | Photo Credit: Sibani Das The rupee has…

Rabobank’s Senior FX Strategist Jane Foley expects interest rate differentials to support an upward bias in EUR/USD in the second half of the year, but sees Euro…

USD/INR extends gains for the third successive day, trading around the fresh record high of 95.40, during the Asian hours on Tuesday. Traders will likely observe India’s…