The rupee closed 78 paisa stronger from its previous close at 85.97 per dollar – its biggest single-day rise in a month, as oil prices fell to…

Intraday, the Indian unit tested a high/low of 85.9125/86.2625 per dollar. | Photo Credit: REUTERS The rupee posted its biggest single-day gain in a month on Tuesday,…

Federal Reserve (Fed) Chairman Jerome Powell testifies about the Semi-Annual Monetary Policy Report before the House Financial Services Committee.Powell testimony key takeaways”US not in recession.””Many paths are…

The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East…

The rupee recovered from record low level and closed with a steep gain of 75 paise at 86.03 (provisional) against the US dollar as global crude oil…

The National Bank of Hungary is likely to leave rates unchanged today at 6.50% in line with market expectations, ING’s FX analyst Frantisek Taborsky notes. Weakness in…

A relief rally is boosting the Euro and crushing the safe-haven US Dollar.A sharp decline in Oil prices is giving additional support to the common currency.EUR/USD has…

| Photo Credit: Atstock Productions The ongoing geopolitical tensions are unlikely to put a “significant pressure” on the rupee or inflation as global energy prices are lower…