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State-run banks were spotted offering dollars, most likely on behalf of the RBI. | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India likely stepped into the…
The rupee depreciated 13 paise to close at 95.74 against the US dollar on Tuesday. | Photo Credit: istock.com The rupee rose marginally by 1 paisa to…
The EUR/JPY cross trades in negative territory around 184.60 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges higher against the Euro (EUR)…
The Indian rupee is poised to open weaker on Wednesday, as a deteriorating risk backdrop and high oil prices reinforce the currency’s underlying negative near-term bias.The rupee…
The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve’s…
The Aussie Dollar reversed its course against the Greenback on Tuesday as investors remain uncertain of the outcome of the Middle East conflict, which tends to push…
AUD/USD trades just below 0.7100 on Tuesday, a touch lower for the day and sliding from the two-month highs reached on Monday. The pair opened with a…
Chris Turner at ING describes EUR/USD as contained after a rally stalled just above 1.16, with investors cautious due to high natural gas prices and upcoming FOMC…