The Reserve Bank of India net sold $3.6 billion in June, likely to contain excess depreciation of the Indian rupee. The local currency closed at 85.47 per…

The rupee depreciated 18 paise to 87.76 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and month-end dollar demand.Forex…

The Indian rupee had lost 0.2% on the month in June, underperforming other Asian peers amid a broad dollar downtrend.  The Reserve Bank of India sold a…

The Reserve Bank of India sold a net of $3.66 billion in the spot foreign exchange market in June, data released late on Thursday as part of…

The Japanese Yen strengthens, dragging USD/JPY below the 147.00 psychological level.The US Dollar is pressured by concerns over Fed independence and a dovish monetary policy outlook, overshadowing…

XAU/USD rallies 0.43% as US Dollar weakens and US yields fall, lifting Gold to $3,413 peak.Solid GDP growth and lower jobless claims highlight US economic resilience, but…

The Dow Jones struggled to find momentum in either direction on Thursday.Nvidia posted strong revenue figures, but a lack of China chip sales stunted AI bidders.A fresh…

The US Dollar (USD) extended further its weekly correction as jitters surrounding the Fed’s independence remained unabated, while tariff uncertainty and the increasing likelihood of a rate…