USD/INR rises as renewed US Dollar demand drags Indian Rupee lower to near record low – FXStreet
The Indian rupee fell in early European trading on Monday. The strong US dollar is weighing on the Indian rupee, but periodic intervention by the central bank could limit the rupee's downside. Investors are awaiting the release of the December US Consumer Confidence Index later on Monday. The Indian rupee (INR) remained weak near record […]
USD/INR loses momentum on MSCI rebalancing and softer US Dollar – FXStreet
The Indian rupee gained momentum in early European trading on Monday. Inflows from MSCI's index rebalancing are expected to support INR, but portfolio outflows and a stronger US dollar may limit gains. The Chicago Fed National Activity Index and the Dallas Fed Manufacturing Business Index will be released later on Monday. The Indian rupee (INR) […]
USD/INR gathers strength as traders brace for US Retail Sales data – FXStreet
The Indian rupee weakened in early European trade on Thursday. Continued selling in domestic stocks by foreign portfolio investors has weighed on the Indian rupee. Thursday's US September retail sales figures will be a highlight. The Indian rupee (INR) traded slightly lower on Thursday due to the strength of the US dollar (USD). Heavy outflows […]
USD/INR holds ground as US Dollar appreciates due to risk-off mood – FXStreet
The Indian rupee faced challenges due to foreign exchange outflows due to increased risk aversion. India's annual inflation rate rose to a nine-month high of 5.49% in September, reducing the possibility of a Reserve Bank of India (RBI) rate cut. As India is the world's third-largest oil importer, the fall in crude oil prices may […]
USD/INR remains weak, Indian WPI Inflation rose to 1.84% YoY in September – FXStreet
The Indian rupee rose in early European trading on Monday. India's wholesale price index (WPI) inflation rate rose to 1.84% year-on-year in September from 1.31% in August, but slower than expected at 1.90%. Rising oil prices and sustained outflows from domestic stocks could weigh on the Indian rupee. RBI intervention may help contain losses. The […]
USD/INR drifts lower on improved risk appetite, softer US Dollar – FXStreet
The Indian rupee rose in the early morning session of European markets on Wednesday. Improving risk appetite and a weaker US Dollar support the Indian Rupee (INR). Investors are awaiting U.S. August new home sales on Wednesday and Federal Reserve Chairman Kugler's speech. The Indian Rupee (INR) edged higher on Wednesday. Improved risk appetite following […]
USD/INR strengthens as traders await Fed rate decision – FXStreet
The Indian rupee was trading lower in the early hours of the European market on Monday. A combination of lower crude oil prices, robust foreign capital inflows and strengthening Fed interest rate expectations is likely to limit INR depreciation. Investors are awaiting the release of India's trade balance and the US New York Empire State […]
USD/INR gains momentum as month-end US Dollar demand drags Indian Rupee lower – FXStreet
The Indian rupee came under selling pressure in early European markets on Wednesday. Weakness in Asian currencies and weakening demand for US Dollar at the end of the month will weigh on the INR. Investors are waiting to hear from Fed Governors Waller and Bostic on Wednesday for fresh impetus. The Indian Rupee (INR) extended […]
USD/INR extends rally, bolstered by US Dollar demand – FXStreet
The Indian rupee fell in the early morning session of European markets on Tuesday. End of month demand for US dollar and rising crude oil prices weighed on the Indian rupee. Traders are awaiting the release of the U.S. central bank's consumer confidence index for August ahead of key events scheduled for later this week. […]
USD/INR recovers ahead of India-US PMI data – FXStreet
The Indian rupee held firm on Thursday. Initial HSBC India PMI figures for May were mixed. Investors will be closely monitoring preliminary US PMI figures for May, due to be released on Thursday. The Indian Rupee (INR) recovered some lost ground on Thursday following mixed Indian Purchasing Managers’ Index (PMI) release. The HSBC Manufacturing PMI […]