S&P 500 Inches Closer to Exiting Bear Market as Tech Rally Hints at Broader Recovery
In a promising turn of events, the S&P 500 is edging closer to exiting its longest bear-market run since 1948,…
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Dollar Surges Following Surprising Boost in May Payrolls
In a surprising turn of events, the U.S. dollar experienced a significant rise on Friday after the release of May’s…
Currency Market Update: USDINR Downward Bias, GBPINR Upward Momentum, and EURINR Range-bound
USDINR has a downward bias, GBPINR displays upward momentum, and EURINR remains range-bound in the currency market. Date: June 02,…
India’s Economic Growth Outlook: Manufacturing and Exports Surge, Fueling Growth Prospects
In recent years, India has witnessed a remarkable transformation in its economic landscape. With a series of policy reforms and…
Foreign Currency Exchange Rates Update: USDINR, GBPINR, EURINR, and JPYINR Show Range-Bound Bias
Get ready to dive into the dynamic world of foreign currency exchange rates! Today, we bring you exciting insights into…
China’s Growth Disappoints, Global Markets Falter- CurrencyVeda Analysis
China’s Underwhelming Growth Rattles Global Markets; Calls for Stimulus Measures Grow – CurrencyVeda Analysis. Sluggish recovery, weakening yuan, and lopsided…
Uncertainties Loom Over U.S. Credit Outlook Despite Debt Ceiling Agreement
Date: May 31, 2023 Place- New Delhi, India News of a debt ceiling agreement still leaves uncertainties on the U.S….
Chinese Currency Depreciation and Economic Concerns Impact Asian Currencies, USDINR Faces Upward Drift
The Chinese Currency Depreciation and economic concerns have a ripple effect on Asian currencies, resulting in an upward drift for…
Investors Welcome Debt Deal Despite Looming Risks- An Analysis by CurrencyVeda
Investors around the world are closely monitoring the recent tentative deal announced by the White House and House Republicans to…
US Dollar Rally and Rising Yields Dent Gold Price as Debt Ceiling Concerns Ease
Date- May 30, 2023 The gold price has experienced a significant decline, reaching a two-month low at the beginning of…