USD/INR Extends Recovery as US Dollar Strength and Geopolitical Concerns Propel the Pair
Date: June 5, 2023 Place: New Delhi, India In today’s European session, the USD/INR pair continues its upward trajectory, reaching…
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Celebrate India Rupee’s Best Week in Five! Stay Tuned for US Jobs Data!
The Indian rupee concluded the week on a positive note, marking its strongest performance in five weeks. The rupee’s upward…
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,…
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…