Asian Currencies Experience Bearish Trends Amidst Economic Struggles in China
According to a recent Reuters poll, an increasing number of investors are demonstrating bearish behavior towards most Asian currencies. This…
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Russia Plans to Decrease Daily Forex Sales in the Coming Month
In a recent announcement, Russia’s finance ministry has revealed its decision to reduce the volume of daily foreign exchange (forex)…
Pre-Market Updates and Expectations July 04, 2023
Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this…
Indian Rupee Surges Past 82/USD Threshold as Importers Seek Hedging
Date: June 16, 2023 Place: New Delhi, India The Indian rupee made a significant stride, surpassing the crucial 82 per…
Exciting Times Ahead: Dollar Holds Steady as Fed Meeting and CPI Data Take Center Stage
The U.S. dollar remained steady on Monday during the early European session, hovering around multi-week lows. Traders appeared cautious, hesitant…
Indian Rupee Performance in Currency Markets June 07, 2023
Date- June 08, 2023 Place- New Delhi, India USDINR All eyes are fixed on the Reserve Bank of India (RBI)…
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…
Rupee Falls 4 Paise to Close at 82.64 Against US Dollar- CurrencyVeda Analysis
Rupee Depreciates Against US Dollar on Strength of Greenback, but Positive Domestic Trends and Foreign Capital Inflows Offer Support May…