USDINR opened the session with a quiet drift, holding near 85.65 as traders digest a fresh cocktail of rate cues, oil price movement, and tariff speculation. The pair has bounced off last week’s dip but shows no real urgency neither from buyers nor sellers, as macro pressure builds in both directions. The dollar is getting…
The USDINR currency pair trades flat in the Asian session, going at 85.92 at the time of writing as the dollar mounted a fightback after three sessions on the decline. The Israel-Iran ceasefire seems to be holding 24 hours after it was announced, diluting the US dollar’s safe haven strength. The rupee is strengthened by…
The rupee slipped in early trade today, with USDINR pushing up toward ₹86.63 as dollar demand from corporates stayed steady. Crude oil isn’t easing either, prices remain firm, keeping pressure on importers and dragging sentiment across the board. But the bigger story came from across the Atlantic. The Fed left rates unchanged overnight for the…
The rupee is likely to lag in a softer dollar environment, and also due to its negative net international investment position (NIIP), which refers to an imbalance between what the country owes and owns abroad. NIIP is the gap between what the country owns overseas and what it owes to the rest of the world….
The Indian Rupee is back under pressure on today, with USD/INR climbing toward 85.77 as renewed US Dollar demand and foreign equity outflows weigh on the local currency. The pair has extended its recovery after bouncing off 85.00, now trading just below a key resistance zone ahead of Friday’s Reserve Bank of India (RBI) rate…
The indian rupee, after reaching a two-week high in the previous session, is now trading almost flat. However, the weak US dollar supports Asian currencies in gaining strength and could also provide support to the Indian currency. The decline in crude oil prices may also contribute to supporting the indian currency because India is the…
Tuesday’s early European session, the Indian Rupee edges lower due to dovish bets for the RBI weighing on the USD/INR, however, the multi-phase US-China trade deal might cap the INR losses. According to the data released for the consumer inflation in India, which fell more than expected, this supports bets that the Reserve Bank of…
Today, Monday, May 15th, most of the asian currencies weakened as the US Dollar gained after Washington announced a trade deal with China. On the other hand, the indian rupee outperformed in response to the news of a ceasefire agreement with Pakistan. The US Dollar index rose 0.2% in the Asian session today, hovering near…
As we started today on May 7, 2025, with this news that India launched what it called “Operation Sindoor,” conducting missile strikes targeting what they claimed were terrorist infrastructure. Pakistan strongly condemned the strikes, calling them an act of war. This flaring up of the geopolitical issues affecting the pricing of the indian rupee led…
USDINR was up in the Asian trading session, buoyed by ongoing trade talks between Indian and the US. The pair was at 85.45 at the time of writing, up by 0.3% on the daily chart. That said, it is still struggling for a decisive upside momentum, with the dollar still near four-month lows. USDINR Hinged…
