Category forex

Rupee Opens Lower As Dollar Gains

Indian Rupee edges down against US Dollar The Indian Rupee has opened on a cautious note against the US Dollar due to overnight gains in the latter. The USD/INR pair has edged up to near 95.35 after a corrective move the previous day. The US Dollar Index tr

Dollar Index Rises Despite Softer CPI

EUR/USD may decline towards 1.1500 The Dollar index has increased, indicating near-term bullishness on a break above 100. This rise occurred despite a softer CPI release. The Euro, EURJPY, Aussie, and Pound could decline towards 1.15, 183/182, 0.70/69, and