Indian Rupee Gains But US Dollar May Rise as Nifty 50 Eyes Virus Risk

BY admin admin

Indian Rupee gains on the RBI’s operation twist may be short lived if the haven-linked US Dollar rises as the virus lockdown persists. The Nifty 50 trades within a bearish formation.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

ICYMI – ECB's Nagel said rates will have to stay higher for longer

<p>Germany's Bundesbank President (and European Central Bank Governing Council member) Nagel spoke on Thursday.</p><p>He was at at a DEKRA event. DEKRA is a global vehicle inspe

Forex

United Kingdom M4 Money Supply (MoM): -0.1% (November) vs previous 0.3%

United Kingdom M4 Money Supply (MoM): -0.1% (November) vs previous 0.3%

Forex

Sterling Softens on Brexit Impasse, Euro Awaits ECB

<p>Sterling softened again after the Brussels meeting ended with nothing more than comments that UK and EU are still far apart. Yet, traders are still holding their bets for now. Yen and Dollar

Copyright © 2024 | WordPress Theme: Xews Lite