Indian Rupee depreciated by 0.15% against USD but appreciated by 1.12% against Euro last week. The INR reacted to the 13th November 2015 terror attack on Paris and also to a risingRead More
The Friday terrorist attack on the people of Paris will lead to risk aversion globally as investors worry about more such attacks. The Euro will lead the currency weakness as the ERead More
USD last week rallied and touched its six month high level after the release of strong U.S. monthly job report, which added to expectations for a December rate hike by the Fed. EarRead More
USD weakened marginally last week as it consolidated its gains post Fed meet. Fed, in its October FOMC meet, maintained status quo on rates but indicated interest rate hikes in itsRead More
USD gained last week and touched two month high levels. The gain came on the back of ECB looking to increase stimulus and on the back of release of some upbeat U.S. economic data. Read More
USD last week was volatile on rising uncertainty over Fed rate hike this year, in the midst of mixed U.S. economic data. USD Index (DXY), which tracks the movement of the USD againRead More
Brazilian Real appreciated by 4.51% against USD last week posting its strongest weekly rally since 2011. The gain came after political crises in the country eased as Brazil’sRead More
The INR is set to gain on the back of expected FII flows into equites and bonds. Weak US job numbers is helping taking out bets of Fed rate hike this year while RBI rate cut of 50bRead More
USD strengthened last week on the expectation of a Fed rate hike as Fed chair Janet Yellen and a few Fed officials made strong statements about hiking interest rates in 2015. JanetRead More