Historical Currency Market News Stories
Dollar Drops Pre-Jobs; Indian Rupee Tears Past 88!
The US dollar eased as traders positioned for a key US jobs report that will influence Fed expectations, while the Indian rupee fell through the 88/USD mark amid equity outflows and importer demand. Both moves have clear near-term drivers and immediate trading implications.
Dollar Drops Pre-Jobs; Indian Rupee Tears Past 88!
The US dollar eased as traders positioned for a key US jobs report that will influence Fed expectations, while the Indian rupee fell through the 88/USD mark amid equity outflows and importer demand. Both moves have clear near-term drivers and immediate trading implications.
Dollar Softens; Rupee Nears Record Low in FX Today
Broad dollar weakness deepened as traders priced a September Fed rate cut, while India’s rupee drifted toward its record low with potential RBI defense eyed near 88 per dollar.