MUMBAI (Reuters) -The Indian rupee will likely take cues from how far the dollar's nascent recovery extends this week, while bonds will move based on expectations of interest rate cuts by the local ...
Last month’s G7 finance ministers’ meeting in Dubai prompted a sharp fall in the dollar. I reckon this is a turning point in the fortunes of the currency since its peak in February 2002. To get the US ...
EUR/USD is practically flat on Wednesday, trading just below 1.1650 at the time of writing, with one-month lows in the 1.1615 area in sight, which are at a relatively short distance.
The dollar's recovery is likely to remain limited as concerns over slowing U.S. economic growth and the U.S. budget deficit persist, ING analyst Francesco Pesole wrote in a note. A rebound in the ...