Rupee, forward premiums lifted by improved odds of deeper Fed rate cut
The Indian rupee rose on Friday and dollar-rupee forward premiums climbed on renewed hopes of a 50-basis-point rate cut by the Federal Reserve next week, which also helped lift most Asian currencies.
Indian Rupee Rises, Forward Premiums Lifted By Improved Odds Of Deeper Fed Rate Cut
The Indian rupee rose on Friday and dollar-rupee forward premiums climbed on renewed hopes of a 50-basis-point rate cut by the <a target=_blank h
Markets pushing for a big Fed rate cut after muted inflation reports
Inflation is still sticky: car insurance, daycare, rent. Inflation data, however, hasn't justified such a move as yet, and the labor market, which represents the second side of th
Wall Street advances as traders' bets rise for bigger Fed rate cut
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive small cap stocks outperforming.
Global stocks mostly rise as markets eye likely Fed rate cut
Wall Street stocks concluded a positive week with another upbeat session Friday, while European equities also advanced following a European Central Bank interest rate cut.
Futures muted on uncertainty about Fed rate-cut size
Traders' bets now indicate market pricing of a bumper rate cut have shot up, with chances of a 50-basis point cut standing at 41% compared with 14% seen on Thursday, according to CME's FedWatch Tool.
Rising odds of big Fed rate cut following reports likely to boost rupee
The Indian rupee is expected to rise on Friday after media reports prompted investors to pile into wagers that the U.S. Federal Reserve may cut interest rates by 50 basis points next week. The 1-month non-deliverable forward indicated that the rupee will likely open at 83.
Stock markets rise awaiting US rate cut next week
US and European stock markets rose, gold hit a record high and the dollar fell on Friday ahead of an expected US interest-rate cut next week.
U.S. Dollar Unlikely to Fall Much Further on Fed Rate Cuts
The dollar should remain sluggish but has limited scope to fall further given already aggressive Federal Reserve interest rate cut expectations, UniCredit Research said. The Fed is expected to cut rat
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Indian importers favour FX options as rupee holds steady, premiums soar
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Indian Rupee Closes Flat As Market Awaits Inflation Data
The Indian rupee opened flat against the US dollar on Thursday as the market wait for inflation data to be released. The rupee opened at Rs 83.97 against the US dollar, according to Bloomberg data.
Russian funds in Indian rupee vostro accounts halve in the past 12-15 months as Russia invests, makes purchases
A large portion of the money of the Russian companies lying in the Rupee Vostro accounts in India has been utilized in ...