Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

USD/INR extends the rally as US Dollar demand rises

James Carter
James Carter

James Carter

James is a seasoned forex trader and financial analyst with...

Full Bio

James Carter

Share

The USD/INR pair extended its rally, driven by a surge in demand for the US Dollar as markets react to the Federal Reserve’s hawkish tone. Expectations of prolonged monetary tightening have strengthened the greenback, putting pressure on the Indian Rupee. This aligns with broader emerging market trends as investors seek safer assets.

The Indian Rupee has also faced headwinds from rising US bond yields, which have dampened foreign investments in Indian markets. Analysts highlight that this dynamic reflects a global risk-off sentiment, with traders prioritizing the Dollar amid heightened economic uncertainties.

Geopolitical tensions and fluctuations in crude oil prices have added to the challenges for the Rupee. As a major oil importer, India’s trade balance remains sensitive to energy price volatility, further weighing on the currency’s performance against the US Dollar.

Market experts suggest the USD/INR pair could test new resistance levels if Dollar strength persists. Traders are closely monitoring upcoming US economic data and global market trends to assess the potential trajectory of the pair in the coming weeks.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
GBPUSD (1)
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
EURUSD (1)
EUR/USD weakens below 1.0400 as traders await US NFP release
NZDUSD
NZD/USD gains traction above 0.5650 ahead of US NFP release
USDINR (2)
USD/INR holds steady as traders brace for RBI rate decision
USDJPY (1)
Japanese Yen retreats against USD amid some repositioning ahead of US NFP
Stocks fluctuate as bond rally pauses ahead of volatile U.S
Stocks fluctuate as bond rally pauses ahead of volatile U.S. jobs report
Japanese household spending surges to highest level since 2022 amid wage growth
Japanese household spending surges to highest level since 2022 amid wage growth
Crude oil declines for the week as trade tariffs outweigh Iran supply risks
Crude oil declines for the week as trade tariffs outweigh Iran supply risks
Japanese yen climbs amid rate hike speculation as U.S
Japanese yen climbs amid rate hike speculation as U.S. jobs report approaches
Ethereum faces resistance near $2,817 as Pectra testnet launch nears
Ethereum faces resistance near $2,817 as Pectra testnet launch nears