Asia FX muted amid disinflation talk, RBI supports rupee By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies moved little on Wednesday as traders digested less hawkish than expected comments from Federal Reserve Chair Jerome Powell, while the Indian rupee advanced as the Reserve Bank vowed more interest rate hikes. The was among the better performers for the day, rising 0.2% after the […]
Indian Rupee steadies near monthly top, Fed Chair Powell, RBI Interest Rate Decision eyed
Share: USD/INR grinds higher around monthly peak, bulls take a breather after three-day uptrend. Cautious sentiment ahead of Fed Chair Jerome Powell’s speech, RBI interest rate decision probes the Indian Rupee pair traders. Firmer Oil price, hopes of dovish guidance from RBI joins hawkish hopes from Fed to keep buyers hopeful. Reuters poll […]