US Dollar Index (DXY) Weakens Amid Fed’s ‘Softish Landing’, Strong Data
The US dollar weakened considerably on Tuesday after Federal Reserve Chair Jerome Powell stated that a “softish landing” for the US economy is plausible. The…
Posts Tagged: Manufacturing Output
USD/INR Flat As Inflation Rises to Six-Month High
The Indian rupee traded relatively flat against both the US dollar and the euro to kick off the trading week. The rupee has struggled to…
Indian Rupee Rises on Positive Economic Data, Falling COVID-19 Cases
The Indian rupee is strengthening against many of its major currency counterparts to finish the trading week, buoyed by better-than-expected economic data. With the coronavirus…
USD/INR Rises As Rupee Fails To Benefit From Strong Trade Data
The Indian rupee pared its modest weekly gain against its US counterpart on Friday as investors poured into the greenback. The rupee failed to generate…
South Korean Won Extends Losses on Disappointing Manufacturing, Trade Data
The South Korean won is extending its losses midweek after more economic data came out that put a spotlight on the vulnerability of the South…