USD/INR Price News: Indian Rupee slides below 82.00 as US Dollar grinds higher, Fed clues, China eyed

Canada News News

USD/INR Price News: Indian Rupee slides below 82.00 as US Dollar grinds higher, Fed clues, China eyed
Canada Latest News,Canada Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

USD/INR Price News: Indian Rupee slides below 82.00 as US Dollar grinds higher, Fed clues, China eyed – by anilpanchal7 USDINR Fed China RiskAversion Oil

US Housing Starts jumped to the highest level since April 2022 by rising 21.7% MoM in May versus -2.9% recorded in April and -0.8% market forecasts, which in turn favor the DXY bulls. On the same line, Building Permits were also upbeat for the said month, up 5.2% MoM versus -5.0% expected and -1.4% previous readings .

It should be noted that the geopolitical fears surrounding the US and China weigh on the sentiment in Asia and weigh on the Indian Rupee . China’s Ministry of Foreign Affairs said that the US has distorted its political promise to China. Late on Tuesday, US President Joe Biden termed Chinese President Xi Jinping a dictator and flagged concerns of intense Sino-American tension earlier in the day.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/INR Price Analysis: 200-DMA prods Indian Rupee sellers around 82.10USD/INR Price Analysis: 200-DMA prods Indian Rupee sellers around 82.10USD/INR renews intraday high near 82.10 as it prints three-day uptrend while bouncing off the key support line amid early Tuesday in Europe. The India
Read more »

USD/INR Price Analysis: Consolidates around 82.00 mark, seems vulnerable below 200-day SMAUSD/INR Price Analysis: Consolidates around 82.00 mark, seems vulnerable below 200-day SMAThe USD/INR pair struggles to capitalize on Friday's modest bounce from the 81.85 region, or its lowest level since May 9 and kicks off the new week o
Read more »

4 Trillion SHIB Left Until Shiba Inu Reaches Fundamental Price Level4 Trillion SHIB Left Until Shiba Inu Reaches Fundamental Price Level$SHIB has to find solid support in the foreseeable future as trillions of tokens now act as a strong resistance level
Read more »

This XRP Price Indicator Hints at Price ReversalThis XRP Price Indicator Hints at Price ReversalUncertainty on the cryptocurrency market has led to unpleasant consequences for XRP, but the cryptocurrency might reverse in the foreseeable future
Read more »

LA City Council taps Councilmember Harris-Dawson as new president pro temLA City Council taps Councilmember Harris-Dawson as new president pro temHarris-Dawson replaces Councilmember Curren Price as council president pro tem amidst corruption charges against Price.
Read more »

USD/MXN Price News: Options market signals further downside of Mexican Peso past 17.00USD/MXN Price News: Options market signals further downside of Mexican Peso past 17.00USD/MXN Price News: Options market signals further downside of Mexican Peso past 17.00 – by anilpanchal7 USDMXN Options Markets RiskAversion Currencies
Read more »



Render Time: 2025-02-28 22:13:28