INR News and Press, Market Vectors Indian Rupee/USD ETN From 12/01/20

Stocks bounced back, and the US dollar is heavy, with few exceptions. The euro remains within striking distance of the $1.20-level and sterling flirted with $1.34. Emerging market currencies broadly are recovering, and the South African rand and Hungarian forint are leading today'...

The dollar is broadly weaker. Sterling and the Antipodeans are leading today's move, while the Swiss franc and Japanese yen are laggards. Most emerging market currencies are also gaining on the greenback. For further details see: Markets Look Past Near-Term Challenges

The US dollar had a tough week. It fell against all the major currencies and most of the emerging market currencies. Sterling has gained around 1% against the euro over the past two weeks. For further details see: Beware Of The False Break

The dollar is heavy, and for the first time since the Pfizer announcement, it is trading back below JPY104. Most emerging market currencies are also firm. The main exceptions are the Turkish lira and the Thai baht. For further details see: Balancing Pandemic Surge With Optim...

Sell-side institutions have turned moderately to significantly bearish on the US dollar in recent months. Some banks are expecting up to 20% USD depreciation in 2021. We do not think that the USD will continue to weaken indefinitely from current levels as some economies (Euro area...

Despite the surging pandemic and new restriction measure, risk-appetites appear strong to start the week. Most emerging market currencies are trading higher, though the Turkish lira is an exception. The greenback is trading heavier. For further details see: Risk On Despi...

The dollar did well after suffering broadly the prior week. The New Zealand dollar was bolstered by the unwinding of expectations that the central bank would adopt a negative target rate. Sterling's gains ahead of the weekend were sufficient to settle positive, just barely, on the...

There is a nervous calm in the capital markets today. The dollar is mixed, with the sterling and the dollar bloc softer and the euro, yen, and Swiss franc a little firmer. The Turkish lira is extending yesterday's sharp gains, while many of the regional Asia Pacific currencies low...

Emerging market currencies and the majors that benefit from world growth outperformed the perceived safe-havens, like the yen and the Swiss franc. Yesterday's violent moves may have been an overreaction, but today's action is more consolidative than a reversal. The dollar is tradi...

The new week has begun with robust risk appetites, driving stocks higher and sending the dollar broadly lower. The greenback fell by 2% against the Canadian dollar last week, the largest decline in five months. The dollar was weaker against nearly all the world's currencies, but t...