INR News and Press, Market Vectors Indian Rupee/USD ETN From 06/11/22

It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving and the US inflation data on Friday kept it going into the weekend. The Fed rate decision on Wednesday is naturally the highlight, as traders look for furthe...

After modest US equity gains yesterday, the weaker yen and Beijing’s approval of 60 new video games helped lift most of the large markets in the Asia Pacific region. South Korea and India were notable exceptions. Sterling posted a bullish outside up day yesterday, trading on bo...

A strong nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking campaign anytime soon. The May employment report was impressive, but it will likely be the last strong one we will see in a while. The upcoming week is filled with important centr...

It’s likely to be another action-packed week despite numerous countries seeing it shortened by bank holidays. The jobs report is typically the highlight when it comes to the first week of the month but there will be competition from the OPEC+ meeting, Bank of Canada rate decisi...

The continued drop in US Treasury yields has seen the dollar slump against the Japanese yen. The two-week consolidation pattern that had confined the euro has been resolved to the downside. While the US April CPI was a bit firmer than expected, it is not a game changer. For ...

The uncertainty over the economic outlook is now arguably the highest it has been over the past several years. The war in Ukraine is having a significant impact on trade flows - particularly in agricultural commodities. Alongside China lockdowns, bottlenecks look set to worsen in the ...

Risk appetites are improving on the margin. Asia Pacific stocks still fell after the sharp losses on Wall Street on Monday. Still, China, Taiwan and Indian equities traded higher. The euro has been bouncing along its trough around $1.0480 for the better part of two weeks. The doll...

The US 10-year yield is firm near 2.95%, while European benchmark yields have also firmed. The US dollar, which was sold hard yesterday has returned better bid today. Australia reported a larger than expected trade surplus of A$9.3 bln in March after A$7.4 bln in February. The pos...

With Japanese markets closed until Friday, the dollar is consolidating in a narrow range against the yen. The euro is holding above $1.05 today but is well below yesterday's $1.0580 high. There is near-universal consensus that the Federal Reserve will hike the Fed funds target to ...

The Federal Reserve has communicated its intent to bring the Fed funds rate to a neutral setting and maybe higher in recognition of the persistence of unacceptably high inflation. The European Central Bank will continue to buy bonds through June. The swaps market discounts a tightenin...