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Rupee weakened as month-end dollar demand from oil companies pressured

WikiFX
| 2023-12-28 19:25

Abstract:# trading range for the day is 83.15-83.59.# Rupee weakened as month-end dollar demand from oil comp

# trading range for the day is 83.15-83.59.

# Rupee weakened as month-end dollar demand from oil companies pressured

# India\\'s total trade in GDP has expanded from around 15% in the early 1990s to nearly 50% in 2022.

# Fitch Ratings anticipated Indias GDP growth of 6.5% during fiscal 2024–25.

# trading range for the day is 91.7-92.56.

# Euro gains were buoyed by the anticipation of the Fed initiating interest rate cuts in the first quarter of 2024.

# Euro zone consumer confidence rose by 1.8 points in December from the November number

# The European Commission said a flash estimate showed euro zone consumer morale improved to -15.1 this month

# trading range for the day is 105.73-106.37.

# GBP gains as investors hope that the BoE will start its rate-cut campaign later than the Fed

# The Fed is expected to cut rates sooner than the BoE.

# A recession in the UK economy is highly likely.

# trading range for the day is 58.66-58.96.

# JPY settled flat as board members discussed the potential timing of exiting the central banks massive stimulus

# Japan housing starts to fall more than estimated

# BOJ Governor Kazuo Ueda recently stated the likelihood of Japan\\'s economy getting out of the low-inflation environment.

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