Wednesday, 7 August 2019

Indian Rupee at Risk After RBI Cut, Kashmir Region Threat

The Indian Rupee looks vulnerable after an unexpectedly large RBI rate cut and a USD/INR break of 2018 resistance. India-Pakistan political tension over Kashmir may push INR lower, Yen higher.


from DailyFX - Feeds all https://ift.tt/33gS2s8
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...