Monday, 11 May 2020

Indian Rupee May Struggle as USD/INR Wobbles, Credit Spreads Widen

The Indian Rupee may struggle against the US Dollar as local credit spreads widen and the country struggles with the coronavirus outbreak. Will USD/INR exit its consolidative state?

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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...