Thursday, 12 November 2020

Indian Rupee, Nifty 50 Outlook: Stimulus Welcomed, Global Covid Cases a Threat

The Indian Rupee is at risk despite a local stimulus package pushing the Nifty 50 to record highs. Rising global Covid cases may push USD/INR higher, but technical obstacles are ahead.

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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...