Rupee ends a tad lower as modest inflows cushion drag from firmer dollar.The dollar index held above the 100-handle, while Asian currencies were down between 0.1% and 0.3% as traders scaled back wagers on a U.S. rate cut next month.
Dollar strength set to challenge rupee's tentative recovery on hawkish Fed outlook.The Indian rupee's tentative upside momentum on Thursday may face headwinds from a rally in the dollar, fuelled by fading expectations of a Federal Reserve rate cut next month.
Wall Street banks ignite rush for Indian rupee rally wagers tied to trade deal optimism.Offshore investors are using options to position for a potential rally in the Indian rupee, encouraged by Wall Street banks promoting strategies built on the prospect of a trade deal between the United States and India.
Rupee set to ignore weaker Asian peers, eyes US-India trade deal cues.The Indian rupee is set to look past weaker Asian peers at open on Wednesday, with traders tracking headlines around the U.S.-India trade deal that could influence sentiment and flows.
Rupee ends flat as modest inflows counter global risk-off pressure.Asian currencies were down between 0.1% and 0.4% while MSCI's gauge of regional stocks fell over 2%, tracking an extended selloff on Wall Street overnight as investors turned cautious ahead of a key earnings report and a deluge of U.S. economic data.