Rallying for the fourth straight session, stock market benchmarks Sensex and Nifty surged over 1 per cent on Thursday, powered by across-the-board buying amid a mixed trend in global equities after......
The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Illustration: Dominic Xavier/Rediff.com Forex......
For now the probability of the tradable rally remains very low, says Sonali Ranade $ INDEX [DXY/$USD]:As noted in last week's column, the breakout point for DXY was above 83.50 which it pierced......
Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes,......
Clearly the DXY is overbought and needs to work off overbought conditions. That will trigger consolidation in US equity markets that are just as overbought, says Sonali Ranade The US dollar......