Tag: Indian rupee outlook

Currency Outlook: Dollar to remain subdued

The dollar index hovered around the crucial support level of 105.50 all through last week. The index declined below this

The US dollar remained subdued almost all through the week. On Friday the dollar index rose back sharply from the

The dollar index continued its rise for the third consecutive week. The rise to 104 almost happened last week in

The dollar index managed to sustain higher all through last week. A strong rise in the US Treasury yields aided

The upmove in the dollar index has gathered strength last week. The index surged over 2 per cent breaking above

Barring the volatile move for some time after the US Federal Reserve meeting on Wednesday, the dollar index broadly remained

The dollar index recovered last week after having beaten down badly since the beginning of August. The index touched a low

The US Treasury yields were knocked down badly last week. The first trigger for the fall came from the US

The dollar index fell below 104 last week in line with our expectation. The index made a low of 103.65

The dollar index remained under pressure all through last week. The index failed to breach 106 decisively and fell sharply.