Rupee

The US dollar is soaring in the currency markets and is strengthening in the charts in November. The DXY index, which measures the performance of the USD, shows that the currency has climbed above the 105 mark. The USD hit a high of 105.06 and spiked 0.006% in the indices. The Indian rupee hit a…

The Indian rupee (INR) dominates the currency markets this week, outperforming the US dollar (USD) by a wider margin. This significant change comes at a time when forex traders remained cautious before going long on the USD. Traders avoided taking entry positions in the currency markets on the heels of the Federal Reserve meeting. Also…