USDINR Declines for Third Consecutive Session; Market Focus Turns to US Economic Data
The Indian rupee has shown resilience against the US dollar, gaining for the second consecutive session. Currently, the USDINR currency pair trades at 89.97, down by 0.3% from the previous day. Factors such as trade tariff concerns and soft US economic data have influenced the dollar’s performance.
As the focus shifts toward upcoming US economic indicators, traders are on alert for any developments that might impact currency pairs. The ongoing volatility in the USDINR could provide opportunities for strategic trading decisions.
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