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Fitch affirms India at 'BBB-' with stable outlook, says tariff impact on GDP will be 'modest'Fitch Ratings has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating at ‘BBB-’ with a Stable Outlook. While upcoming U.S. ta...- Fitch Ratings revises outlook on Tata Chemicals’ FX IDRs to 'stable' from 'positive'Fitch Ratings has revised Tata Chemicals' outlook to 'stable' due to oversupply in the global soda ash industry. Weak demand in Europe and ...
- Mechanics of rupee fall: There is more to it than what meets the eyeThe fact that the rupee overvaluation is now getting corrected in REER terms is positive.
- Important support for EUR/USD lies at $1.3588/86Broad based dollar strength weighed on the euro as dollar-yen kept making fresh session highs and the euro-yen was forced to a high of Y139...
- Euro continues to find support ahead of $1.3779Another listless morning for the euro today in the Asia-Pacific as it opened at $1.3793, following a $1.3787 to $1.3822 range in the US las...
- Euro likely to close low as ECB comments weighEuro was dragged lower last night by deemed dovish commentary from ECB and dropped from highs near $1.3808 to a $1.3698 low in the US sessi...
- Euro remains range-bound against dollar ahead of ECB meetingEuro-dollar broke through $1.3800 but struggled to make much headway beyond that, peaking at $1.3804, well below the overnight high of $1.3...
- Euro-dollar trades sideways amid lack of interest in pairThe pair briefly got up to that high in the late morning/early afternoon and struggled to make further headway before finally pushing throu...
- Euro fails to hold Friday's gainsA close above $1.3811 high seen as needed to ease bearish pressure while bulls need to see a close above $1.3879 to shift focus back to the...
- Euro-dollar lacklustre in Asian tradeFlows were thin with Japan markets away on holiday and traders stayed at the sidelines ahead of Fed officials speeches tonight.
- Less dovish comments from US Fed spark sell-off in euroLess dovish comments from the Fed sparked a sell-off in the euro during NY session, sending the pair down to $1.3810 before closing at $1.3...
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