Rupee records 5th consecutive gain, settles at 281.22 against US dollar - Markets
Currency appreciates 0.02% on Tuesday
Source: brecorder.com
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Copper under pressure from climbing dollar, Auto News, ET Auto
Benchmark copper on the London Metal Exchange (LME) was little changed at USD 8,565 per metric ton at 1704 GMT. Prices of the metal used in the power and construction industries rose to five-month highs of USD 8,716 last week.
Source: indiatimes.com
End of dominance? US dollar to keep falling against G10 currencies in 2024
The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenback’s decline.
Source: livemint.com
Copper steadies amid dollar weakness, supply concern, Auto News, ET Auto
Three-month copper on the London Metal Exchange gained 0.3% to USD 8,603 per metric ton by 0158 GMT as trade resumed after the Christmas holiday. The most-traded February copper contract on the Shanghai Futures Exchange was little changed at 69,150 yuan (USD 9,672.28) per ton.
Source: indiatimes.com
Intra-day update: rupee maintains upward momentum against US dollar - Markets
Currency hovers at 282-283 level in inter-bank market
Source: brecorder.com