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Indian Rupee (INR) extends its upside on Tuesday. A positive bias in INR is bolstered by the risk appetite in global markets, Foreign Institutional Investors (FIIs) inflows, and strength in the domestic markets.
EUR/USD snaps its four-day winning streak, declining to near 1.0830 during the early European hours on Monday.
The Australian Dollar (AUD) recovers intraday losses and moves into positive territory on Monday, likely influenced by gains in the domestic equity market.
The USD/CAD pair falls back to the round-level support of 1.3600 in Monday’s European session.
The Pound Sterling (GBP) falls slightly but broadly consolidates in a tight range above 1.2600 in Monday’s European session.