The US dollar may prove resilient ahead of the crucial PCE inflation data, while EUR/USD seeks catalysts and USD/JPY maintains its uptrend. Traders eye German and EU inflation figures for guidance
EUR/USD Weekly Forecast: Bulls gain confidence ahead of US PCE inflation fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
The Indian rupee is expected to open flat-to-slightly weaker on Tuesday amid a decline in Asian peers and an uptick on the dollar index. Non-deliverable forwards indicate rupee. -May 20, 2024 at 11:04 pm EDT
- MarketScreener
The rupee, which had been holding a narrow range around 83.50, managed a rally in the afternoon session on Friday. Dollar offers from public sector banks, small stop losses were among the reasons cited for the move higher.