For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
Investors who see the rupee weakening past $90 against the dollar have a new indicator to assess: Goldman Sachs believes the worst phase of the currency’s underperformance is largely behind it, even as India’s external balances remain under pressure and rate uncertainty clouds the outlook. The brokerage argued that while flows have deteriorated significantly, India’s […]