Foreign Exchange: Forex Reserves Flourishes From $1.27 Billion to $506.84
India’s foreign exchange reserves made a quick recovery from $1.27 to $506.84 billion after the falling from the reserves in the last week. Amid...
Traders Estimate RBI’s Forex Strategy As INR Thrives
The currency upped 0.8% on Thursday this week. Traders are attributing strength to the inflows from giants like Reliance Industries Ltd stake sales as...
Euro Drops Due To The Pressure of German Court While Turkey’s Lira Plummets to...
The euro dips to $1.07785 in almost two weeks. It has shed more than 1.5 percent this week and is set for a major...
Turkey’s BDDK watchdog bans Citigroup, UBS and BNP Paribas from trading with the lira
In a press release, the BDDK banking watchdog bans 3 banks due to failing to meet their Turkish lira liabilities on time. When inquired...
The U.S Dollar Thrives As Risk Appetite Levels Up Due to The Rising COVID...
Amid the COVID-19 situation, the US dollar flourished on Friday. The risk appetite of traders hiked up a little by jobs data as well....
Forex Analysis And Forcast For 8th July 2020
Euro vs US Dollar (EUR/USD)
EUR/USD has reached a short-term correctional target at 1.1260 and returned to test 1.1300 from below after breaking 1.1300 to...