USD/INR Edges Lower as Possible RBI Intervention Limits Upside
Facebook LinkedIn Indian Rupee (INR) Recovers from Record Low; RBI Intervention and Global Factors in Focus The Indian Rupee (INR) staged a recovery on Tuesday after hitting a record low in the previous session, supported by potential intervention from the Reserve Bank of India (RBI). However, the rupee’s gains remain capped as broad-based demand for […]
Gold prices maintain modest gains but lack strong bullish momentum amid the Federal Reserve’s hawkish stance
Facebook LinkedIn Gold Price (XAU/USD) Gains Traction Amid Geopolitical Risks but Faces Headwinds from Fed’s Hawkish Stance Gold prices (XAU/USD) extended their recovery from the $2,615-$2,614 support zone during the Asian trading session on Tuesday, showing modest positive momentum. The precious metal benefits from its status as a hedge against inflation, fueled by expectations that […]