Indian government bond yields are likely to trade largely unchanged in the early session on Tuesday, with an upward bias later in the day, as the 10-year U.S. counterpart has risen above the crucial 4.20% mark. The benchmark 7.26% 2033 bond yield is likely to be in the 7.20-7.24% range after ending the previous session […]
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Rupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimonyRupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimony
By Gaurang Somaiya Rupee strengthened after consolidating in a narrow range for the last few weeks ahead of the important FOMC policy statement that was released earlier this week. On the domestic front, trade balance number was released and that too triggered volatility in the short term. Apart from this, inflation numbers from the US […]