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Asian markets rallied on Tuesday morning taking cues from US markets which closed stronger more than three percent as trade tensions between the US and China appeared to ease
The dollar index traded at 88.68 against a basket of currencies as Euro rose to its strongest levels in five weeks while dollar rebounded against Yen on back of a strong recovery in US stocks
Dollar-rupee is expected to open lower near 64.75 against the closing of 64.86 yesterday, with equities bounce back likely to continue expects the pair face resistance at higher levels for the day with today’s range 64.60-64.90
Asian markets rallied on Tuesday morning taking cues from US markets which closed stronger more than three percent as trade tensions between the US and China appeared to ease
The dollar index traded at 88.68 against a basket of currencies as Euro rose to its strongest levels in five weeks while dollar rebounded against Yen on back of a strong recovery in US stocks
Dollar-rupee is expected to open lower near 64.75 against the closing of 64.86 yesterday, with equities bounce back likely to continue expects the pair face resistance at higher levels for the day with today’s range 64.60-64.90
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