Good Morning!
U.S. President Trump said China "has become very spoiled on trade,".
Japan reported CPI data that missed expectation and failed to meet its 2% inflation target again, sending the yen lower.
Escalating trade tensions and rising oil prices kept investors grappled, thus leading to a choppy trading session on the Wall Street that ended lower.
Asian equities edged up today as investors kept a cautious watch on developments in US-China trade negotiations.
The dollar index hovered near five-month highs well above the 93 level in Asia today morning, after climbing to this year’s fresh high at 93.46 overnight.
The Indian Rupee is seen opening at 67.84 a dollar and is expected to trade weaker approaching 68 again.
Regards
Karvy Forex
U.S. President Trump said China "has become very spoiled on trade,".
Japan reported CPI data that missed expectation and failed to meet its 2% inflation target again, sending the yen lower.
Escalating trade tensions and rising oil prices kept investors grappled, thus leading to a choppy trading session on the Wall Street that ended lower.
Asian equities edged up today as investors kept a cautious watch on developments in US-China trade negotiations.
The dollar index hovered near five-month highs well above the 93 level in Asia today morning, after climbing to this year’s fresh high at 93.46 overnight.
The Indian Rupee is seen opening at 67.84 a dollar and is expected to trade weaker approaching 68 again.
Regards
Karvy Forex
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