XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48% XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48%
FOREX 2H AGO Source: InvestingCube

USD/INR Reaction to the NFP and the RBI's Support Measures

The USD/INR is currently trading in an environment where two opposing forces are battling for the upper hand in directional pressure. The first is the latest US Non-Farm Payrolls report and the resultant rise in U.S. bond yields, which have exerted a USD-strengthening effect on the pair.

USD/INR Reaction to the NFP and the RBI's Support Measures
The USD/INR is currently trading in an environment where two opposing forces are battling for the upper hand in directional pressure. The first is the latest US Non-Farm Payrolls report and the resultant rise in U.S. bond yields, which have exerted a USD-strengthening effect on the pair.
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