Rupee ends higher following choppy price action, Asia FX rally helps

Rupee ends higher following choppy price action, Asia FX rally helps

The Indian rupee closed stronger on Monday, aided by a rally in Asian currencies that helped the local unit touch its highest in two weeks. The rupee closed at 83.87 against the U.S. dollar, up from its close at 83.94 on Friday. The currency hit 83.85 during the session, its highest since Aug. 6. The … Read more

Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian equities and US futures were broadly higher Thursday on firming signs the Federal Reserve will soon cut interest rates. Japanese stocks fell to reflect a stronger yen. Equities in Australia and South Korea rose alongside Hong Kong share futures. Contracts for the S&P 500 and the Nasdaq 100 both climbed to compound Wednesday’s advances … Read more