UK GDP beat forecasts, yet economists at ING Bank argue that UK inflation will matter more than one strong month of growth. Britain's economy grew 0.4% in July when economists
Stronger core inflation favours MUFG’s bearish Euro outlook, with the bank now expecting a September Fed hike and EUR/USD closing below 1.16. The Euro to Dollar (EUR/USD) exchange rate closed
The latest increase pushed India above Russia to become the world’s fourth-largest holder of , behind China, Japan and Switzerland, according to Bloomberg data.India’s reserves increased by about USD 120
Crédit Agricole now expects RBI hikes from Q4 as expensive oil and weak monsoons threaten inflation, keeping USD/INR near its 96 forecast. The US Dollar to Indian Rupee exchange rate
