Here is what you need to know on Thursday, December 28: The US Dollar (USD) continued to weaken against its rivals mid-week, with the USD Index dropping to its lowest level in five months below 101.00.
The US Dollar (USD) took another nosedive in Asian trading on Thursday. The opening gap against the close from Wednesday was not a positive sign for the Greenback in the US Dollar Index (DXY). Though just minutes after the US opening bell,
This week, investors will be eyeing key events such as the F&O December series expiry, India's fiscal deficit, current account deficit, and bank loan growth, along with goods trade balance, and initial jobless claims in the US that will keep the markets buzzing.