The US dollar index, which measures the greenback s strength against a basket of six currencies, eased by 0.02% to 101.94. The 10-year US Treasury yields fell below the 4% level on Thursday following signals by the US Federal Reserve to cut rates next year.
Traders may take cues from manufacturing and services PMI, durable goods orders and new home sales data. They will remain cautious ahead of the Federal Open Market Committee (FOMC) meeting minutes later today, Choudhary added. USD vs INR: Indian Rupee Falls 18 Paise to Close at 81.85 Against US Dollar.
Global oil benchmark Brent crude futures rose 1.20 per cent to USD 116.47 per barrel. Meanwhile, the dollar index, which gauges the greenback s strength against a basket of six currencies, was trading 0.01 per cent lower at 103.92. Rupee Hits Record Low of 78.59 Against US Dollar in Early Trade.