FX.co ★ Analytics USDINR | US Dollar (USD) to Indian Rupee (INR) Rate in the Forex market
Inflation in the US and a little about trading strategies
Employers' payroll costs skyrocketed, and Americans' spending unexpectedly soared with them. All together makes Wall Street wary of a possible recession. But is everything really terrible, or is there...
The number of unemployed in the US is rising, while household spending is falling
According to the Department of Labor on March 31, applications for national unemployment insurance in the US rose over the past week more than experts expected. Despite the start...
Households squeezed as US inflation accelerates
According to the Labour Department, US consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and gasoline However, experts believe inflation is poised...
US goods trade deficit hits record high
The Commerce Department said on Monday that the US trade deficit in goods widened sharply to a record high in January amid an increase in imports as businesses continued...
India keeps key rate low, attracting investors
According to the data, economic growth in India has slowed somewhat due to the third wave of COVID-19. At the same time, inflation tends to decrease, so the country's monetary...
Asian markets benefit from conflicts in Europe
According to expert data on Thursday, investors have strengthened their bullish position on most Asian currencies over the past two weeks, while long bets on the Thai baht have more...
US weekly jobless claims rise, housing starts fall
The number of Americans filing new claims for jobless benefits unexpectedly rose last week, but remained below pre-pandemic levels as labor market conditions continue to tighten. The first increase...
India is the next major electric car market
Ford Motor Co said on Friday it was exploring the possibility of using one of its factories in India to produce electric vehicles for export. More recently, the American automaker...
US consumer prices jump strongly in January
US consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years. Such news could spark debate among investors and traders about the size...
Household debt skyrocketed by $1 trillion in 2021
US consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford homes, cars and other goods that are becoming more...