USD/INR Hits All-Time High | Weak India PMI Data Fuels Rupee Decline

Описание: In today’s forex market update, we take a closer look at the USD/INR pair as it refreshes its all-time high following India’s weaker-than-expected PMI data. The disappointing figures highlight ongoing challenges in the Indian economy, including slower growth momentum and reduced business activity, which have weighed heavily on the Indian Rupee. As a result, the USD/INR pair has gained significant bullish momentum, pushing the currency to new record levels.

This move comes at a time when global investors are closely monitoring both domestic and international factors, including U.S. economic indicators, Federal Reserve policy expectations, and global risk sentiment. The soft PMI data from India has added to concerns about the country’s near-term economic outlook, amplifying pressure on the Rupee and reinforcing USD strength.

In this video, we break down the latest price action, key technical levels, and potential scenarios for USD/INR in the sessions ahead. Traders should watch closely for possible interventions from the Reserve Bank of India (RBI), as authorities may step in to curb excessive volatility in the currency markets.

We also discuss the broader impact of India’s weak PMI readings on investor confidence, bond yields, and capital flows, providing insights for both short-term traders and long-term investors.

Stay tuned until the end for a detailed analysis and don’t forget to like, share, and subscribe for daily forex market updates and strategies.