26 Sep 2018 | 1:15 AM
Research Report

Currency Research Report: Daily Forex and IRF Report

• The Indian rupee came off its early highs against the U.S. dollar on dollar demand from oil importers. However, suspected dollar sales by the central bank limited losses in the currency. • German unemployment fell by more than expected in December, figures released by the Federal Labour Office showed, signaling the health of the job market in Europe's largest economy. The seasonally adjusted unemployment total last month fell by 14,000, more than double the 6,000 figure forecast in a Reuters poll of economists. The adjusted jobless total stood at 2.757 million. • Consumer prices in the euro zone grew slower than expected in December, a first estimate showed, adding pressure on the European Central Bank to further loosen its monetary policy after it deployed a bare-minimum of extra easing last month
06 Jan 2016 | 09:16 AM