The USD/INR currency pair has reversed its four-day losing streak, opening on a negative note for the Indian Rupee against the US Dollar. The exchange rate surged to approximately 88.80 as the USD gained momentum following the release of the Federal Open Market Committee (FOMC) minutes from the October policy meeting. This shift underscores the USD's strength against its peers in the forex market.
Traders are now eyeing the upcoming US Non-Farm Payroll (NFP) data, which could further influence market dynamics. The expectation of robust labor market data may bolster the USD's position, potentially impacting the INR's performance in the near term. As the trading week progresses, fluctuations in the USD/INR pair will be closely monitored for indications of broader market trends.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-20 06:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.