The Indian Rupee (INR) gained against the US Dollar (USD) on Tuesday, breaking a three-day losing streak. The USD/INR currency pair corrected to around 90.35 as the US Dollar Index (DXY) sharply declined, reaching a fresh low of 98.86, the lowest in over three weeks. This shift indicates diminishing safe-haven demand for the USD amid changing market dynamics.
The declining DXY signals a broader trend that may influence trading decisions across various currency pairs. As the INR strengthens, traders are likely to reassess their positions, potentially boosting confidence in Indian markets. This movement highlights the ongoing volatility in forex markets driven by shifts in risk sentiment and economic indicators.
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: 2026-01-06 07:25
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.