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USDINR closed at 68.1200 against its opening of 68.2000. USDINR ended flat on buying by nationalized banks including State Bank of India amid growing expectation that US Fed may hike rates at a faster pace in 2017 following Federal Reserve chairperson Janet Yellen's speech on Wednesday. Hawkish comment from Yellen is supporting traders view for a faster Fed rate hike irrespective of Trump's administration policies. The dollar continued its rally against its major peers as investors refocused on the prospects of a Federal Reserve rate hike post hawkish comments from Federal Reserve Chair Janet Yellen. Fed Chairperson Janet Yellen said in a speech that the Fed is nearing its goals for inflation and employment and it "makes ......
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GlobalFX

Asian shares dipped but was on track for weekly gains while the dollar was poised for a losing week, with investors disappointed that President-elect Donald Trump failed to elaborate on stimulus plans at a news conference two days ago.Gold fell on Friday after hitting a seven-week high in the previous session as the dollar edged up and a technical correction set in, but the yellow metal was still on track to end higher for a third straight week. Oil prices were steady, supported by reports on details of OPEC output cuts, although lingering doubts over producer compliance with supply reduction targets weighed on the market. China's massive export engine sputtered for the second year in a row in 2016......
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EforexIndia

USDINR closed at 68.1200 against its opening of 68.2000.

Sensex closed higher by 50.96 points,to 27,308.60, while the Nifty 50 rose 18.10 point.

Asian shares mixed with Tokyo up on weaker yen.

China says can resolve trade disputes with new U.S. government.

Gold gains in Asia as Yellen comments on rate outlook shrugged off.

Oil rises from one-week low, U.S. inventory data in focus.

China willing to work with new U.S. administration to promote healthy ties: commerce ministry.

Aussie gains in Asia as jobs data shows higher participation rat.