Indian Rupee Trades Under Pressure as Global Uncertainty RisesThe forex market today opened on a cautious note as the Indian Rupee faced pressure against the US Dollar. Strength in the dollar index, combined with risk-off sentiment in global markets, created resistance for emerging-market currencies.
Analysts noted that concerns around global economic indicators and fluctuating commodity prices may continue to influence the Rupee in the coming sessions.
If global uncertainty persists, intraday volatility in major currency pairs could increase.
Trading Outlook
Keep positions small and risk-managed
Hedge open trades where necessary
Track major US economic releases for directional bias
Expect higher volatility during overlapping market sessions