Global Forex Update: Dollar Weakens on Rate-Cut Speculation, Indian Rupee Faces Tariff Pressure
The foreign exchange market closed August 2025 with heightened volatility as traders repositioned in response to shifting monetary policy expectations and fresh trade tensions. The U.S. dollar, typically a cornerstone of global finance, lost ground on growing bets of a Federal Reserve rate cut. Meanwhile, the Indian rupee struggled to benefit from dollar weakness, weighed … Read more