Euro slipped yesterday, breaking under 1.1800 mark against the US dollar and testing a one-week low of 1.1750 before witnessing a recovery. EUR/USD pair has been mostly trending up recently and currently lingers at 1.1795, almost unchanged on the day and holding near two and half month high. Data out yesterday showed that Eurozone consumer prices saw a steady growth in November. Inflation was unchanged at 2.1% in November, revised down from 2.2% estimated on December 2. The rate remained slightly above the European Central Bank`s 2% target though the reaction to the data saw Euro slip against the US dollar as CPI fell 0.3% from the previous month, marking the first decline since January this year. This can weigh on the single currency in near term. On NSE, EUR/INR futures are trading at 106.01, down 0.14% on the day and giving up earlier gains that saw the pair approach 106.35 mark. Powered by Capital Market - Live News

The yen slipped toward 156 per dollar as investors stayed cautious ahead of major policy cues from Japan and the US. Attention is centered on the Bank of Japan�s two-day meeting, where a 25 basis point rate hike to 0.75% is widely expected, driven by persistent food price inflation keeping overall inflation above the 2% target. Markets will closely follow Governor Kazuo Ueda�s remarks for hints on whether rates could rise toward 1% by July next year. Meanwhile, the currency faced additional pressure from renewed worries over Japan�s fiscal health after Prime Minister Sanae Takaichi reiterated plans for proactive fiscal spending to support growth and tax revenues. Powered by Capital Market - Live News

The Indian rupee sustained gains following a good rebound in previous session that revived the counter under Rs 91 per dollar mark. INR opened at Rs 90.35 per dollar and climbed to a high of 90.32 so far during the day. Yesterday, rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar amid suspected aggressive central bank intervention. Rupee`s recent fall against the US dollar was primarily driven by external factors and the high volatility in the forex market is expected to persist amid shifting economic and geopolitical cues. The lack of progress in the US and India trade negotiations and extended selling by foreign portfolio investors have weighed on the sentiment. Meanwhile, Indian shares ended lower for a third consecutive session on Wednesday after overnight data indicated a continued cooling in the U.S. labor market. The benchmark BSE Sensex ended the session down 120.21 points, or 0.14 percent, at 84,559.65, while the broader NSE Nifty index fell 41.55 points, or 0.16 percent, to 25,818.55.Powered by Capital Market - Live News

Rupee closed higher at 90.5050 per Dollar on Wednesday (17 December 2025), versus its previous close of 91.0750 per Dollar.Powered by Capital Market - Live News

The Indian rupee recovered 55 paise from its all-time low level to close at 90.38 (provisional) against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention. Rupee`s recent fall against the US dollar was primarily driven by external factors and the high volatility in the forex market is expected to persist amid shifting economic and geopolitical cues. The lack of progress in the US and India trade negotiations and extended selling by foreign portfolio investors have weighed on the sentiment, while Brent crude oil prices hovering near USD 60 per barrel supported the domestic unit at lower levels. Meanwhile, Indian shares ended lower for a third consecutive session on Wednesday after overnight data indicated a continued cooling in the U.S. labor market. The benchmark BSE Sensex ended the session down 120.21 points, or 0.14 percent, at 84,559.65, while the broader NSE Nifty index fell 41.55 points, or 0.16 percent, to 25,818.55.Powered by Capital Market - Live News