RBI cuts key rates by 25bps to 6.25%

The Reserve Bank of India (RBI) cut its benchmark interest rates by 25bps to 6.25% at its policy review meeting today.

Key Details:

Reverse repo rate under the LAF stands adjusted to 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate to 6.75 %

RBI cuts repo rate by 0.25% to 6.25%.

USD/CHF poised for a re-test of the 0.9800 area – Commerzbank

In opinion of Karen Jones, Head of FICC Technical Analysis Research at Commerzbank, the recent price action in spot opens the door for a potential tes
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USD/JPY clings to strong gains above 102.00 handle

The USD/JPY pair maintained its strong bid tone and is now sustaining its move beyond 102.00 handle, albeit finding some resistance near mid-102.00s.
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