Dollar on rates-watch as traders wait on loans data

The dollar is stagnant after last week’s drop when the Federal Reserve hinted at the end of the U.S. rate increase cycle. The focus is now on U.S. inflation and bank lending data. Sterling is hovering just below an 11-month high and will be monitored ahead of the Bank of England rate increase on Thursday

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6 penny stocks soared 20-60% in a week

Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume