The dollar weakened due to Trump’s potential shift in tariff talks and expectations of Federal Reserve rate cuts. The euro reached a seven-week high. Sterling rose, while the Australian and New Zealand dollars saw slight increases. U.S. consumer prices rose less than expected in May. A fragile truce in the U.S.-China trade war was restored after talks in London.
Sandip Sabharwal sees strength in financials, warns of IT sector headwinds
India’s top IT firms reported mixed earnings, grappling with near-term pressures and AI-driven structural shifts, leading to subdued growth forecasts. While IT valuations have become
April 24, 2026