Dollar drifts as investors await Fed governor replacement

August 6, 2025

The dollar remained rangebound as investors awaited President Trump’s Federal Reserve Board nominee. U.S. services sector activity flatlined in July, highlighting the impact of tariffs. Despite this, the dollar’s movements were muted, with traders hesitant to take positions before the Fed announcement.

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Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention

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Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale

Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate

December 8, 2025

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