A rising yen dragged the dollar broadly lower in early trade on Monday, with markets on alert about the prospect of intervention in the yen and investors cutting dollar positions ahead of a Federal Reserve meeting and possible Fed chair announcement.
Markets overlooking macro stress, says Kunal Vora amid oil and currency shock
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market