OVERVIEW
- The Greenback comeback is stronger as trade tensions ease.
- JPY near a 7-week low on monetary policy divergence.
- WTI pushing towards the $75.00 a barrel, up 70 cents.
HIGHLIGHT
The Indian Rupee remains under pressure as the Greenback rebounds on waning trade war worries. Sustained capital outflows and higher crude oil prices continue to haunt the INR. The currency remains at the bottom of the pile as the worst performer among the Asian currencies.