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The Indian rupee traded under pressure versus the dollar on Thursday despite declines in both the dollar and oil. After US July CPI slowed, markets eased near-term Fed rate-hike fears and the dollar softened. Brown Brothers Harriman analysts said the

2026-08-13

The Indian rupee traded under pressure versus the dollar on Thursday despite declines in both the dollar and oil. After US July CPI slowed, markets eased near-term Fed rate-hike fears and the dollar softened. Brown Brothers Harriman analysts said the US inflation print prompted a mild dovish shift in rate expectations, cutting fed funds futures’ September hike probability from about 50% to 35%. Currencies of oil-import-dependent economies such as India typically underperform when oil prices are elevated.

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2026-08-13

Spain July harmonized CPI (HICP) final MoM 0.0% vs -0.1% forecast; June final -0.1%.

Spain July harmonized CPI (HICP) final MoM 0.0% vs -0.1% forecast; June final -0.1%.
2026-08-13

UK Q2 GDP preliminary annualized 1.2% vs 1.10% expected; prior 0.90%.

UK Q2 GDP preliminary annualized 1.2% vs 1.10% expected; prior 0.90%.
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