{"id":99683,"date":"2020-05-01T07:35:55","date_gmt":"2020-05-01T11:35:55","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=99683"},"modified":"2020-05-01T12:15:03","modified_gmt":"2020-05-01T16:15:03","slug":"103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\/","title":{"rendered":"USD\/INR: Dollar Strength Ends Indian Rupee 4-Day Winning Streak"},"content":{"rendered":"<p>The US dollar is higher against the Indian rupee on Friday.<\/p>\n<p>The <a href=\"http:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US dollar<\/a> was rebounding from a post-Federal Reserve meeting rout and ended a 4-day losing streak against the Indian rupee.<\/p>\n<p>Asian assets, including the Indian rupee were generally on the soft side thanks to more anti-China comments from US President Donald Trump that some investors fear could lead to escalating trade tensions.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-inr-exchange-rate-today\/\">USD\/INR<\/a> was up by 70 pips (+0.94%) to 75.78 as of 10am GMT.<\/p>\n<p>The currency pair found support at the 95 level and rebounded strongly but stalled ahead of 76. The exchange rate dropped -0.5% yesterday and is -0.71% on the week.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-inr-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time USD to INR exchange rate<\/span><\/a><\/div>\n<h2>INR: Indian rupee ends 4-day winning streak<\/h2>\n<p>Asian shares ticked lower, as did the Indian rupee on Friday in a retreat from the positive mood on display for most of the week, which had been driven by the easing of lockdowns and hopes for a coronavirus treatment.<\/p>\n<p>But rising tensions between the US and China were weighing especially on Asian markets with large parts of Europe closed for the May Day holiday.<\/p>\n<p>US President Donald Trump has claimed that he has seen evidence the coronavirus started in the Wuhan Institute of Virology laboratory rather than in Wuhan\u2019s wet markets, something that has been suspected by some portions of the public too. Trump warned on Thursday evening that dealing with China\u2019s response to the virus outbreak is now his administration\u2019s top priority.<\/p>\n<h2>USD: US dollar rebounds on first day of May<\/h2>\n<p>US officials are reportedly looking at ways to punish China or demand compensation for the pandemic that has brought the world economy to its knees. Similar legal cases have been put forward in other countries including the UK.<\/p>\n<p>Trump was asked by journalists whether he would consider cancelling part of the US debt obligations to China but responded that he would rather add new tariffs.<\/p>\n<p>The prospect of an escalation in the trade war is a background risk to markets that could become more prominent should the US government, perhaps in concert with other nations, decide to take action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar is higher against the Indian rupee on Friday. The US dollar was rebounding from a post-Federal Reserve meeting rout and ended a 4-day losing streak against the Indian rupee. Asian assets, including the Indian rupee were generally on the soft side thanks to more anti-China comments from US President Donald Trump that [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5306,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1693,1381],"tags":[2139,1438,1666,2374,1398,1862],"class_list":{"0":"post-99683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inr","8":"category-usd","9":"tag-coronavirus","10":"tag-federal-reserve","11":"tag-inr","12":"tag-lockdown","13":"tag-usd","14":"tag-usd-inr"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/INR: Dollar Strength Ends Indian Rupee 4-Day Winning Streak - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"USD\\\/INR: Dollar Strength Ends Indian Rupee 4-Day Winning Streak\",\"datePublished\":\"2020-05-01T11:35:55+00:00\",\"dateModified\":\"2020-05-01T16:15:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/\"},\"wordCount\":384,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100871-gbp-usd-referendum-optimism.jpg\",\"keywords\":[\"coronavirus\",\"federal reserve\",\"inr\",\"lockdown\",\"usd\",\"usd\\\/inr\"],\"articleSection\":[\"INR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103120-usd-inr-dollar-strength-ends-indian-rupee-4-day-winning-streak\\\/\",\"name\":\"USD\\\/INR: Dollar Strength Ends Indian Rupee 4-Day Winning Streak - 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