The Indian Rupee's making a splash in forex. It's gaining on the USD. Why? There's buzz about a US-India trade deal. Trump's been chatting on Truth.Social. Seems hopeful.



He's talking about a "successful conclusion" with Modi, his "very good friend". Modi's on board too. He tweeted about "limitless potential" between the countries.

Things were rough before. US jacked up tariffs on Indian imports. 50%! That was in August. All because India bought oil from Russia. But the wind's changing.

FIIs are buying Indian equities again. They snapped up ₹2,050.46 crores on Tuesday. The Nifty50's feeling it. Up 0.56%, around 25,000. Market's excited.

What's next? Everyone's eyeing US economic data. PPI and CPI for August. Big stuff. Might sway the Fed on interest rates next week.

Tech-wise, USD/INR's hanging around 88.25. Bullish above the 20-day EMA at 87.85. RSI's near 60.00. Could go higher if it sticks there.

The Rupee's still dancing to global tunes. Oil prices, foreign cash flows, RBI policies - they all matter. But this US-India trade optimism? It's kind of a big deal for the Rupee right now.
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