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India FX Reserves, USD: $652.87B (December 9) vs previous $654.86B

Crude Oil set for weekly loss as Fed cuts off any rally attempt

Crude Oil prices dips lower for the fifth consecutive day in a row on Friday. The mood soured overnight again as investors got concerned about the Federal Reserve’s (Fed) hawkish tilt, which could quickly kill off any economic boosts from the Trump
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USD/JPY dips to test a previous top at 156.60 following hot Japanese inflation

The Yen is picking up from five-month lows on Friday, supported by a somewhat softer US Dollar and hot Japanese inflation figures.
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