Galaxy Finance USD Price & Performance (GLFUSD)

The Indian rupee opened at 85.94 against the US dollar, rising 3 paise from the previous close. This comes as the Reserve Bank of India prepares for a $10 billion USD/INR Buy/Sell swap auction today, injecting liquidity into the market. The rupee had its strongest week in over two years last week.12

Traders are closely monitoring the US dollar as the White House scales back its April 2 tariff plans. The dollar index hovered near 104.15, while the euro and yen saw slight movements. Meanwhile, global markets responded positively to the news, with the Australian dollar and other currencies gaining ground.34

US futures markets showed strong gains early Monday, with the S&P 500 futures up 1.2%. Bitcoin and Ethereum also rallied, reflecting bullish sentiment. The crypto market's total capitalization reached $2.3 trillion, indicating increased trading activity as the quarter's final week begins.52