Indian rupee poised to test record low as oil prices, US yields climb - Markets

Not enough comparable past events yet for a historical read.

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Oct 30, 2023India rupee likely to struggle despite relief for Asian peers - Markets - Business Recorder-4.9%
• Jan 27, 2022Bond yields rise, rupee falls on US Federal Reserve policy and crude prices | News on Markets - Business Standard-0.2%
• Jun 28, 2018Indian rupee hits record low against US dollar; RBI intervenes - The Business Times+0.7%
• Apr 30, 2026Rupee hits fresh low past 95/$ as oil surge pushes bond yields above 7% | Markets News - Business Standard-15.3%
• Apr 3, 2023Palm posts biggest jump in two months after crude oil rally - Markets - Business Recorder+7.4%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Oct 21, 2022Indian rupee little changed after initial losses; US yields, RBI eyed - Markets - Business Recorder-1.0%
• Jun 30, 2023Indian rupee to struggle on more Fed rate hike bets; US yields surge - Markets - Business Recorder-0.4%
• Mar 15, 2024Indian rupee poised to weaken as Fed rate cut expectations recede more - Markets - Business Recorder+0.5%
• Apr 26, 2024Indian rupee to see muted reaction to US inflation flare-up - Markets - Business Recorder-0.3%
• Jan 31, 2024Indian rupee to weaken as odds of Fed rate cut in March diminish - Markets - Business Recorder+0.3%