STARTRADER星迈：静待美联储政策指引，卢比升至90关口附近！

Group 1 - The USD/INR exchange rate is approaching the 90.00 mark, indicating a strengthening of the Indian Rupee, influenced by the upcoming visit of U.S. Deputy Trade Representative Rick Swett to India on December 10-11 to discuss trade issues [1][3] - A key focus for India in the trade talks is to push the U.S. to lower existing tax rates on certain Indian exports, which currently face rates as high as 50%, relatively high among major U.S. trading partners [3] - Foreign institutional investors have shown a declining interest in the Indian market, with a cumulative net sell-off of ₹14,819.29 million since the beginning of December, marking five consecutive months of capital outflow [3] Group 2 - Upcoming economic data, particularly the November Consumer Price Index (CPI) set to be released, is under scrutiny, with expectations of an increase in retail inflation to 0.7% from 0.25% in October, serving as a reference for the domestic economic situation [3] - Market sentiment is cautious ahead of the Federal Reserve's monetary policy decision, with investors closely watching for indications of future interest rate paths, contributing to the further appreciation of the Indian Rupee against the USD [3][4] - The U.S. Dollar Index has slightly declined, hovering around 99.20, with market expectations leaning towards a 25 basis point rate cut by the Federal Reserve in December, marking a potential third consecutive cut [4] Group 3 - The USD/INR exchange rate is trading around 90.00, maintaining above the 20-day exponential moving average (EMA) of 89.6463, indicating a solid trend structure [6] - The 14-day Relative Strength Index (RSI) is currently at 62, having retreated from previous highs, suggesting strong momentum but a potential easing [6] - Sustaining above the 20-day EMA is crucial for maintaining the current trend, while a close below this level could trigger further adjustments, with market attention shifting to previous highs around 88.97 [6]