Vatee万腾外汇：美印达成重磅贸易协议，印度卢比应声上涨

Group 1 - The Indian Rupee has shown signs of recovery due to improved equity inflows, with foreign investors net buying approximately $250 million in Indian stocks, bringing the total for the month to about $1.5 billion, a significant turnaround from nearly $4 billion outflow in January [1] - The recent temporary trade framework between the US and India is a key factor supporting the Indian Rupee, aimed at reducing bilateral tariffs and enhancing economic cooperation, resulting in the strongest weekly gain for the Rupee in over three years [1][2] - The trade agreement includes India committing to purchase over $500 billion in US goods while reducing or eliminating tariffs on various US industrial and agricultural products, which is expected to bolster trade relations and stabilize the Rupee [2] Group 2 - The overall weakening of the US Dollar has indirectly affected the USD/INR exchange rate, with the Dollar Index declining for three consecutive days, currently around 96.80 [2] - Market consensus suggests that the Federal Reserve will likely maintain interest rates in March, with the first rate cut expected in June, influenced by easing inflation expectations [3] - Discrepancies among Federal Reserve officials regarding economic conditions and inflation risks have heightened market caution towards the Dollar, amplifying its volatility [4] Group 3 - Technical analysis indicates a bearish trend for the USD/INR pair, with current trading around 90.80, below the critical resistance level of 91.00 [6] - Initial support is identified at approximately 90.50, with potential declines to 89.50 if this level is breached, while resistance is noted at 90.90, with further gains possible towards the historical high of 92.51 [6]