Mumbai, July 25 -- INR fell in opening trades against the dollar on Friday tracking a bounce back in dollar overseas following mixed US economic data. Data from the United States revealed that the number of Americans filing for unemployment benefits dipped below forecasts, suggesting a strong labour market. However, the S&P Global Manufacturing PMI fell into contraction territory, signaling weakness. Meanwhile, US Treasury yields rose with the 10-year Treasury note climbing three basis points up to 4.416% and the US Dollar Index (DXY), which tracks the greenback's performance against a basket of six currencies, is up 0.24% at 97.36. Investors now await the US Durable Goods Orders for June, which is due later on Friday. Meanwhile, rebound ...
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