{"id":56850,"date":"2026-08-20T02:30:27","date_gmt":"2026-08-20T02:30:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-asia\/uncategorized\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/"},"modified":"2026-08-20T02:30:27","modified_gmt":"2026-08-20T02:30:27","slug":"rupee-will-rely-on-powells-testimony-to-end-deadlock","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/","title":{"rendered":"Rupee will rely on Powell&#8217;s testimony to end deadlock"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Key points<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The rupee&#8217;s non-deliverable forwards indicate an opening range of 83.48-83.50 per U.S. dollar.<\/li>\n\n\n\n<li>Investors anticipate Powell&#8217;s comments for clues on potential rate cuts.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\">The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell&#8217;s testimony before Congress. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rupee&#8217;s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Opening range and expectation<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/07\/USDINR-VTMarkets-9July-1024x463.jpeg\" alt=\"The image shows a candlestick chart of the USD\/INR (Symbol: USDINR-ECN) on a daily timeframe, representing the price movement of the US Dollar against the Indian Rupee. The trend is flat at 0.00%, with the open, close, high, and low prices all at 83.557. The chart features several technical indicators: Moving Averages (MA) with periods of 5, 10, 20, and 30, which depict the average price over these timeframes, and the volume bars at the bottom, indicating the number of trades executed. Additionally, the MACD (Moving Average Convergence Divergence) indicator at the bottom assists in identifying changes in the strength, direction, momentum, and duration of a trend in the asset's price. \" class=\"wp-image-14107\" style=\"width:1450px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>See: Indian rupee trading at 83.557 as seen on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Non-deliverable forwards suggest the rupee will open at 83.48-83.50 to the U.S. dollar, close to the previous session&#8217;s 83.4925. This narrow range reflects the cautious sentiment prevailing among traders as they await Powell&#8217;s insights. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A currency trader at a bank noted that the risk lies in Powell potentially adopting a more dovish stance than expected. Such a scenario could suppress the dollar, possibly breaking the rupee out of its current range.<br><br><strong>You might be interested: <a href=\"https:\/\/www.vtmarkets.com\/analysis\/rupee-likely-to-find-support-from-expected-inflows-as-us-yields-rise\/\">Rupee likely to find support from expected inflows as US yields rise<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Powell&#8217;s testimony and market sentiment<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Powell&#8217;s testimony, scheduled for Tuesday and Wednesday, follows a series of softer U.S. economic data. Last week&#8217;s data showed the U.S. unemployment rate reached a 2.5-year high, and the <a href=\"https:\/\/x.com\/markets\/status\/1786402168968220911\">services sector activity fell to a four-year low<\/a>. These developments have led to a decline in U.S. Treasury yields and a near 1% drop in the dollar index.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Market reactions and indicators<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In response to the economic data and anticipation of Powell&#8217;s comments, the dollar index stands at 105.02. <a href=\"https:\/\/www.vtmarkets.com\/analysis\/oil-prices-hover-at-high-with-summer-demand-and-rate-cut-hopes\/\">Brent crude futures<\/a> are down 0.2%, trading at $85.6 per barrel, while the ten-year U.S. note yield is at 4.28%. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Foreign investors bought a net $379.6 million worth of Indian shares on July 5 and a net $59.5 million worth of Indian bonds on the same day.<br><strong><br><\/strong>The Indian rupee&#8217;s immediate future hinges on Powell&#8217;s testimony and its implications for U.S. monetary policy. As investors await his insights, the rupee&#8217;s tight range suggests a cautious market approach, ready to react to any shifts in the economic landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Start trading now \u2014 click <\/strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\"><strong>here<\/strong><\/a><strong> to create your live VT Markets account.<\/strong><\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-asia\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:14106 -->","protected":false},"excerpt":{"rendered":"<p>Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell&#8217;s testimony before Congress. The rupee&#8217;s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening <a href=\"https:\/\/www.vtmarkets.com\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-56850","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-08-20T02:30:27+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-08-20T02:30:27+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vtmarketsglobal\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@vtmarketsglobal\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#blogposting\",\"name\":\"Rupee will rely on Powell\\u2019s testimony to end deadlock - VT Markets\",\"headline\":\"Rupee will rely on Powell&#8217;s testimony to end deadlock\",\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/author\\\/josephine\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/USDINR-VTMarkets-9July-1024x463.jpeg\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#articleImage\"},\"datePublished\":\"2026-08-20T02:30:27+00:00\",\"dateModified\":\"2026-08-20T02:30:27+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#webpage\"},\"articleSection\":\"Today's Analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/category\\\/analysis\\\/#listItem\",\"position\":2,\"name\":\"Today's Analysis\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/category\\\/analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#listItem\",\"name\":\"Rupee will rely on Powell&#8217;s testimony to end deadlock\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#listItem\",\"position\":3,\"name\":\"Rupee will rely on Powell&#8217;s testimony to end deadlock\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/#organization\",\"name\":\"VT Markets\",\"description\":\"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/\",\"telephone\":\"+27101412968\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vtmarketsglobal\\\/\",\"https:\\\/\\\/x.com\\\/vtmarketsglobal\",\"https:\\\/\\\/www.instagram.com\\\/vtmarkets\\\/\",\"https:\\\/\\\/www.tiktok.com\\\/@vtmarketsglobal\",\"https:\\\/\\\/youtube.com\\\/@vtmarkets\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/vt-markets\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/\",\"name\":\"Rupee will rely on Powell\\u2019s testimony to end deadlock - VT Markets\",\"description\":\"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\\u2019s testimony before Congress. The rupee\\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/analysis\\\/rupee-will-rely-on-powells-testimony-to-end-deadlock\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/author\\\/josephine\\\/#author\"},\"datePublished\":\"2026-08-20T02:30:27+00:00\",\"dateModified\":\"2026-08-20T02:30:27+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-asia\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets","description":"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading","canonical_url":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":"&lt;script type=\"text\/javascript\"&gt; (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); &lt;\/script&gt;"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#blogposting","name":"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets","headline":"Rupee will rely on Powell&#8217;s testimony to end deadlock","author":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/author\/josephine\/#author"},"publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/07\/USDINR-VTMarkets-9July-1024x463.jpeg","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#articleImage"},"datePublished":"2026-08-20T02:30:27+00:00","dateModified":"2026-08-20T02:30:27+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#webpage"},"isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#webpage"},"articleSection":"Today's Analysis"},{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/en-asia","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/#listItem","name":"Today's Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/#listItem","position":2,"name":"Today's Analysis","item":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#listItem","name":"Rupee will rely on Powell&#8217;s testimony to end deadlock"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#listItem","position":3,"name":"Rupee will rely on Powell&#8217;s testimony to end deadlock","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/#listItem","name":"Today's Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/en-asia\/#organization","name":"VT Markets","description":"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets","url":"https:\/\/www.vtmarkets.com\/en-asia\/","telephone":"+27101412968","sameAs":["https:\/\/www.facebook.com\/vtmarketsglobal\/","https:\/\/x.com\/vtmarketsglobal","https:\/\/www.instagram.com\/vtmarkets\/","https:\/\/www.tiktok.com\/@vtmarketsglobal","https:\/\/youtube.com\/@vtmarkets","https:\/\/www.linkedin.com\/company\/vt-markets\/"]},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/en-asia\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/en-asia\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#webpage","url":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/","name":"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets","description":"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/author\/josephine\/#author"},"datePublished":"2026-08-20T02:30:27+00:00","dateModified":"2026-08-20T02:30:27+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/en-asia\/#website","url":"https:\/\/www.vtmarkets.com\/en-asia\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-asia\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets","og:description":"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading","og:url":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/","article:published_time":"2026-08-20T02:30:27+00:00","article:modified_time":"2026-08-20T02:30:27+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Rupee will rely on Powell\u2019s testimony to end deadlock - VT Markets","twitter:description":"Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell\u2019s testimony before Congress. The rupee\u2019s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"56850","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-08-20 09:44:18","breadcrumb_settings":null,"limit_modified_date":false,"open_ai":null,"ai":null,"created":"2026-08-20 02:30:27","updated":"2026-08-20 09:44:18","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tRupee will rely on Powell\u2019s testimony to end deadlock\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-asia"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-asia\/category\/analysis\/"},{"label":"Rupee will rely on Powell&#8217;s testimony to end deadlock","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/rupee-will-rely-on-powells-testimony-to-end-deadlock\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=56850"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/56850\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=56850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=56850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=56850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}