The US, the Dow gave up much of a
120 points intra-day rally as Syrian fears escalated and markets still squeezed
out small gains supported by positive economic data on Tuesday. European shares
closed down in choppy trade.
US economic data bolstered
expectations the Federal Reserve will start scaling back stimulus this month.
The euro-dollar traded at 1.316 and the yen stood at 99.5/USD. The rupee lost
ground breaching the 68-per-dollar mark on Tuesday, before RBI intervention
lifted the currency off the day’s lows.
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