Spot gold was little changed at $1,677.04 per ounce by 10:34 a.m. ET (1534 GMT), after rising more than 3% to its highest since Oct. 13 at $1,681.69 on Friday.
Against the weakening dollar, the euro and sterling edged up to $0.9889 and $1.1494, respectively.
Politics is the key thing in Greece says Sarah Hewin, senior economist at Standard Chartered Bank. According to her, there is potential for Euro to drop below 1.30 over the course of the next few months
The rupee is expected to tread water early on Tuesday as investors await the election results in Uttar Pradesh.
Commodities T Gnanasekar of Commtrendz spoke to CNBC-TV18 about the trend he sees in asset classes other than equities.
Abhijit Chakraborty, senior VP of institutional equity at Fortune Equity Brokers spoke to CNBC-TV18 about where he sees the market moving to.
Imran Zaheer Ahmad, FX Strategy & Research Head, RBS Global Banking & Markets expects the rupee to strengthen against the dollar to around 44 levels in the coming weeks. “I think there will be further gains in the INR in the weeks ahead, at least, until the next LTRO at the end of February,” he said.
How is trade going to be today? Will we cross the psychological 5000? What are the cues? Listen in!
Samir Arora of Helios Capital tells CNBC-TV18 that power sector lenders are liklely to remain under pressure, but the rupee movement will support IT.
Stephane Deo, chief European economist, UBS AG spoke to CNBC-TV18 about the outlook for euro and the European markets.
The rupee slid to a two-week low mid-trade on oil importer buying and weak equities. The Indian currency however ended flat on the back of reported dollar sales by RBI.
CNBC-TV18 catches up with Kishore Narne of Anand Rathi Commodities to figure out what he thinks of where the precious metal is headed.
CNBC-TV18 catches up with Anant Narayan, regional head of fixed income & currency trading- South Asia, Standard Chartered Bank to get his perspective on where the rupee is headed.
Partho Mukherjee, president-treasury & international banking, Axis Bank tells CNBC-TV18 that the Indian currency can recover to stronger levels than the Rs 52 per dollar, going ahead.
A shift in focus from eurozone worries to a bettering US economy helped Wall Street end higher by 2%. Jobless claims in the US dropped to a three and a half year low last week that lent to the cheer.
Sanju Verma of Violet Arch Capital Advisors spoke to CNBC-TV18 about her outlook on the market today.
Looks like the Nifty has too many hurdles to pass on the global front. European equities slid nearly 3% pulling US alongside. Asia has opened in the red and commodities have crashed acros the board.
Check out the pre-market summary for cues on today's opening.
CNBC-TV18 learns that the finance ministry is looking to reduce the lock-in period for infrastructure bonds to one year from the current five years. Aakanksha Sethi has the exclusive report.
Speaking to CNBC-TV18, Nilesh Shah of Axis Direct points to high gold imports as the reason for weakness in rupee.
Montek Singh Ahluwalia, deputy chairman, Planning Commission of India, has yet again stirred up a storm with his comments about inflation and his criticism of its analysis. CNBC-TV18 catches up with him to clear the air.
The rupee should hover near 32-month lows on Wednesday as foreign fund outflow worries heighten on fears that Europe's debt crisis was spreading to its core euro zone members like France.
It was only yesterday that we were looking at a positive week ahead, but global situations seem to cast a gloom over Indian market aspirations. Check out the cues.
Japan's finance minister said on Saturday he would take decisive action against excessive and speculative yen moves, Kyodo news agency reported, threatening to conduct currency intervention after the yen rose to a record high against the dollar.