The major challenge came from the 2008 crisis which saw the euro depreciating to near parity against US dollar by 2014.
Merkel said on Monday she would meet the German president to inform him that she had failed to form a coalition government with the Greens and the pro-business Free Democrats (FDP).
RBI might continue to intervene in the market to prevent appreciation that can cause incremental damage to the economy.
Yellen is scheduled to take part in a discussion on global economic issues at London's Royal Academy and a number of other top Fed officials are also due to speak later in the global day.
The trading range for spot USD-INR pair is seen between 64.80-65.20/dollar, says Pramit Brahmbhatt of Veracity.
We expect the USD-INR to trade in a range of 64.80-65.10/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.
We expect the 10-year benchmark bond yield to trade in a range of 6.72-6.77 percent for the day, says Mohan Shenoi of Kotak Mahindra Bank.
The USD-INR pair is expected to take cues from the equity market and how the dollar behaves against other major currencies, says NS Venkatesh of Lakshmi Vilas Bank.
"The company along with its subsidiary, C G International BV, has completed the sale with effect from March 6, upon execution of share purchase agreements and other related transactional documents with Alfanar Electric LLC," Crompton Greaves said in a BSE filing.
We expect the USD-INR to trade in a range of 66.50-67/dollar today, says Pramit Brahmbhatt of Veracity.
The market may look to build on the bullish momentum from previous sessions on Tuesday. Stocks to watch would be Ambuja Cements as well as TCS. The cement major posted strong earnings in December quarter, while TCS announced a major buyback of Rs 16,000 crore.
The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar, says Pramit Brahmbhatt of Veracity.
Greece is embroiled in a row with its eurozone paymasters and the IMF over debt relief and budget targets that has rattled markets and revived talk of its place in the euro.
India's foreign exchange reserves rose by USD 782.7 million to USD 361.557 billion in the week to January 27, helped by increase in foreign currency assets, the Reserve Bank said.
The trading range is seen between 68.10-68.40/dollar till the Reserve Bank of India (RBI) monetary policy, says Tirthankar Patnaik of Mizuho Bank.
Thakur says the company has witnessed an expansion in margins every quarter and is confident of reaching an exit margin of 17.5 percent by the end of current fiscal.
Speadbetters forecast a slightly lower open for Britain's FTSE, Germany's DAX and France's CAC.
According to Angel Broking, Euro currency, in the international market traded lower by 0.18 percent yesterday as lack of important economic datasets from the zone kept the trading volumes light in turn prompting traders to focus on international events for placing bets.
Rupee is likely to recover today in line with other currencies. USD-INR expected trading range for the day 67.70 to 68, says Mohan Shenoi of Kotak Mahindra Bank.
The rupee is likely to take cues from the equity market movement and is expected to trade in the range of 68.20-68.55/dollar today, says NS Venkatesh of Lakshmi Vilas Bank.
Germany, France and the Netherlands are scheduled to hold general elections in 2017. Anti-immigration and populist parties are gaining popularity in these three nations.
We expect the USD-INR pair to trade in a range of 67.80-68.20/dollar today, says Pramit Brahmbhatt of Veracity.
USD-INR is expected to trade within 67.80-68.10/dollar range, says Bhaskar Panda of HDFC Bank.
MSCI's broadest index of Asia-Pacific shares outside Japan was little changed early on Friday.