The Indian rupee is likely to open largely unchanged on Monday, despite a drop in U.S. Treasury yields and the dollar after the monthly U.S. jobs report made it more likely that the Federal Reserve will cut interest rates later in the year. Non-deliverable forwards indicate the rupee will open flat from 83.4150 in the previous session. The 10-year U.S. Treasury yield dropped to the lowest in three weeks on Friday after the world's largest economy added fewer jobs than expected.
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.