WTI trades in negative territory for the third consecutive day near $67.00 in Friday’s Asian session. The prospect of more oil output drags the WTI price...
Indian Rupee softens in Friday’s Asian session. The month-end importer USD bids and likely position unwinding weigh on the INR. The US August PCE Price Index...
USD/JPY gather strength around 145.20 in Friday’s early Asian session, gaining 0.26% on the day. Tokyo CPI rose 2.2% YoY in September vs. a 2.6% rise prior....
The People’s Bank of China (PBOC) cut the seven-day repo rate to 1.5% from 1.7% on Friday. Additionally, the Chinese central bank announced to cut the...
Pound Sterling gains against US Dollar as traders brace Fed Powell’s speech The Pound Sterling (GBP) rebounds slightly from the key support near 1.3300 against the...
The US Dollar bounces back into September’s range and holds near yearly lows on Thursday. Besides a big slew of data, a bunch of Fed speakers...
The Japanese Yen receives downward pressure as traders expect the BoJ to delay further rate hikes. The BoJ Meeting Minutes highlighted a consensus among members on...
Indian Rupee steadies in Thursday’s Asian session. A rally in the Chinese Yuan and USD sales from local importers might boost the INR. Investors will monitor...
The Australian Dollar gains ground as the RBA and Fed adopt different policy outlooks. The Reserve Bank of Australia is highly expected to keep interest rates...
NZD/USD trades with mild gains near 0.6260 in Thursday’s Asian session. Fed’s Kugler said she strongly supported half-point rate cut. China’s rate cuts and new stimulus...
USD/JPY loses traction around 144.60 in Thursday’s early Asian session, down 0.10% on the day. Dovish Fed and rising bets on jumbo rate reduction weigh on...
The US Dollar bounces off this year’s low for now. Recession fears could pick up Thursday when US GDP would ease further. The US Dollar Index...
Indian Rupee gathers strength in Wednesday’s early European session. Improved risk appetite and a weakening USD support the INR. Investors await the US August New Home...
NZD/USD has marked a nine-month high of 0.6355 on Wednesday. The New Zealand Dollar gains ground as the largest export partner China has injected fresh monetary...
The Australian Dollar holds ground amid China’s fresh stimulus measures. Australia’s Monthly Consumer Price Index increased 2.7% YoY in August, falling short of expected 2.8% rise and previous...
Australia’s monthly Consumer Price Index (CPI) declined by 2.7% in the year to August, compared to a 3.5% increase seen in July, according to the data published by...
The European Central Bank (ECB) governing council member Klaas Knot said on Tuesday that the central bank is likely to continue to cut interest rates at...
NZD/USD gains ground due to risk-on sentiment amid dovish Fedspeak. Minneapolis Fed President Kashkari anticipates additional rate cuts in 2024, although expects them to be smaller...
GBP/USD marked its 31-month high level of 1.3359, recorded on Monday. The US Dollar receives downward pressure due to dovish Fedspeak. UK Prime Minister Starmer has...
The Japanese Yen may struggle as the BoJ appears to be in no rush to raise interest rates. Japan’s Finance Minister Suzuki has expressed his expectation...