USD/CAD gains ground near 1.3655 in Monday’s Asian session. The political uncertainty boosts the safe-haven currency, benefitting the US Dollar. Prospects of more rate cuts by...
Gold price extends the decline around $2,405 in Monday’s early Asian session. The US PPI unexpectedly accelerated in June to its highest rate since March 2023. ...
AUD/USD weakens near 0.6770 in Monday’s early Asian session. US PPI climbed more than expected in June on a margin pickup at service providers. The RBA’s...
The US Dollar back in red numbers after PPI release. Markes see pressure building on President Biden with Obama issuing concerns. The US Dollar index falls...
The Japanese Yen edges lower as the US Dollar improves due to higher Treasury yields. Japanese Chief Cabinet Secretary Yoshimasa Hayashi has expressed readiness to utilize...
The Indian Rupee weakens in Friday’s Asian session. The renewed demand for US Dollar and recovery of crude oil prices undermine the INR. India’s Consumer Price...
WTI price receives support as easing inflation data has heightened expectations of a Fed rate cut in September. The US Consumer Price Index declined by 0.1%...
The Australian Dollar declines possibly due to risk aversion on Friday. The AUD may limit its downside due to rising expectations of the RBA maintaining a...
USD/JPY gains ground around 159.10 in Friday’s early Asian session, up 0.19% on the day. Traders raised their bets on Fed rate cuts in September after...
USD/CAD weakens around 1.3630 in Friday’s early Asian session. The softer US June inflation readings increased Fed rate cut bets. The recovery of crude oil prices...
The US Dollar eases ahead of a packed data release on Thursday. President Biden faces setbacks from famous supporters calling for him to step down. The...
The Indian Rupee edges higher in Thursday’s Asian session. The persistent Indian foreign inflows and a fall in crude oil prices support the INR. The US...
NZD/USD rebounds to 0.6090 in Thursday’s early Asian session. The RBNZ held its policy rate at its July meeting and delivered a less hawkish tone. Fed’s...
USD/CAD trades on a weaker note around 1.3615 in Thursday’s early Asian session. Fed’s Powell said the central bank will cut rates when ready, regardless of...
The US Dollar turns flat this week and trades relatively steady at current levels. Traders will feast on no less than four Fed speakers on Wednesday. ...
Silver price appreciates due to concerns over escalation of the Middle East conflict. Israeli forces deepened their offensive operations in northern and central Gaza on Wednesday....
Here is what you need to know on Wednesday, July 10: Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the...
AUD/NZD gains momentum around 1.1075 in Wednesday’s Asian session, up 0.63% on the day. The RBNZ maintained the Official Cash Rate (OCR) unchanged at 5.50% at...
The Indian Rupee edges lower in Wednesday’s Asian session. The renewed US Dollar demand might weigh on the local currency, while sustained Indian foreign inflows could...
The US Dollar ticks up on the back of Powell’s testimony. Powell warns for easing too soon. The US Dollar index hovers around 105.00 with a...