Here is what you need to know on Tuesday, July 9: The US Dollar stays resilient against its major rivals early Tuesday, with the US Dollar...
EUR/USD continues to rise despite the initial surprise from France’s election results. A leftist alliance unexpectedly took the lead and kept Marine Le Pen’s far-right party...
The Indian Rupee trades in negative territory on Tuesday. The local currency declines on the back of a firmer US Dollar and fears of disruption in...
The Japanese Yen struggles due to overseas asset purchases by Japanese individuals through the NISA program. The BoJ is set to evaluate a viable strategy for...
The Australian Dollar gains ground due to expectations that the RBA might lag in the global rate-cutting cycle. Australia’s 10-year government bond yield rises to near...
The Gold price attracts some sellers below the $2,400 barrier on Monday. Yellow metal loses traction as China’s Central Bank has stopped buying for the second month...
The Australian Dollar recovers losses as high inflation prompts the RBA to delay rate cuts. Australia’s May inflation has sparked warnings that the RBA might raise...
The Japanese Yen appreciates as US Dollar faces challenges following weaker-than-expected US employment growth data released on Friday. Japan’s Current Account surplus increased to ¥2,849.9 billion...
Official data on Sunday showed that the People’s Bank of China (PBoC), China’s central bank, didn’t buy any gold to its reserves for a second consecutive...
EUR/USD loses ground around 1.0830 in Monday’s early Asian session. Polls suggested the final round of the French parliamentary elections pointed to a hung parliament, weighing...
AUD/USD trades on a weaker note around 0.6745 in Monday’s early Asian session. US NFP rose 206K in June versus 218,000 prior, better than the estimated. ...
In a shock result, polls indicated the left-wing New Popular Front (NFP), led by Jean-Luc Mélenchon, seems to be on track to win the most seats...
The US Dollar retreats for a fourth straight day this week. Nonfarm Payrolls print stronger, though unemployment rate disappoints. The US Dollar index drifts back below...
EUR/GBP trades with a mild bearish bias around 0.8475 in Friday’s early European session. Labour Party has won 337 seats in the parliamentary election, implying it...
Key points Nvidia briefly became the world’s most valuable company in June, but suffered a record-breaking three-day loss in the same week This was arguably the...
The Indian Rupee loses traction in Friday’s Asian session. Higher crude oil prices and persistent local US Dollar (USD) demand weigh on the INR. Investors await...
USD/CAD trades in negative territory for the fourth consecutive day near 1.3605 in Friday’s early Asian session. The recent discouraging US economic data have fuelled the...
USD/JPY trades on a stronger note near 161.40 in Friday’s early Asian session. The divergence of monetary policy between Japan and the US continues to undermine the...
UK’s Labour Party, led by Keir Starmer, appears to be headed for a huge majority in the 2024 UK election, an exit poll suggested. An exit poll said Labour is...
NZD/USD gains ground as US Dollar improves on rising odds of Fed rate cuts in 2024. The US ISM Services PMI dropped to 48.8 in June,...