AUD/USD trades in positive territory for three straight days near 0.6715 in Thursday’s early European session. The upbeat Australian economic data fueled arguments that the RBA...
The USD/JPY corrects from a 38-year high of 161.95. The Nikkei 225 Index rises to nearly 40,700 points, buoyed by gains seen on Wall Street overnight....
The Indian Rupee loses momentum on Thursday despite the softer US Dollar. The renewed USD demand and higher US bond yields might lift the pair, while...
Australia’s trade surplus narrowed to 5,773M MoM in May versus 6,678M expected and 6,548M in the previous reading, according to the latest Aussie foreign trade data published...
Federal Reserve Bank of Chicago President Austan Goolsbee on Thursday discussed the economic outlook on BBC Radio. Goolsbee said that getting inflation back to 2% will take...
The US Dollar is a touch softer on Wednesday ahead of FOMC Minutes. Markets are easing their positions on the US Dollar after Fed’s Goolsbee calls...
Here is what you need to know on Wednesday, July 3: The US Dollar (USD) struggles to find demand early Wednesday but the Japanese Yen trades...
The Indian Rupee trades on a flat note in Wednesday’s Asian session. India’s foreign portfolio inflows and lower crude oil prices support the INR. Market players...
The Australian Dollar gains ground due to the release of solid economic data on Wednesday. Australia’s Retail Sales rose by 0.6% MoM in May, surpassing both...
USD/CAD trades on a softer note around 1.3675 in Wednesday’s early Asian session. Fed’s Powell sees progress on inflation, but he wants to see further evidence...
The US Dollar turns flat ahead of US session after gaining in early trading. The bond market is signalling issues ahead with Trump’s spending plans. The...
The US Dollar turns flat ahead of US session after gaining in early trading. The bond market is signalling issues ahead with Trump’s spending plans. The...
GBP/JPY corrects from a 16-year high of 204.75 marked on Monday. BRC Shop Price Index, an indicator of inflationary pressures in the UK, rose by 0.2% YoY...
The USD/JPY pair marks a fresh high of 161.75 since 1986 on Tuesday. A Reuters survey suggests that BoJ may trim its monthly bond purchases by roughly $100 billion in...
The Indian Rupee trades in negative territory in Tuesday’s Asian session. Higher US bond yields and further gains in crude oil prices weigh on the local...
The Australian Dollar loses ground as the RBA Index of Commodity Prices fell by 4.1% YoY in June. RBA Minutes emphasizes the need to remain vigilant as...
USD/CAD edges higher to 1.3735 in Tuesday’s early Asian session. The US ISM Manufacturing PMI dropped slightly in June, indicating an ongoing contraction. Higher crude oil...
USD/JPY continued to trade near recent highs around 161.45 in Tuesday’s early Asian session. The US ISM Manufacturing PMI was weaker than expected, declining to 48.5...
In the first half of 2024, the global financial landscape witnessed an increase in the momentum of dedollarisation. The movement is driven by various geopolitical, economic,...
Silver price may extend its winning streak as recent inflation raises the odds of the Fed’s rate cuts. US PCE Price Index increased by 2.6% YoY...