Gold price trades in positive territory for a consecutive day on Tuesday amid the softer USD. A downbeat US jobs data for April prompted speculation of...
The Australian Dollar rises due to the hawkish sentiment surrounding the RBA’s policy decision. The Australian central bank is anticipated to keep the cash rate unchanged...
GBP/USD holds positive ground around 1.2560 on the softer USD on Tuesday. Slower US job growth has triggered speculation that the Fed will cut the interest rate...
Japan’s top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said on Tuesday that the Japanese government may take the necessary steps to deal with...
USD/JPY gains ground near 154.10 in Tuesday’s early Asian session. The Fed’s Barkin said he has not yet seen evidence that inflation is on track. The...
AUD/USD steady at 0.6624; focus on upcoming RBA decision, quiet US data, and UK bank holiday. Wall Street ends higher, driven by optimism over potential Fed...
The US Dollar heads back to flat after taking a step back earlier. The Greenback gave up its earlier gains against the Chinese Yuan and the Japanese...
AUD/JPY gains ground due to hawkish sentiment surrounding the RBA. RBA is expected to maintain the cash rate at a 12-year high of 4.35% on Tuesday....
USD/JPY could receive pressure due to revived expectations for the Fed’s interest rate cuts in 2024. US Nonfarm Payrolls reported fresh 175K jobs were added in...
NZD/USD snaps its winning streak due to a rebound in the US Dollar. The US Dollar struggled due to softer-than-expected US jobs data revived hopes for...
Gold price attracts some buyers amid the softer USD on Monday. The growing expectations that the Fed will start cutting interest rates later in the year...
WTI price gained ground after Saudi Arabia increased the Official Selling Prices (OSPs) for Oil sold to most regions. OPEC+ producers are prepared to prolong voluntary output...
The Australian Dollar rises on risk-on sentiment after softer US jobs data released on Friday. The Australian Dollar received strength from the hawkish sentiment surrounding the RBA....
USD/JPY gains ground near 153.55 in Monday’s Asian session. US Treasury Secretary counsels caution on currency intervention from Japanese authorities. The US NFP increased by 175K in April, compared...
AUD/USD holds positive ground near 0.6610 in Monday’s early Asian session. The US Nonfarm Payrolls (NFP) came in weaker than expected in April, along with lower-than-expected...
US ISM Services PMI dropped into the contraction territory below 50 in April. US Dollar Index stays in negative territory below 105.00. Business activity in the...
The Japanese Yen is set to lock in a staggering performance for this week against the US Dollar. The Yen has appreciated over 3% following Japan’s...
Silver price faced challenges as traders adopt caution ahead of US Nonfarm Payrolls due on Friday. A softer US NFP report could support the Fed’s adopting...
Here is what you need to know on Friday, May 3: The US Dollar (USD) stays under modest bearish pressure early Friday, with the USD Index...
Indian Rupee drifts higher on Friday amid the softer Greenback. The positive outlook in the Indian economy and capital inflows support the INR. Investors await the...