Share: Indian Rupee holds positive ground amid the softer US Dollar. Sustained dollar demand from state-run and foreign banks, overseas outflows, and higher crude oil prices...
Share: Australian Dollar gains ground as Governor Bullock stated that inflation is a challenge. Australia’s central bank is optimistic that the progress in employment can be...
Share: Reserve Bank of Australia (RBA) Governor Michele Bullock said on Tuesday that inflation will be the major challenge for the economy over the next two...
Share: Speaking in an interview with CNBC News on Monday, US Treasury Secretary Janet Yellen said that the “US and China recognize they have the opportunity...
Share: “With inflation halved we can now look forward to the future economy we want to build,” United Kingdom (UK) Prime Minister Rishi Sunak said on Monday....
Share: Indian Rupee trades weaker on the rebound in oil prices, USD demand. Global uncertainties will have a limited impact on the Indian economy. Market players...
Share: Australian Dollar gains ground after China’s interest rate decision. Australia’s Dollar faced pressure on recovery in the Greenback. PBoC remained LPR consistent at 3.45% as...
Share: Housing Starts and Building Permits in the US increased in October. US Dollar Index fluctuates in daily range above 104.00 after the data. The monthly...
Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead...
Share: USD/MXN faces downward pressure weaker US economic data. US Initial Jobless Claims marked the highest level in nearly three months. Banxico could maintain policy rates...
Share: Indian Rupee loses traction amid the mixed sentiment. Economists noted that GDP growth in July-September will be higher than the RBI’s prediction of 6.5%. Investors...
Share: USD/CHF faced challenges on concerns over China’s property sector. Swiss Franc could gain ground on prevailing risk-off sentiment. Upbeat US jobless claims data seem ineffective...
Share: USD/CAD attracts some sellers around the mid-1.3700s on Friday. US weekly Initial Claims rose by 231,000, the highest level in nearly three months. House sales...
Share: GBP/USD losses ground despite stronger US jobless claims data. US Initial Jobless Claims rose to 231K compared to the expected 220K. Pound Sterling faced a...
Share: Australian Dollar faces challenges due to risk-off sentiment. Australia’s Employment Change report failed to support the AUD. US Initial Jobless Claims reached 231K the highest...
Share: The Greenback slips back in the red and flirts with a new two-month low. Traders are fretting on positioning going forward. The US Dollar Index...
Share: Industrial Production (MoM) in the United States dipped 0.6% in October, missing the 0.3% drop expected by markets. In September, United States Industrial Production (MoM)...
Share: NZD/USD consolidates below the psychological level before US Jobless Claims. Nine-day EMA at 0.5952 could act as the key support aligned to the 0.5950 major...
Share: Over the last 15 years there have been two recessions: one of the longest, the Great Recession, which ran from December 2007 to June 2009,...
Share: Indian Rupee edges lower on the firmer US Dollar. The Reserve Bank of India (RBI) will likely maintain its policy stance in its December meeting....