Forex
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Rupee Near Four-Week High
The Indian rupee climbed to around 95.1 per dollar, extending last week’s gains to a near four-week high as lower…
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South Korean Won Extends Gains
The South Korean won strengthened to around 1,430 per dollar, extending its July recovery, supported by strong foreign inflows and…
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United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin Monday
US Dollar Index softens to around 99.70 in Monday’s Asian session. Trump said new Iran talks would begin Monday after he…
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Australian Dollar remains stronger following China’s RatingDog Manufacturing PMI data
The Australian Dollar remains strong despite China’s manufacturing PMI easing to 50.9 in July. The US Dollar faces pressure following…
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Japan’s Katayama says no comment on whether there was FX intervention on Monday
Japan’s Finance Minister Satsuki Katayama said on Monday that she has no comment on whether there was foreign exchange (FX)…
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British Pound struggles despite easing risk aversion
GBP/USD drops despite a weaker US Dollar as Trump’s paused strikes boosted US-Iran diplomatic hopes. President Trump stated Middle Eastern…
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Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes
USD/CAD attracts some buyers, albeit it lacks follow-through amid a combination of diverging forces. A slump in oil prices undermines…
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Yen Extends Rally as Japan Confirms Intervention
The Japanese yen strengthened toward 155 per dollar on Monday, bringing its gains to about 5% over three sessions, after…
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Australian Dollar Near 7-Week High
The Australian dollar rose above $0.70, approaching a seven-week high, supported by broad weakness in the US dollar and hopes…
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New Zealand Dollar Rises to 2-Month High
The New Zealand dollar rose to around $0.589 on the first trading day of August, reaching a two-month high, as…
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