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USD/CAD holds near 1.3800 amid market caution ahead of US CPI data
USD/CAD maintains its position as traders adopt caution ahead of the delayed US Consumer Price Index report. Fed’s Waller said…
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EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD may approach the two-month high of 1.1804. The 14-day Relative Strength Index stands at 67.47, indicating strong upside momentum.…
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Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday
The Japanese Yen consolidates in a range as traders seem reluctant ahead of the BoJ meeting. Bets for an imminent…
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USD/INR opens flat on hopes of RBI’s follow-through intervention
The Indian Rupee flattens against the US Dollar at around 90.80 after a sharp recovery move on Wednesday. FIIs turned…
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Chart of The Day – GBP/USD
The British pound is today the weakest G10 currency, after a significantly weaker-than-expected inflation report opened the door wide for…
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Offshore Yuan Retreats on Weak Fixing
The offshore yuan slipped to around 7.04 per dollar on Wednesday, retreating from a fourteen-month high reached in the previous…
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EUR/USD holds gains ahead of Eurozone business activity figures
The EUR/USD trades broadly steady at 1.1750, with highs of 1.1760-1.1770 in focus. Eurozone PMIs are expected to show a…
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USD/CHF trades calmly near 0.7960 in countdown to US NFP
USD/CHF flattens around 0.7960 ahead of the combined US NFP report for October and November. The US NFP is expected…
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USD/INR rallies further even as India’s trade deficit shrinks
The Indian Rupee continues to decline against the US Dollar amid consistent FIIs selling in the Indian stock market. India’s…
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Offshore Yuan Hits Fresh 14-Month Peak
The offshore yuan strengthened to around 7.04 per dollar, reaching a fresh fourteen-month high amid growing calls for a stronger…
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