Forex
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New Zealand Dollar edges higher to near 0.5850 ahead of US PPI inflation data
NZD/USD edges higher to near 0.5845 in Thursday’s early Asian session. The US August PPI inflation report will be published…
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British Pound rises as US Dollar weaken ahead of PPI data
US PPI and CPI reports will dictate Federal Reserve monetary policy and interest rate expectations. Strong US jobs data has…
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USD/CAD Price Remains below 1.3800 as bearish bias prevails
USD/CAD may find its initial support around the descending channel bottom at 1.3640. The 14-day Relative Strength Index is near…
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NZD/USD Price Forecast: Rises in limited range with US CPI in focus
NZD/USD rises to near 0.5860 as the US Dollar remains under pressure. The US Dollar drops even as Fed interest…
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Euro remains steady against British Pound Gains due to ECB rate hike bets
Euro may gain support as markets have fully priced in a 25 basis point rate hike to 2.5% on Thursday.…
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Euro recovers some early losses against Japanese Yen, ECB policy in focus
The Euro rebounds from 177.85 to near 178.85 but is still 0.3% down against the Japanese Yen. Both the ECB…
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Indian Rupee slumps as oil prices rally further, prompting RBI intervention prospects
The Indian Rupee declines further against the US Dollar due to surging oil prices. A significant fall in the INR…
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British Pound dips to 207.50 as Japanese Yen rallies, unfazed by Oil prices
British Pound dips to 207.50 as Japanese Yen rallies, unfazed by Oil prices GBP/JPY drops to the mid-207.00s, drawing closer…
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AUD/USD Approaches four-year high near 0.7280
AUD/USD rises to near 0.7230 as the Australian Dollar trades broadly firm. RBA’s Hauser stresses bringing inflation down. Investors await…
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Offshore Yuan Remains at Over 3-Year High
The offshore yuan traded around 6.70 per dollar on Wednesday, remaining at its strongest level since January 2023 as investors…
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