Forex
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EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds steady as the Japanese Yen stays under pressure amid concerns over Japan’s weakening fiscal outlook. Japan’s PM Sanae…
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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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Dollar on Defensive After Mixed Jobs Report
The dollar index steadied above 98 on Wednesday, but stayed close to its lowest levels in more than two months,…
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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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Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings
The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which…
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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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