Forex
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Indian Rupee gets tailwinds from upbeat Q2 GDP, narrowed fiscal deficit
The Indian Rupee appreciates significantly against the US Dollar, with USD/INR sliding to near 94.80. RBI’s persistent intervention, India’s strong…
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EUR/JPY Price – Hovers around 185.50 near nine-day EMA support
The EUR/JPY cross may rise toward the all-time high of 187.95. The 14-day Relative Strength Index at 55.9 signals positive…
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Euro holds gains above 1.1600 ahead of Eurozone HICP inflation data
EUR/USD posts modest gains near 1.1620 in Tuesday’s early Asian session. Germany’s CPI inflation rose to 2.9% YoY in August. …
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Canadian Dollar consolidates vs USD as rising oil prices and Fed hike bets clash
USD/CAD struggles to lure buyers as rising crude oil prices continue to underpin the Loonie. A softer USD contributes to…
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Japanese Yen bulls seem hesitant amid fiscal woes, wide US-Japan rate gap
USD/JPY stabilizes during the Asian session following the previous day’s modest losses. Japan’s fiscal concerns and the wide US-Japan rate…
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GBP softens to near 1.3550 on geopolitical tensions, hawkish Fed bets
GBP/USD weakens to near 1.3550 in Tuesday’s early Asian session. Trump said Washington would respond to Iranian attacks on US…
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Australian Dollar holds gains following stronger Chinese PMI data
China’s Manufacturing PMI climbed to 51.5 in August, strengthening the Australian Dollar. Australian building permits dipped 3.6% in July, performing…
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Japan’s Katayama: Confirmed with Bessent that continued, coordinated action on FX is needed
Japanese Finance Minister (FM) Satsuki Katayama said Tuesday that he confirmed with US Treasury Secretary Scott Bessent that continued, coordinated…
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New Zealand Dollar remains subdued despite stronger Chinese PMI data
NZD remains weak despite China’s August RatingDog Manufacturing PMI rising to 51.5, beating market expectations. The US Dollar rebounds as…
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EUR/USD Price Forecast: Gains ground to near 1.1600, bullish vibe prevails above 100-day SMA
EUR/USD gathers strength to near 1.1590 in Monday’s early European session. Fed’s Warsh signalled that further tightening may be needed…
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