Forex

USD/CHF drops back to 0.8900 as Swiss Franc strengthens amid fears of SNB’s stealth intervention plans. A weak Swiss Franc had made Swiss exports…

EUR/USD trades below 1.0900 ahead of the ECB’s monetary policy announcement. The ECB is expected to announce a rate cut by 25 bps for the first time in five…

AUD/JPY extends gains as Australia’s Trade Surplus widens amid lower imports. Australia’s Trade Balance rose to A$ 6,548 million MoM in May, surpassing the…

Gold prices rose in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 6,349.30 Indian Rupees (INR) per gram, up INR 28.10…

The European Central Bank is set to cut interest rates by 25 bps on Thursday. ECB President Christine Lagarde could stick to a data-dependent stance on…

Indian Rupee rebounds on the softer US Dollar on Thursday. The renewed USD sales and potential FX intervention from the RBI support the INR. Any…

The Japanese Yen appreciates due to improved risk sentiment. Japan’s 10-year bond yield fell below 1% for the first time in two weeks. The depreciation of…

WTI price appreciates as US mixed data fuel rate cut speculations by the Fed. A Reuters poll has indicated that nearly two-thirds of economists now predict…

Gold price advances to a two-week top amid the emergence of fresh USD selling.  Rising Fed rate cut bets keep the US bond yields depressed and weigh on the…

The Australian Dollar rises as the Aussie Trade Surplus widens in May. The Australian Bureau of Statistics reported a Trade Balance figure of 6,548 million…