Forex

The Dow Jones Industrial Average made history this past Thursday, reaching the 40,000-point mark for the first time ever. It broke over 40,000 at about 10:30…

WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s…

Indian Rupee edges lower amid renewed USD demand on Tuesday.  The ongoing Indian equity outflows might weigh on the INR. Speeches by Fed’s Waller,…

The Australian Dollar appreciates due to improved risk appetite on Tuesday. Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third…

Gold price trades on a stronger note on Tuesday amid the softer USD.  The hope for Fed rate cuts, rising geopolitical risks, and strong gold demand support…

The New Zealand Treasury's Economic Update issued late last week showed that there is no near-term turning point seen for the economy and the consensus expects…

GBP/USD holds positive ground around 1.2710 in Tuesday’s early Asian session.  Fed officials remain cautious about the timing of rate cuts, emphasizing the…

Canadian Dollar mostly higher but flat against Greenback again. Canada brings BoC CPI inflation to the table on Tuesday. Fedspeak dominates headlines, CAD…

USD/JPY rises 0.38% after bouncing off a daily low of 155.49. Buyers favored in technical outlook; key resistance at 156.76 with potential to reach 157.99…

Gold extends gains, trading at $2,433, just below the all-time high of $2,450. Softer US inflation report boosts bets on Fed rate cuts with 76% odds for a…