Forex

The Indian Rupee kicks off the new week on a positive note on Monday.  A positive economic growth outlook and significant India’s foreign inflows support…

GBP/USD struggles near its lowest level since mid-May touched on Friday. Bets for a rate cut by the BoE in August continue to undermine the GBP. The USD…

The Japanese Yen holds ground, possibly due to intervention in the FX market by Japanese authorities. Japan's Masato Kanda said to intervene around the…

EUR/USD struggles to attract any meaningful buyers and is undermined by a combination of factors. Political uncertainty in Europe, along with Friday’s…

New Zealand’s Trade Balance came in at NZD $-10.05B YoY in May versus $-10.22B prior, according to the latest data released by Statistics New Zealand on…

S&P 500 gyrated as befits quad (triple) witching, but what has changed? Did higher for longer odds go up on PMIs coming in slightly above expectations? Not…

Norges Bank kept rates steady at 4.5%, as expected. The bank is delaying the easing to Q1 of 2025. As long as the NB policy diverges with its peers the NOK…

Canadian Dollar sheds a fifth of a percent against Greenback. Canada saw an upswing in core Retail Sales, but industrial prices cooled. US PMIs beat the…

WTI tumbled back below $81.00 on Friday, tested $81.50. The EIA reported a surprise buildup in natural gas reserves, clipping drawdown hopes. US Crude Oil…

Dow Jones struggles in flat territory as investors roil at upbeat US data. Rate-cut-hungry markets balk as US economic figures continue to beat the street.…