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Forex
USD/INR recovers despite weaker US Retail Sales data spurs Fed rate cuts bet
Indian Rupee (INR) loses ground on Wednesday despite the weaker US Dollar.
The ongoing India inflows might support the INR, while higher crude oil prices…
USD/JPY flat lines below 158.00, bulls turn cautious amid subdued USD price action
USD/JPY consolidates its recent gains to the highest level since late April.
The BoJ April meeting minutes fail to provide any impetus to the major.…
BoJ Minutes: There is some concern about weak Japanese Yen on inflation and wages
The Bank of Japan (BoJ) board members shared their views on monetary policy outlook on Wednesday, per the BoJ Minutes of the April meeting.
Key quotes…
EUR/USD softly higher, but technical pressures persist heading into lopsided Wednesday
EUR/USD continues to recover from a near-term low around 1.0667.
Euro sees mid-tier data docket until Friday’s PMI prints.
US markets heading into a…
Gold shines as US data disappoints and US yields tumble
Gold gains as softer-than-expected US Retail Sales boost rate cut expectations.
Fed officials' comments reveal mixed views on the timing of potential rate…
USD/JPY Price Analysis: Advances steadily yet consolidates below 158.00
USD/JPY reaches daily high above 158.00, trading above key moving averages.
Technical indicators show bullish momentum, with resistance at 158.25 and…
AUD/JPY Price Analysis: Bulls propels pair near 105.00
AUD/JPY got propelled near 105.00 on Tuesday, driven by the Reserve Bank of Australia RBA's hawkish hold.
Tusaday's move confirms a positive short-term…
Australian Dollar rebounds following RBA’s hawkish hold
AUD/USD recovered much of its previous losses in Tuesday’s session, following RBA decision.
USD started the week softly, and its declines extended following…
Pound Sterling Price News and Forecast: GBP/USD remains bearish, falls below 1.2700
GBP/USD Price Analysis: Remains bearish, falls below 1.2700
The Pound Sterling creeps lower against the US Dollar on Tuesday, amid a scarce economic docket in…
US Dollar loses ground on weak Retail Sales figures
US Dollar lost ground on lower-than-anticipated Retail Sales figures, which fuel dovish bets on the Fed.
Markets are digesting comments from Fed officials…