Forex

The stock market continued to fluctuate on Tuesday, with the S&P 500 index gaining 0.27% and reaching a new record high of 5,375.95, slightly higher than…

Oil gains ground on Wednesday ahead of a busy US trading session.  US API stockpiles data showed a bigger-than-expected decline in inventories.  The US…

EUR/USD finds support near 1.0710 but the outlook remains uncertain ahead of an eventful New York session. The US CPI and the Fed’s dot plot will provide…

The Federal Reserve is widely expected to hold policy rate unchanged. Fed Chairman Powell’s remarks could provide important clues about the timing of the…

The Japanese Yen edges lower as traders favor the US Dollar ahead of the Fed's interest rate decision. The downside of the JPY may be limited as PPI jumped…

In its monthly oil market report published on Wednesday, the International Energy Agency (IEA) slashed the 2024 global oil demand growth forecast by 100,000…

USD/CHF moves sideways ahead of the interest rate decision by the Fed. The Swiss Franc may appreciate due to the hawkish sentiment surrounding the SNB. CME…

EUR/GBP trades in negative territory for the fourth consecutive day near 0.8430 on Wednesday.  UK GDP arrived at 0% in April after expanding 0.4% in March,…

The Australian Dollar gains ground as the RBA is expected to keep higher rates for longer. The Australian Dollar may see limited upside due to…

Indian Rupee edges higher on Wednesday amid the firmer US Dollar. The potential FX intervention from the RBI might protect INR from further weakness.  The…