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Forex
Japanese Yen depreciates, possibly due to investors’ caution ahead of US data
The Japanese Yen depreciates as investors adopt caution ahead of the US ADP Employment Change and ISM Services PMI.
JPY could find support as Labor Cash…
Australian Dollar appreciates due to hawkish comment from RBA Governor Bullock
The Australian Dollar appreciates as RBA Governor Michele Bullock stated to increase rates if the CPI does not return to the target range.
Australia's GDP…
EUR/JPY Price Analysis: The key upside barrier emerges above 170.00
EUR/JPY attracts some buyers near 169.30 in Wednesday’s early European session, up 0.50% on the day.
The cross keeps the negative picture unchanged below…
USD/INR loses momentum as Modi declares victory in India election
Indian Rupee (INR) trades on a stronger note on Wednesday.
Lower oil prices and optimism about foreign fund inflows support the INR after facing the…
EUER/USD ticks higher amid subdued USD demand, remains below 1.0900 mark
EUR/USD attracts fresh buyers on Wednesday amid a modest USD downtick.
Fed rate cut bets keep the US bond yields depressed and undermine the buck.…
Pound Sterling Price News and Forecast: GBP/USD attracts fresh buying on Wednesday
GBP/USD Price Analysis: Remains close to over two-month peak, bullish potential intact
The GBP/USD pair trades with a mild positive bias around the…
Australian GDP expands 0.1% QoQ in Q1 vs. 0.2% expected
Australia’s Gross Domestic Product (GDP) grew 0.1% QoQ in the first quarter of 2024 compared with the 0.2% growth in Q4 of 2023, the Australian Bureau of…
Japan’s Labor Cash Earnings rise faster than expected to 2.1% YoY versus 1.7% forecast
Japan's Labor Cash Earnings rose 2.1% YoY through April, rising above the forecast 1.7%, with the previous period's cash earnings also getting revised higher…
AUD/USD reverses gains and aims toward 0.6650 ahead of Aussie GDP
AUD/USD declines to 0.6648, down 0.60%, despite speculation of Fed rate cuts due to weaker US data.
US job openings fall to 8.059 million in April, the…
Canadian Dollar falls back on data-light Tuesday, declines on broad-market rate cut woes
Canadian Dollar backslides 0.4% against Greenback after mixed US data.
Canada delivers BoC’s latest rate call on Wednesday.
Broader markets pivot to…