Forex

USD/INR gains ground as US Treasury yields recover on Thursday. The US Dollar may struggle due to the growing expectations of multiple rate cuts by the Fed…

USD/CAD finds support at the 1.3600 psychological level and rebounds to 1.3615 in Thursday’s early European session.  The recent softer US inflation and…

AUD/JPY loses ground as higher Aussie unemployment data bolsters the dovish sentiment surrounding RBA’s policy stance. The Aussie Unemployment Rate rose to…

Gold price trades in positive territory due to the weaker USD on Thursday.  The softer US CPI inflation data prompted the hope that the Fed may cut interest…

The Australian Dollar loses ground due to dovish sentiment surrounding RBA’s policy stance. The Australian Unemployment Rate increased to 4.1% in April,…

Japan's Economy Minister Yoshitaka Shindo said on Thursday that Japanese economy is expected to continue moderate recovery. Shindo further stated that he will…

Japanese Gross Domestic Product (GDP) for the first quarter (Q1) came in at -0.5% QoQ versus -0.4% expected and 0.1% prior, the Cabinet Office showed on…

USD/JPY trades on a softer note around 154.45 on Thursday. Japanese GDP contracted 0.5% QoQ in Q1 vs. 0.1 in Q4 of 2023, weaker than the expectation of a…

The Australian Unemployment Rate is expected to continue rising in April. Employment Change could post a modest improvement after March’s slump. AUD/USD…

The daily RSI of the NZD/USD signals it is approaching overbought, which often indicates future consolidation or potential reversal. The same indicators in…