Forex

GBP/USD hangs near one-week low, looks to US macro data for fresh impetus The GBP/USD pair continues losing ground for the second straight day – also marking…

USD/CAD extends its gains after stronger US Producer Price Index (PPI) data. US Core PPI remained at 2.0% YoY and rose by 0.3% MoM in February. Higher WTI…

The Japanese Yen continues losing ground on Friday amid the BoJ policy uncertainty.  The hotter US PPI released on Thursday underpins the USD and further…

Indian Rupee trades on a negative note on Friday amid a stronger US Dollar.  India's Wholesale Price Index-based inflation dropped to a four-month low,…

Japan Chief Cabinet Secretary Hayashi said on Friday that he expected the Bank of Japan (BoJ) to stably hit its inflation target. Key quotes “Monetary…

Japanese Finance Minister Shunichi Suzuki said on Friday that Japan's economy is no longer in deflation, and a strong trend of wage hikes is taking place. Key…

Gold sees partial retreat reacting to unexpectedly high US producer inflation and strengthening US Dollar. US Treasury yields and Dollar Index rise,…

Bulls failed to maintain their momentum and gave up daily gains. The daily RSI remains in negative zone, underscoring the current bearish momentum. On the…

GBP/JPY cycled 189.00 on thin data as investors await rate moves. Markets await further detail from BoJ after spring wage negotiations. Mid-tier UK…

Mexican Peso faces losses against a resurgent US Dollar, reacting to positive US retail and inflation reports. Banxico Deputy Governor Mejia signals…