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Forex
USD/CHF rises above 0.7950 ahead of Swiss CPI inflation data
The USD/CHF pair jumps to around 0.7985 during the early European session on Thursday. The Greenback strengthens against the Swiss Franc (CHF) following an address to the nation by…
Gold price in India: Rates on April 2
Gold prices fell in India on Thursday, according to data compiled by FXStreet.The price for Gold stood at 14,163.99 Indian Rupees (INR) per gram, down compared with the INR…
XAG/USD falls to near $72.00 amid fading safe-haven demand
Silver price (XAG/USD) continues to lose ground after registering tiny losses in the previous day, trading around $72.90 during the Asian hours on Thursday. The safe-haven demand…
Pound Sterling weakens as Trump’s comments lift USD
The GBP/USD pair meets fresh supply during the Asian session on Thursday. It retreats further from the weekly high, which was around the 1.3345 area touched the previous day. Spot…
PBOC sets USD/CNY reference rate at 6.8880 vs. 6.9025 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8880 compared to the previous day's fix of 6.9025 and 6.8764 Reuters…
US President Donald Trump is set to speak to nation on the war with Iran
US President Donald Trump will address the nation at 01:00 GMT on Thursday to give an “update” on the war with Iran, CNN reported. The speech will be the first major national…
Gold rises on softer US Dollar, traders await Trump’s address on Iran war
Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling…
Rebounds but faces stiff resistance at 211.00
The GBP/JPY edges higher by nearly 0.60% on Wednesday as the market mood improved amid speculation of a possible end to Iran’s war. Although the pair found support at the 100-day…
Defensive Dollar bias with KRW and INR vulnerable – TD Securities
TD Securities’ Alex Loo and Jayati Bharadwaj argue that Asia faces a dual shock from higher Oil prices and rapidly depleting inventories, hitting growth and lifting inflation. They…
Higher inflation path points to July hike – ING
ING’s Min Joo Kang expects the Bank of Korea (BoK) to stay focused on inflation stabilisation and financial stability as resilient growth combines with rising price pressures. She…