Forex

The Pound Sterling seems vulnerable near 1.2400 against the US Dollar as the Fed has signaled fewer interest rate cuts this year. Lower US Initial Jobless…

GBP/USD plunges to new lows to kick off the new trading year GBP/USD struck a soft chord on Thursday, dumping over one percent on the outset of the new…

The Indian Rupee attracts some sellers in Friday’s early European session.  The ongoing USD strength and worries about India's economic slowdown continue to…

WTI prices continue to rise as governments worldwide are expected to increase policy support to revive economic growth. China's state planner, the NDRC,…

The Australian Dollar rises as the Financial Times reported that the PBoC is signaling potential rate cuts this year. The AUD recovered from two-year lows…

Gold price receives support from safe-haven flows as Joe Biden discussed contingency plans to strike Iran’s nuclear facilities. The dollar-denominated Gold…

USD/CAD trades in negative territory around 1.4395 in Friday’s Asian session.  The upbeat Canadian PMI and rising crude oil prices support the Loonie.  A…

South Korean investigators were reportedly involved in a standoff with a military unit inside the presidential residence as they attempted to arrest the…

GBP/USD soured on Thursday, dipping below 1.2400 for the first time since April. January just started but Cable is already on pace to end the month on a…

Tepid Chinese data weighed on the market’s mood at the beginning of the day. Expectations for higher US Treasury yields undermine demand for the JPY.…