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Forex
USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome
The USD/JPY is up 0.85% to near 156.90 during the European trading session on Friday. The pair surges as the Japanese Yen (JPY) underperforms across the board, following the Bank…
US Dollar Index extends gains above 98.50 ahead of UoM Survey data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive session and trading around…
Remains broadly sideways below 1.3800
The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by…
Indian Rupee gains as soft US inflation empowers RBI’s intervention
The Indian Rupee (INR) opens on a bullish note against the US Dollar (USD) on Friday. The USD/INR pair declines to near 90.30 as weakness in the US Dollar due to an unexpected…
Gold price in Pakistan: Rates on December 19
Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet.The price for Gold stood at 38,910.75 Pakistani Rupees (PKR) per gram, down compared with the PKR…
Bank of Japan raises interest rates by 25 bps to 0.75%, as expected
The Bank of Japan (BoJ) board members decided to raise the short-term interest rate by 25-basis-point (bps) to 0.75% from 0.50% following the conclusion of its two-day monetary…
USD/CAD remains below 1.3800 amid Fed rate cut bets
USD/CAD remains subdued for the second successive session, trading around 1.3780 during the Asian hours on Friday. The pair faces challenges as the US Dollar (USD) struggles amid…
Australian Dollar gains as US Dollar remains steady on Fed policy outlook
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending gains for the second successive day. The AUD/USD pair receives support as the US Dollar (USD)…
Gold edges lower despite Fed rate cut hopes on cooling US inflation
Gold price (XAU/USD) declines to below $4,350 during the early Asian trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation…
Japan’s National CPI climbs 2.9% YoY in November, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) rose by 2.9% YoY in November, compared to the previous reading of 3.0%, according to the latest data released by the Japan Statistics…