Forex

The US Dollar remains stuck on the backfoot and is unable to recover against the major peers. ECB's Lagarde props up concerns by saying the ECB will need…

EUR/USD moves higher to near 1.0840 as the ECB reduces its Deposit Facility rate by 25 bps to 2.5%. The ECB sees the core inflation averaging to 2.2% by the…

EUR/JPY discovers temporary support near 159.20 after the ECB’s dovish interest rate decision. The ECB reduced its Deposit Facility rate by 25 bps to 2.5%,…

The Pound Sterling trades firmly near 1.2900 against the US Dollar as investors see US President Trump tariffs less fearful. Trump is poised to provide a…

The European Central Bank is on track to deliver another 25 bps interest rate cut on Thursday. The focus remains on the ECB's updated economic forecasts and…

New Zealand Dollar (NZD) could rise further vs US Dollar (USD); overbought conditions suggest the major resistance at 0.5775 is out of reach for now. In the…

Sweden reported stronger-than-expected inflation figures for February this morning. CPIF accelerated more than consensus from 2.2% to 2.9%, with the core…

EUR bulls continued to catch markets offguard, rising by over 400pips in 4 days this week. A rare display of responsiveness and concerted willingness of…

The Indian Rupee loses ground during Thursday’s early European session.  The weaker US Dollar and likely RBI intervention support the INR.  Investors await…

EUR/GBP climbs to around 0.8380 in Thursday’s early European session.  The ECB is widely expected to cut the interest rates, bringing the bank's benchmark…