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Forex
USD/INR remains firm ahead of US PMI release
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 rises to near $73.00 due to a potential policy support to revive economic growth
WTI prices continue to rise as governments worldwide are expected to increase policy support to revive economic growth.
China's state planner, the NDRC,…
Australian Dollar appreciates as PBoC signals interest rate cuts this year
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 holds ground due to safe-haven demand amid rising tensions in Middle East
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 weakens below 1.4400 on upbeat Canadian PMI, higher crude oil prices
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 authorities attempt to arrest President Yoon Suk Yeol
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 plunges to new lows to kick off the new trading year
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…
USD/JPY Forecast: Buyers aim to challenge the December high at 158.07
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.…
Canadian Dollar stuck near familiar lows despite PMI beat
The Canadian Dollar (CAD) remained swamped against the US Dollar on Thursday.
Canadian PMI data from December beat expectations but failed to spark a Loonie…
Forex Today: Markets kick off new trading year with a fresh bid in the Greenback
The US Dollar rose to the top of the forex pile on the first day of trading in 2025 as broader markets keep one foot firmly planted in the safe haven currency.…