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Forex
USD/INR gathers strength amid RBI rate cut expectations
The Indian Rupee extends its decline in Thursday’s Asian session.
Rising bets of RBI rate cuts and risk aversion continue to undermine the INR.
The RBI…
Japanese Yen rallies to near two-month top against USD amid hawkish BoJ expectations
The Japanese Yen strengthens against the USD for the third straight day on Thursday.
The divergent BoJ-Fed policy expectations continue to underpin the…
Fed’s Jefferson: Happy to keep Fed Funds on hold at current rate
Federal Reserve Vice Chair Philip Jefferson said on Thursday that he is happy to keep the Fed Funds on hold at the current level, adding that he will wait to…
Australia’s Trade Surplus decreases to 5,085M MoM in December vs. 7,000M expected
Australia’s trade surplus decreased to 5,085M MoM in December versus 7,000M expected and 6,792M (revised from 7,079M) in the previous reading, according to the…
EUR/USD stuck on familiar technical levels during midweek lull
EUR/USD remains hampered by 1.0400 key handle on Wednesday.
Overall market sentiment is keeping the Greenback underbid.
European Retail Sales due Thursday,…
US Dollar under pressure as markets digest US mid-tier data
DXY remains under pressure, testing 107.35 support despite upbeat ADP and S&P Global PMI data.
ISM Services PMI disappoints, signaling…
Forex Today: The BoE is expected to ease its monetary stance
The US Dollar continued its slide on Wednesday, retesting multi-day lows against its peers amid a steady unravelling of positions and lingering uncertainty…
Fed’s Goolsbee: Can’t ignore threats to supply chains like tariffs
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Wednesday that it is difficult for central banks to generally estimate the fallout of…
Pound Sterling Price News and Forecast: GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision
GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision
The Pound Sterling remains bid for the third consecutive day, edges up 0.34% as the …
EUR/USD Price Analysis: Pair extends gains above 20-day SMA, sustaining bullish momentum
EUR/USD climbs to 1.0420 on Wednesday, extending its upward trend.
The pair surges past the 20-day SMA, reinforcing a stronger short-term outlook.
The…