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Forex
GBP/JPY slides to 197.00 mark ahead of UK employment details
GBP/JPY attracts fresh sellers on Tuesday and is pressured by a combination of factors.
Intervention fears underpin the JPY, while a bullish USD continues…
GBP/USD extends the decline below 1.2850 ahead of UK employment data
GBP/USD weakens to near 1.2840 in Tuesday’s early European session.
Investors await the UK job data on Tuesday for fresh impetus.
The USD gains ground on…
EUR/USD falls to near 1.0650 as ECB expects to pursue more aggressive rate cuts than Fed
EUR/USD slips as the ECB is anticipated to implement more aggressive interest rate cuts compared to the Fed.
German Chancellor Olaf Scholz has expressed…
USD/INR strengthens ahead of Indian CPI data
The Indian Rupee edges lower in Tuesday’s Asian session.
Sustained outflows from local equities weigh on the INR.
Investors will monitor India’s October…
Australian Dollar remains subdued following Westpac Consumer Confidence
The Australian Dollar loses ground amid concerns over potential tariffs on Chinese goods from US President-Elect Donald Trump.
Australia's Westpac Consumer…
WTI retreats to near $68.00 on Chinese stimulus disappointment, stronger US Dollar
WTI price drifts lower to near $68.00 in Tuesday’s early Asian session.
The stronger USD weighs on the USD-denominated Oil.
China's stimulus plan…
USD/CAD strengthens above 1.3900 as traders await US CPI data
USD/CAD edges higher to around 1.3925 in Tuesday’s early Asian session.
Traders brace for the US CPI inflation data, which is due on Wednesday.
The…
EUR/USD backslides on thin Monday volumes
EUR/USD fell to a fresh 30-week low on Monday.
US markets were thinned by a holiday, but the Greenback still rose.
Fiber traders will get a breather before…
Forex Today: US tariffs and Trump hurt the risk-linked sentiment
The Greenback rose to fresh tops on the back of the firm resurgence of the “Trump trade”, while investors warmed up for the release of US data and a slew of…
Gold plunges on strong US Dollar, Trump’s trade policies
Gold experiences worst week in five months; DXY climbs to 105.57 on Trump trade fears.
Treasury market closure limits safe-haven flows; investors brace for…