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Forex
USD/INR rises as equity outflows drag Indian Rupee to record low
The Indian Rupee trends lower in Friday’s Asian session.
The Indian equity selloff and the rise in crude oil prices continue to undermine the INR.
The…
WTI hovers around $71.50, on course for a weekly gain of over 3%
WTI price positions for a weekly gain of more than 3% after the Fed’s rate cut.
Markets expect the incoming Trump administration to tighten sanctions on…
Japanese Yen ticks lower against USD, intervention fears help limit losses
The Japanese Yen struggles to capitalize on Thursday’s recovery from a multi-month trough.
The BoJ rate-hike uncertainty and the risk-on mood seem to…
GBP/USD holds below 1.3000 after BoE/Fed rate decision
GBP/USD loses ground to near 1.2975 in Friday’s Asian session.
The Fed cuts interest rates by a quarter point at the November meeting, as widely expected.…
NZD/USD weakens below 0.6050 on fear of new Trump trade wars amid tariff threats
NZD/USD softens to around 0.6020 in Friday’s early Asian session.
The 25 basis points (bps) rate cut by the Fed on Thursday was widely expected.
Donald…
Gold price hovers around $2,690 as Fed cut reinforces safe-haven appeal
Gold gains after Fed cuts rates by 25 bps, in line with expectations.
Fed notes balanced risks but economic uncertainty, supporting Gold’s safe-haven…
US Dollar declines on Fed rate cut, profit taking
US Dollar Index (DXY) declined marginally after the Federal Reserve's 25 basis point rate cut.
Fed officials see the economy expanding solidly but that…
Forex Today: Markets continue to digest Trump’s win and the Fed’s rate cut
The Greenback came under pressure as investors cashed out part of Wednesday’s “Trump trade” robust gains, while the Fed delivered a largely telegraphed 25 bps…
USD/JPY churns post-Fed rate cut, FOMC delivers 25 bps rate trim
USD/JPY swirled around 153.20 after the Fed broadly met market expectations on November's rate call.
The Fed delivered a follow-up quarter-point cut on…
Mexican Peso strengthens amid mixed inflation data, shrugging off Trump victory
Mexican Peso posts four consecutive days of gains; USD/MXN tumbles below 20.00.
Mixed Mexican data as inflation rises, but core inflation dips, potentially…