Forex

The Pound Sterling consolidates after recovering slightly on Thursday as BoE’s Mann said services inflation needs to decline further for more rate cuts. The…

Gold price attracts fresh sellers on Friday, though the downside remains cushioned.  Bets for smaller Fed rate cuts underpin the USD and exert pressure on…

The Indian Rupee clings to its all-time lows. Foreign Institutional Investors (FIIs) reallocate funds to China in response to stimulus measures and more…

The People’s Bank of China (PBOC), China's central bank, injected CNY6700 billion on Friday via the one-year Medium-term Lending Facility (MLF) rate of 2.0%.…

The Japanese Yen edges lower following the release of Tokyo consumer inflation figures.  The USD stalls the overnight slide from a multi-month top and lends…

The Australian Dollar loses ground despite the hawkish RBA’s policy outlook. The AUD inches lower as the US Dollar appreciates amid less-dovish sentiment…

NZD/USD edges lower on Friday amid the emergence of some USD dip-buying. Bets for smaller Fed rate cuts and Middle East tensions underpin the Greenback.…

The headline Tokyo Consumer Price Index (CPI) for October fell to the 1.8% YoY rate from 2.2% in the previous month, the Statistics Bureau of Japan showed on…

EUR/USD reclaimed the 1.0800 handle on Thursday. EU PMI figures came in mixed, giving Euro bulls just enough ammo. US Durable Goods Order and UoM Consumer…

Gold advances as US Treasury yields fall alongside the US Dollar. Tensions due to the Middle East and US election boost Bullion’s demand. Strong US labor…