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Markets
Indian Rupee ticks higher against US Dollar, India’s WPI inflation declines 1.21%
The Indian Rupee (INR) ticks up against the US Dollar (USD) at open on Friday. The USD/INR pair edges lower to near 88.85 as the US Dollar extends its downside. Although the Indian…
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USD/CNH stalls below 50-DMA – Société Générale
USD/CNH remains capped by the 50-day moving average at 7.12 and is now testing the lower edge of its range near 7.08, with failure to break higher opening the door to declines…
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Pound Sterling weakens as UK mulls avoiding tax hikes in budget
The Pound Sterling (GBP) underperforms on Friday, paring back all the gains seen a day earlier, and looks set to end the week slightly in the red. The British currency trades lower…
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The central bank brings back inflation to its 2% target
European Central Bank (ECB) policymaker and Governor of the Central Bank of Latvia Mārtiņš Kazāks said during the European trading session on Friday that there is no need to adjust…
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Japanese Yen struggles amid BoJ uncertainty; weaker USD caps USD/JPY
The Japanese Yen (JPY) struggles to attract any meaningful buyers and languishes near a nine-month trough, touched against its American counterpart the previous day. Japan's Prime…
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