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Markets
Australian Dollar recovers recent losses as RBA hike expectations grow
The Australian Dollar (AUD) advanced against the US Dollar (USD), recovered its losses on Friday. The AUD/USD pair faced challenges amid broad-based selling in global equities and…
Japanese Yen holds gains vs. USD amid BoJ rate hike bets, risk-off mood
The Japanese Yen (JPY) sticks to modest recovery gains against a broadly retreating US Dollar (USD) through the Asian session on Friday, though it lacks bullish conviction and…
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Gold price in India: Rates on February 6
Gold prices rose in India on Friday, according to data compiled by FXStreet.The price for Gold stood at 14,016.39 Indian Rupees (INR) per gram, up compared with the INR 13,982.07…
EUR/USD strives to gain ground near 1.1770 on improving dovish Fed prospects
The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an…
USD/CAD pulls back to near 1.3700 as Oil prices rebound
USD/CAD remains steady after paring daily gains, trading around 1.3700 during the Asian hours on Friday. The pullback reflects support for the commodity-linked Canadian Dollar…
Central bank needs to proceed with further rate hikes to complete policy normalisation
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Friday that Japan has shifted into inflation as policy normalization continues.Key quotesMust be vigilant as inflation…
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GBP/USD slides to two-week low near 1.3500 on dovish BoE, strong USD
The GBP/USD pair adds to the previous day's dovish Bank of England (BoE)-inspired heavy losses and drifts lower for the third straight day on Friday. The downward trajectory is…
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