WTI price steadies after surging nearly 4% on Thursday. Easing trade tensions between major Oil consumers provides support for the Oil. Oil prices face headwinds…
The Indian Rupee comes under renewed pressure as geopolitical tensions escalate between India and Pakistan. India’s announcement of neutralizing military threats along its northern and…
AUD/JPY advances with the shift in sentiment following renewed optimism surrounding US-China trade relations. Top diplomats from the US and China are scheduled to meet…
EUR/GBP struggles on hopes that the Trump administration may soon announce a trade agreement with the United Kingdom. The BoE is widely expected to deliver…
The US Dollar Index may extend its gains as the Federal Reserve maintains a cautious policy stance. Fed Chair Jerome Powell cautioned that US trade…
Indian Rupee loses ground due to weakened market sentiment following the Fed’s cautious policy outlook. The Fed acknowledged growing risks related to inflation and unemployment,…
AUD/USD may lose its ground amid the Federal Reserve’s cautious policy outlook. The Fed kept interest rates unchanged at 4.25%–4.50%, while highlighting increasing risks tied…
EUR/USD may revisit the April 21 high of 1.1573, marking its strongest level since November 2021. The RSI remains above the 50 level, reinforcing the…
NZD/USD struggles following disappointing Chinese economic data. China’s Caixin Services PMI fell to 50.7 in April from 51.9 in March, well below the forecast of…
EUR/GBP advances as the Euro strengthens, supported by stronger-than-expected Eurozone inflation data. The impact on the ECB’s policy outlook is likely to be limited despite…