USD/INR slips to 85.36 as the Indian Rupee rebounds after last week’s decline. India’s HSBC Manufacturing PMI was revised to 57.6 in May, signaling a…
EUR/GBP trades near the mid-0.8500s after gaining ground post-European session. Bullish bias intact despite mixed short-term signals. Key moving averages and longer-term indicators support upside…
Here is what you need to know on Friday, April 25: Following Thursday’s decline, the US Dollar (USD) gathers strength against its rivals early Friday…
The Canadian Dollar (CAD) lost ground yesterday after weaker than expected CPI data lifted market speculation that the BoC could cut interest rates at today’s…
GBP/USD trades near 1.2850 after recovering recent losses, BoE’s Breeden speech awaited The GBP/USD pair recovers its daily losses and continues its winning streak for the third…
The Australian Dollar drifts higher in Tuesday’s Asian session. China’s Caixin Manufacturing PMI rose to 51.2 in March vs. 51.1 expected. Traders will closely watch…
The USD is tracking a little higher so far today but markets appear to be idling as investors await data and developments. Dollar gains are…
The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly-expected 25 bps rate cut. Trade war concerns continue to boil…
GBP/USD climbs back above mid-1.2600s, closer to over two-month peak touched on Friday The GBP/USD pair kicks off the new week on a positive note…
Sterling is a little firmer on the session, regaining the low 1.26 zone where recent gains have stalled. The CBI Trends survey reflected slightly better—but…