The AUD/USD trades flat around the 0.6400 zone as the US Dollar struggles to hold gains after weak business activity data. The US Composite PMI…
GBP/USD softens to around 1.3280 in Wednesday’s early Asian session. Markets react positively to Trump’s de-escalation, supporting the US Dollar. The US will aim for…
Euro edges higher amid US Dollar pressure after the White House pushes tariffs on Chinese ships, fueling global trade risks. Trump reportedly furious with Fed…
USD/JPY loses ground in Friday’s early Asian session. Japanese CPI climbed 3.6% YoY in March; core CPI rose 3.2%. The US Initial Jobless Claims fell…
The US Dollar (USD) weakened into the close of trading on Wednesday but has rebounded helped in part by optimism over the pace in which…
GBP/JPY trades near the lower end of its daily range after slipping below 189 All key moving averages align with the bearish bias RSI and…
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
The Indian Rupee gathers strength in Wednesday’s Asian session. The softer US Dollar and lower crude oil prices continue to underpin the INR. The US…
The Indian Rupee edges higher in Friday’s Asian session. Softer US Dollar and falling oil prices underpin the INR. The US March PPI and the…
GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data GBP/USD is on track for its fourth consecutive daily gain, trading near…