The Indian rupee was in negative territory during the Asian session on Tuesday. Rising US bond yields and further gains in crude oil prices weighed on USD/INR. Fed Chairman Powell’s…
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The AUD/JPY cross moved lower in Asian trading on Tuesday, retreating from the highest level since 2007 near 107.80-107.85 reached the previous day. AUD/JPY is currently trading around 107.25, but…
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The decline in US ISM manufacturing data led to a fall in the US dollar index and a slight strengthening of the euro, but the move was short-lived. The US…
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USD/CHF strengthened to its highest level since May 31 near 0.9040 in early European trading on Tuesday. The strengthening dollar and rising US bond yields provided some support for USD/CHF.…
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EUR/GBP rose for the fifth consecutive day around 0.8490 during early European trading on Tuesday. The euro (EUR) rose after the first round of French elections showed that the far…
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USD/CAD rose to around 1.3745 during early European trading on Tuesday. The pair’s gains were supported by a stronger dollar and rising U.S. Treasury yields. Canada’s June S&P Global Manufacturing…
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GBP/JPY halted its rally that started on June 17 and traded around 204.00 in early European trading on Tuesday. The cross hit its highest level since August 2008 on Monday.…
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USD/JPY opened on Monday with a subdued performance and consolidated its recent strong gains, reaching its highest level since December 1986 reached last Friday. USD/JPY is currently trading around the…
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GBP/USD strengthened to around 1.2655 in early Asian trading on Monday. The dollar fluctuated lower as the annual rate of the US PCE price index in May fell to the…
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The Indian rupee (INR) strengthened on Monday as the US dollar weakened. The inclusion of Indian bonds in the JPMorgan Emerging Markets Debt Index is expected to boost the INR…