Currency

European Session – London: The Pound Sterling (GBP) is making gains towards weekly highs in Thursday’s European session, driven by an overall positive market sentiment. The GBP/USD pair is advancing…

The Indian rupee (INR) was flat on Thursday amid slight losses in the US dollar. While India’s inflation expectations are likely to stabilize and decline, inflationary pressures in grains and…

USD/CAD extended its losses to around 1.3490 in Asia on Thursday amid weakness in the greenback, which could be attributed to low U.S. Treasury yields. However, U.S. bond yields rebounded…

In early Asian trading on Thursday, GBP/USD strengthened below the mid-1.2600 level. The focus will turn to the UK and the UK S&P Global Purchasing Managers Index (PMI). GBP/USD is…

The US Dollar (USD) faced challenges on Tuesday, with the USD Index recording its lowest daily close in two weeks near 104.00. Early on Wednesday, attempts at a rebound proved…

The Pound Sterling (GBP) faces challenges in retaining gains during Wednesday’s European session, slipping from a fresh weekly high near 1.2670. Tuesday’s upward movement in the GBP/USD pair appeared inconsistent…

USD/CAD rose above the 1.3500 mark in early Asian trade on Wednesday. Canadian inflation data was weaker than expected, weighing on the Canadian dollar (CAD) and becoming a “tailwind” for…

In early Asian trading on Wednesday, GBP/USD rose above the 1.2600 mark. Upbeat comments from Bank of England Governor Andrew Bailey boosted the pound. GBP/USD is trading around 1.2625, unchanged…

GBP/JPY was marginally higher in intraday trading on Tuesday, recording 189.24. Factors affecting the GBP/JPY trend include continued changes in financial and economic conditions in the UK and Japan, which…

The US Dollar continued its ascent above 150 yen for the sixth consecutive day on Tuesday, bolstered by growing skepticism that Japan’s era of ultra-low interest rates would conclude soon.…