Currency

The Indian rupee (INR) moved higher on Friday amid modest losses in the US dollar. Indian Finance Minister Nirmala Sitharaman will announce India’s mid-term budget for the fiscal year 2024-25…

In early Asian trading on Friday, the USD/CAD currency pair was in negative territory for the second consecutive trading day. The core PCE price index for December, the Fed’s preferred…

GBP/USD is trading above the psychological 1.2700 mark in early Asian trade on Friday. Better US GDP boosted GBP/USD. Markets are likely to turn cautious ahead of Friday night’s release…

Bearish flows weighed on EUR/USD further after the European Central Bank (ECB) kept interest rates steady and US fourth-quarter gross domestic product (GDP) grew faster than expected. The European Central…

During the London session, the EUR/USD pair exhibited cautious trading, lingering near significant resistance just below the 1.0900 level. This subdued movement comes as investors brace for the release of…

EUR/GBP maintained a defensive stance around 0.8550 during early European trading on Thursday, with the market closely monitoring the upcoming European Central Bank (ECB) monetary policy decision. At the time…

GBP/USD is trending lower on Thursday after pulling back from a fresh two-week high of 1.2774. GBP/USD fell to around 1.2710 in Asia on Thursday. Sterling initially found support after…

The Indian rupee (INR) fell on Thursday amid renewed demand for the US dollar. India’s economy is expected to grow 7.3% this fiscal year, beating even the most optimistic expectations…

In early Asian trading on Thursday, GBP/USD rose slightly. GBP/USD regained the 1.2700 mark on the back of risk-on sentiment. However, Thursday’s preliminary estimate of U.S. fourth-quarter (Q4) gross domestic…

EUR/USD rose to recent highs above 1.0930 on Wednesday after a surprise rise in European manufacturing PMIs and better-than-expected U.S. PMIs dampened sentiment, sending EUR/USD lower as investors Momentum on…