Currency

In the Asian session on Wednesday, the USD/JPY currency pair demonstrated resilience, stabilizing above its three-month lows in the mid-147 range. This stability was attributed to slight increases in US…

The US dollar strengthened and the Indian rupee traded lower on Wednesday. The Global Credit Outlook 2024 released by Standard & Poor’s shows that India is expected to become the…

In early European trading on Wednesday, USD/CAD ended two consecutive gains. USD/CAD still faces resistance near the 100-day moving average of 1.3600. USD/CAD has attracted some sellers despite the U.S.…

The Indian rupee (INR) traded firmer on Tuesday amid lower oil prices and lower US Treasury yields. Prime Minister Narendra Modi’s Bharatiya Janata Party won elections in three of the…

The U.S. dollar showed signs of recovery on Tuesday, hovering near a one-week high against a basket of currencies. In contrast, the Australian dollar experienced a dip after the Reserve…

USD/CAD gained a second straight day of positive momentum on Tuesday, building on the previous day’s rebound from the $1.3480 area, the lowest level since September 29. Driven by bearish…

On Monday, the U.S. dollar opened on a lower note, concurrently witnessing a strengthening Indian rupee. The surge in investor inflows into Indian markets and robust growth data have prompted…

On the first trading day of the week, the euro encountered mild downward pressure, signaling a retreat from recent highs of 1.1017 achieved in November. While the euro’s impressive rise…

In the wake of cautious comments from Federal Reserve Chair Jerome Powell, the U.S. dollar faced challenges in regaining ground on Monday. Powell’s remarks emphasized the anticipated slowing of the…

The dollar opened lower on Monday, while the Indian rupee strengthened. Investor inflows into Indian markets and stronger growth data have prompted economists to raise their growth forecasts for Asia’s…