Currency

The US dollar maintained demand and the Indian rupee traded lower on Monday. Inflows related to initial public offerings (IPOs) provided some support to the rupee last week, but it…

During the Asian session on Monday, GBP/USD was trading around 1.2500, trying to extend gains for the third consecutive session. The hawkish tone from Bank of England (BOE) officials provided…

The Indian rupee (INR) fell on Friday as the US dollar (USD) attracted some buyers during the session. The Indian economy has shown resilience in the face of the global…

USD/CHF consolidated after rising slightly to around 0.8840 in Asia on Friday. USD/CHF is likely to weaken as market participants bet that the Federal Reserve will not raise interest rates…

USD/CAD pared intraday gains and was trading around 1.3690 during the European session ahead of Canadian retail sales data on Friday. Investors are betting that the Federal Reserve (Fed) may…

USD/MXN extended losses for the second consecutive day, falling to around 17.18 during early European trading on Thursday. The Mexican peso (MXN) was volatile after U.S. households raised their inflation…

USD/CHF is trending lower as the Swiss National Bank (SNB) continues to facilitate reshoring of the Swiss franc, maintaining strength. During the Asian session on Thursday, USD/CHF gave up recent…

The Indian rupee remained lower on Thursday, even as the dollar weakened and oil prices fell. Reserve Bank of India (RBI) Governor Das on Wednesday said the Indian rupee has…

In Asia on Wednesday, the EUR/USD tried to recover its losses from the previous trading day, rising slightly to around 1.0910. ECB President Christine Lagarde’s hawkish speech overnight provided some…

USD/MXN remained bearish as it hovered around 17.2000 during the Asian session on Wednesday. However, the USD/MXN pair found upward support after Tuesday’s Federal Reserve meeting minutes revealed a mildly…