News

The Indian rupee fell despite a drop in the dollar. Minutes from the Federal Reserve’s (Fed) January meeting and weaker-than-expected bond auctions pushed U.S. Treasury yields higher, weighing on the…

On Thursday, Federal Reserve Governor Christopher Waller said there was no rush to start cutting interest rates. Waller further said that we need to see further evidence of a pullback…

In early Asian trading on Friday, GBP/USD rose slightly and was above the mid-1.2600 level. A lower US dollar has provided some support for GBP/USD. As of press time, GBP/USD…

AUD/USD edged higher to trade at 0.6559, having previously hit a high of 0.6595, as technical conditions are influencing the trend. Strong U.S. employment data and an expanding economy suggest…

In early Asian trading on Friday, the NZD/USD pair interrupted its seven consecutive gains and fell below the 0.6200 mark. NZD/USD’s losses were underpinned by a decline in New Zealand’s…

USD/JPY rebounded after falling on Thursday, as low as 150.02, before bouncing back to the 150.60 area following mixed but generally positive US PMIs. Following this week’s major data releases,…

On Thursday, Bank of Japan Governor Kazuo Ueda said that Japan will make appropriate monetary policy decisions as inflation intensifies. More quotes Services prices continued to rise moderately. A tightening…

NZD/USD rose for a seventh day in a row on Thursday, setting a new near five-week high during the Asian session. However, spot prices remain capped near the 0.6200 mark…

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…