News

The Pound Sterling (GBP) has retraced to its previous range following a mild correction during Friday’s European session. The downside for the Pound appears cushioned as Bank of England (BoE)…

The Indian rupee (INR) strengthened on Thursday on the back of a weaker US dollar (USD) and lower US bond yields. Reserve Bank of India (RBI) Governor Shaktikanta Das will…

The yen fell against the U.S. dollar for a second straight day on Thursday, but remained within the volatile range seen since the start of the week. Bank of Japan…

In early Asian trading on Thursday, NZD/USD strengthened above 0.6100. New Zealand’s fourth-quarter labor market data was solid and the prospect of further tightening by the New Zealand Reserve Bank…

More importantly, the path for short-term interest rates going forward will be set at an appropriate level so that consumer inflation remains close to the Bank of Japan’s 2% target…

The U.S. dollar index challenged the 104.00 support level in an environment where U.S. Treasury yields fluctuated slightly and the risk environment remained. In the United States, Thursday will release…

In early Asian trading on Thursday, AUD/USD consolidated above the psychological mark of 0.6500. The U.S. dollar’s decline and markets maintaining a risk environment have provided some support for AUD/USD.…

As we predicted, Fed Chairman Jerome Powell poured cold water on gold and other markets, and we are now experiencing a sell-off following an expectation reset. Gold, like nearly every…

AUD/JPY is trending higher for the second consecutive day in Asia on Wednesday, trading around 96.70. AUD/JPY strengthened after Reserve Bank of Australia Governor Bullock’s hawkish speech on Tuesday boosted…

The yen strengthened against the dollar on Wednesday, but lacked follow-through and remained near year-to-date lows hit a day earlier. Real wages in Japan fell for the 21st consecutive month…