News

The Indian rupee (INR) traded strongly on Wednesday as US Treasury yields fell. India’s inflation, measured by the Wholesale Price Index (WPI), remained in deflationary territory for the seventh consecutive…

USD/JPY pared the previous session’s losses following weak U.S. inflation data. However, during the Asian session on Wednesday, the pair moved higher around 150.60. The Japanese yen (JPY) faces challenges…

USD/CHF fell sharply on Tuesday, down more than 1.40%, falling to a fresh two-month low of 0.8879 after hitting a daily high of 0.9027, largely on the back of weak…

During the Asian session on Tuesday, USD/CAD rose to around 1.3810, extending gains for the second consecutive trading day. However, the U.S. dollar (USD) faces challenges as it struggles to…

USD/CHF remained well supported above the psychological support level of 0.9000 on Tuesday. The pair fell into consolidation as traders awaited the release of the US Consumer Price Index (CPI)…

NZD/USD continued its losing streak since November 6, falling to around 0.5870 in Asia on Tuesday. The New Zealand dollar is facing downward pressure, which may trigger a 0.9% month-on-month…

In the Asian market on Monday, GBP/USD continued its gains for the second consecutive day, rising to around 1.2230. GBP/USD may find upside support after the UK’s preliminary gross domestic…

The Australian dollar (AUD) is set to extend its week-long decline on Monday despite higher U.S. bond yields, while the U.S. dollar continues to weaken. However, AUD/USD came under pressure…

On Monday, Reserve Bank of Australia Assistant Governor (Economy) Marion Kohler spoke at a conference on Australia’s economic outlook. The downward trend in inflation will be slower than previously expected.…

The Australian dollar extended its losing streak since Monday’s opening bell. The AUD/USD currency pair is under downward pressure following hawkish comments from Federal Reserve Chairman Jerome Powell on Thursday.…