Forex

Key points: Rupee poised to open slightly higher, supported by bond inflows. U.S. Treasury yields reach near two-week high, posing challenges for Asian currencies. The Indian rupee is anticipated to open slightly higher on Thursday, driven by expected inflows from …

Key points:  The Japanese yen remains near a 38-year low, hovering around 160 per dollar, raising concerns of possible intervention by Japanese authorities.  US dollar strength continues as markets are in anticipation of its inflation data.  This article is a follow-up …

Key points Australian dollar rises 0.4% to $0.6675 Annual inflation jumps to 4.0% in May, above forecasts Market prices in higher probability of rate hike The Australian dollar surged higher on Wednesday after data revealed that inflation accelerated much more …

Key points: Yuan dropped to 7.2630 in morning trade, its lowest since November PBOC set the midpoint rate at 7.1225 per dollar, the weakest since November China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling …

Key points: Indian rupee expected to open weaker after US business activity rise. Dollar index climbs to 105.84, impacting rupee performance. The Indian rupee is likely to face pressure at the start of the week following a rise in U.S. …

Making thousands of dollars within a few clicks? Yes please!  That is the social appeal of forex trading. The instant gratification and the adrenalin rush can often blur the line between strategically trading the markets and gambling.   To sustain …

With a strong US dollar in the backdrop, the USDCNH currency pair is seeking to break above 7.30, despite efforts from the PBOC to counterbalance the US dollar.

Key points: The Australian dollar hits a 17-year high against the yen and a one-year top on the euro. The Reserve Bank of Australia (RBA) holds rates steady at 4.35% while warning of potential inflation risks. The Australian dollar experienced …

Key points: Sterling last bought $1.2719 Dollar slipped 0.05% against the yen to 157.99 Euro rose 0.03% to $1.0747 The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, …

Key points:  USD/JPY pair surged as the Bank of Japan leaves interest rates unchanged.  Lack of forward-looking guidance leads to a sharp decline of the Japanese yen.  Bank of Japan to begin reducing its ¥6 trillion monthly bond-buying program.  This …