Author: admin
The US Dollar Index outlook remains range-bound after a decline triggered by concerns about Fed independence. Markets await the release of US CPI data, which could influence the Fed’s monetary policy expectations. Technically, the index consolidates, but the overall trend remains constructive in the short term. The US Dollar Index is moving in a tight range as investors eye the December Consumer Price Index, remaining reluctant to take big positions before the inflation report. The index is hovering around the 99.00 mark after having its worst day in three weeks. This indicates a balance between slowing inflation and political uncertainty.…
West Texas Intermediate (WTI) Oil price extends its gains for the fourth successive session, trading around $59.70 per barrel during the European hours on Tuesday. WTI price climbs to six-week highs amid supply concerns after US President Donald Trump announced new tariffs targeting Iran’s trading partners.President Trump said on Monday that he would impose 25% tariffs on goods from any country doing business with Iran, stepping up pressure on Tehran amid widespread domestic protests. He added that the measure would take effect immediately, without providing further details.Iran, one of the Organization of the Petroleum Exporting Countries’ (OPEC) largest producers, is…
The rupee weakened by 5 paise to 90.22 against the US dollar in early trade on Tuesday, amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds. An unprecedented geopolitical concern and global trade uncertainties have accelerated the dollar demand worldwide, adding strength to the greenback and putting pressure on the Indian currency, analysts said. At the interbank foreign exchange, the rupee opened at 90.24 and gained slightly to trade at 90.22 against the greenback in early deals, registering a loss of 5 paise from its previous closing level. On Monday, the rupee ended 1…
NZD/USD gains ground for the second successive session, trading around 0.5780 during the Asian hours on Tuesday. The pair rises as the New Zealand Dollar (NZD) gains support after domestic Business Confidence climbed to 48% quarter-over-quarter in the fourth quarter (Q4) of 2025, its highest level since March 2014, up from 18% in the third quarter, according to the New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion.Christina Leung, principal economist at NZIER, said the survey shows lower interest rates are finally feeding through to the economy and the recovery is gaining traction. Leung added that the…
Japan’s Finance Minister Satsuki Katayama said on Tuesday that she had held a bilateral discussion with US Treasury Secretary Scott Bessent and confirmed she had raised the issue directly with US officials in Washington.Key quotesRaises concerns over weak yen with Washington.One-sided FX moves unacceptable.Confirms bilateral meeting with US Treasury’s BessentYen strengthens following verbal intervention.Officials signal tolerance for weakness is limited.Market reactionAs of writing, the USD/JPY pair is up 0.05% on the day at 157.96. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but…
Gold (XAU/USD) kicks off the week with strong upward momentum, surging to fresh record highs near $4,620 as renewed concerns over Federal Reserve (Fed) independence fuel broad risk aversion. At the time of writing, XAU/USD trades around $4,600, up nearly 2.0% on the day.Market sentiment has been shaken by an unprecedented development in the United States (US), where prosecutors have launched a criminal investigation into Fed Chair Jerome Powell.The rising political pressure on the Fed undermines confidence in US monetary policy and weighs on the US Dollar (USD), while supporting Gold amid growing economic uncertainty.At the same time, persistent geopolitical…
The USD/JPY pair trades firmly to its yearly high near 158.20 during the European trading session on Monday. The pair remains broadly firm while both the US Dollar (USD) and the Japanese Yen (JPY) are underperforming during the day. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar. USDEURGBPJPYCADAUDNZDCHFUSD-0.40%-0.42%-0.09%-0.28%-0.30%-0.48%-0.45%EUR0.40%-0.02%0.39%0.14%0.11%-0.06%-0.04%GBP0.42%0.02%0.40%0.15%0.14%-0.03%-0.03%JPY0.09%-0.39%-0.40%-0.25%-0.27%-0.45%-0.42%CAD0.28%-0.14%-0.15%0.25%-0.02%-0.20%-0.16%AUD0.30%-0.11%-0.14%0.27%0.02%-0.19%-0.16%NZD0.48%0.06%0.03%0.45%0.20%0.19%0.03%CHF0.45%0.04%0.03%0.42%0.16%0.16%-0.03% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top…
The Indian rupee closed nearly flat on Monday, wedged between a broadly weaker dollar and steady hedging demand from domestic firms, while optimism over U.S.-India trade talks offered some support to market sentiment. The rupee closed at 90.1525 per dollar, little changed from 90.1625 in the previous session.The dollar slid against major peers amid renewed concerns over the independence of the U.S. Federal Reserve, but traders said persistent corporate demand for dollars prevented the rupee from capitalising on the move.The greenback was last down 0.4% at 98.8 against a basket of peers, while gold struck a record high of more…
The rupee recovered from low levels and settled 2 paise higher at 90.16 (provisional) against the US dollar on Monday on weak American currency and sliding crude oil prices. Equity market sentiment also improved after the new US envoy to India, Sergio Gor, said that both sides are actively engaged in firming up a trade deal, forex analysts said. However, a volatile geopolitical situation kept the domestic currency under pressure, restricting its recovery, they said. Also, traders awaited cues from domestic and US macroeconomic data to be released this week. At the interbank foreign exchange, the rupee opened at 90.23…
EUR/CAD extends its gains for the second successive session, trading around 1.6210 during the European hours on Monday. The currency cross advances as the Euro (EUR) gains support from signs that the European Central Bank (ECB) is nearing the end of its rate-cutting cycle.Eurozone headline inflation slowed to 2.0% in December, a four-month low and in line with the ECB’s target, while core inflation eased to 2.3%, coming in slightly below forecasts. Easing inflation supports the view of policymakers that the European Central Bank (ECB) may keep interest rates at current levels unless the economic outlook changes significantly.Traders also adopt…