UOB economist analysts Quek Ser Leang Lee and Sue Ann report that GBP/USD traded softer, closing at 1.3366 after a narrower 1.3359–1.3436 range than expected. They see…

Silver price (XAG/USD) gains ground after registering small losses in the previous day, trading around $71.50 during the Asian hours on Thursday. Non-interest-bearing Silver finds support as…

The Australian Dollar begins Thursday’s session with minuscule gains of 0.04%, after posting losses of 0.68% on Wednesday, courtesy of broad US Dollar strength, despite improved risk…

Nordea’s Group Chief Economist Helge J. Pedersen notes that the Danish parliamentary election has produced a highly fragmented Folketing, with 12 parties entering parliament and no majority…

EUR/GBP trades around 0.8650 on Wednesday, slightly lower on the day, as investors weigh rising inflation risks in the Eurozone against mixed macroeconomic signals from the United…

The rupee slumped 29 paise to close at record low of 94.05 (provisional) against the US dollar on Wednesday as heavy FII outflows and simmering tensions in…

The Indian rupee weakened slightly on Wednesday but held off pressure from dollar demand linked to maturing non-deliverable forwards and foreign portfolio outflows, as the central bank…

Deutsche Bank’s Chief UK Economist Sanjay Raja notes that UK inflation data broadly matched expectations, with Headline CPI at 3% and stronger Services CPI driving a firmer…