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Gold (XAU/USD) consolidates on Friday, remaining confined within this week’s trading range…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower intraday toward 1.2760, though a…
The AUD/USD pair edges lower during the North American session on…
Rabobank’s Senior FX Strategist Jane Foley notes that the Australian Dollar…
Forex News
The rupee rose for the second consecutive session on Friday to close…
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The rupee fell 12 paise to close at 88.14 (provisional) against the US dollar on Thursday amid sustained foreign fund outflows and a stronger greenback. However, positive…
The US ISM Services PMI is expected to improve a tad in August. The US services sector should remain in the expansionary territory.Speculation of two rate cuts…
GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50.US JOLTS report shows July job openings fell sharply, highlighting tariffs’…
Gold continues to push higher, sets new all-time-high.The US Dollar comes under renewed selling pressure after employment-related data.XAU/USD remains on track to end the seventh consecutive trading…
Atlanta Federal Reserve (Fed) President Raphael Bostic said that high inflation remained the Fed’s main risk, but added that signs of labour market weakness still pointed to…
The number of job openings on the last business day of July stood at 7.18 million, the US Bureau of Labor Statistics (BLS) reported in the Job…
The USD/JPY forecast indicates continued yen weakness amid political uncertainty in Japan. The Secretary General of Japan’s ruling party is planning to resign. Economists are predicting a…
The Indian rupee ended higher on Wednesday even as most Asian currencies fell, with market participants betting on the unit staging a recovery in the near term,…
