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DBS Group Research economists Radhika Rao and Chua Han Teng highlight that…
Betting against the rupee at current levels is a low-probability trade, and the data now favours allocating toward rupee-denominated assets across…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann…
The AUD/USD pair edges lower during the North American session on…
Forex News
Betting against the rupee at current levels is a low-probability trade, and…
Latest News
Representative image: Forex reserves | Photo Credit: Baris-Ozer India’s foreign exchange reserves (Forex) declined by $4.4 billion in the week that ended August 22 to $690.720 billion,…
The Indian rupee plunged to a record low, breaching the psychological 88-per-dollar mark for the first time amid mounting fears that US tariffs could undermine the country’s…
The Dow Jones eased lower on Friday, testing below 45,500.Equities recoiled after US PCE inflation metrics rose in-line with forecasts.Despite fresh inflation pressure, markets are still banking…
AUD/USD gained ground for a fourth straight session on Friday.The Aussie is gaining ground on a slumping US Dollar as Fed rate cut hopes remain.Markets largely shrugged…
Silver advances to its strongest level since September 2011.Markets are pricing about an 87% chance of a Fed rate cut in September, despite firmer core PCE inflation.Technical…
Gold reverses losses on Friday, climbing to a 2-month high near $3,450.Despite a firmer US Dollar, bullion found renewed demand as traders maintained bets on Fed easing.US…
The Swiss Franc strengthens for a fourth straight day, sending USD/CHF toward fresh one-month lows.The US Dollar Index (DXY) slips below 98.00 as markets price in an…
Foreign currency assets fell by $3.65 billion | Photo Credit: Max Zolotukhin India’s forex reserves fell by $4.39 billion on week to $690.7 billion for the week…
