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The Aussie Dollar ended Friday’s session on a positive note, gaining 0.38%…
RBI has decided to open a special window to meet the entire daily dollar requirements of three public sector oil marketing companies…
The Reserve Bank of India (RBI) has tightened rules for foreign…
The euro was poised for a fifth straight weekly drop on…
Forex News
RBI has decided to open a special window to meet the entire daily…
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Immediate support lies at 89.65, with recovery possible only if the RBI intervenes near the 90 level. | Photo Credit: Reuters The Indian rupee declined to a…
EUR/USD remains range-bound near 1.1610, with support at 1.1500 and resistance at the 100-day moving average of 1.1644. Eurozone November CPI data reinforces the ECB’s on-hold stance,…
European Central Bank (ECB) policymaker Martin Kocher stated during the European trading session on Tuesday that the central bank should “keep powder dry and be able to…
The rupee depreciated 32 paise to an all-time low of 89.85 against the US dollar in early trade on Tuesday, weighed down by the broad strength of…
The USD/CAD pair clings to Monday’s recovery move to near 1.4010 during the Asian trading session on Tuesday. The Loonie pair bounced back on Monday as the…
GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will…
The GBP/USD post modest gains rise over 0.20% on Monday as investors grow confidence that the Federal Reserve might cut rates in the next week meeting, and…
Analysts said the market is positioning for a stronger dollar as the RBI remains heavily short in forwards and is adopting a “soft-touch” intervention strategy. The rupee…
