LME Copper convenience yields are now reflecting critically low inventories, TDS’ Senior Commodity Strategist Daniel Ghali notes. Copper’s tension builds”Metal has flowed out of the system over…

The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to…

The rupee plunged 23 paise to close at a five-month low of 86.78 (provisional) against the US dollar on Monday amid a strengthening dollar and volatile crude…

India’s foreign exchange reserves provide a crucial cushion against geopolitical turmoil, inflation, and currency pressure, says RBI member. | Photo Credit: iStockphoto India’s $700 billion in foreign…

The USD/CAD outlook is positive amid dollar’s safe-haven demand. Escalating Iran-Israel conflict and rising oil prices support the pair. Diverging economic outlook limits the gains. The USD/CAD…

EUR/GBP strengthens to around 0.8570 in Monday’s early European session.Weaker-than-expected UK Retail Sales continue to undermine the Pound Sterling and create a tailwind for the cross. The ECB…

The Australian Dollar depreciates as market sentiment weakens following US attacks on Iran’s three nuclear facilities.Australia’s Services PMI improved to 51.3 in June from 50.6 prior, while…

Rupee declined 17 paise to 86.72 against the US dollar in early trade on Monday as global crude oil prices surged following the US’s attack on three…