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The US President Donald Trump administration has not approved the transfer of…
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF closed firmer at 0.8265 after trading in a tight 0.8228–0.8270 band. Intraday,…
The yen snapped a two-day losing streak against the dollar in…
The USD/JPY pair steadies around 158.50 during the Asian trading hours…
Forex News
The yen snapped a two-day losing streak against the dollar in Asian…
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A weak opening in domestic equity markets and heavy FII outflows further contributed to the fall in the local unit, forex traders said. Rupee declined 56 paise…
The Japanese Yen attracts some intraday sellers, though the downside seems limited. Rising geopolitical tensions and trade uncertainties should benefit the safe-haven JPY.The divergent BoJ-Fed policy expectations…
Israeli Minister of Defense Israel Katz declares a special state of emergency in the country throughout the entire state of Israel, per Axios. Following Israel’s preemptive attack on…
GBP/USD advances on Thursday, boosted by US PPI figures and jump on Initial Jobless Claims.UK GDP shrank 0.3% in April, biggest monthly drop since late 2022.Markets now…
The most recent statistics from the Bureau of Labour Statistics (BLS) show that Producer Prices increased by 2.6% in May compared to the previous year. The figure…
The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint.UK exports to the US saw their largest monthly decline in record, despite…
GBP/USD gains ground to near 1.3580 in Thursday’s Asian session. Traders see the Fed will cut its borrowing costs by September.The UK monthly GDP and US PPI data…
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts…
