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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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GBP/USD rises as May US CPI rose 2.4% YoY, below the 2.5% expected.Traders eye Thursday’s US PPI to confirm easing inflation trend.UK fiscal outlook dims as £2T…
The USD/JPY forecast shows an increasing likelihood that the BoJ will delay rate hikes to next year. Talks between China and the US ended, easing trade war…
The US-China deal fails to provide any significant support to the US Dollar.The lack of details about the agreement has triggered some scepticism among the investors.Markets are…
The rupee rose 6 paise to 85.51 against the US dollar in early trade on Wednesday, aided by strong FII inflows and a decline in global crude…
Gold price regains positive traction following the previous day’s range-bound price moves.Trade-related uncertainties and geopolitical risks underpin the safe-haven precious metal. A modest USD strength might cap…
USD/CAD trades flat around 1.3670 in Wednesday’s early Asian session. A potential US-China trade deal could provide some support to the US Dollar. The BoC held the key rate…
USD/JPY remains supported above 144.00 as US-China trade talks remain in focus.Bank of Japan Governor Kazuo Ueda’s hawkish tilt limits Yen weakness.The US Dollar steadies ahead of…
59 of 105 economists polled by Reuters said that they expect the Federal Reserve (Fed) to resume cutting interest rates in the next quarter, likely in September.More…
