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The Indian rupee is likely to draw support from a retreat in the dollar and a plunge in US Treasury yields at Friday’s open, although another surge…
The yen was steady on Friday ahead of the Bank of Japan’s policy decision, while the dollar tracked Treasury yields lower as a fresh wave of selling…
A Galaxy Research report published on 26 October, covered by an industry outlet on 28 October, finds that nearly all of the institutional selling in US spot…
The Australian Dollar weakens against the US Dollar on Thursday after encountering a key resistance confluence at the 50- and 200-day SMAs, while strong US data reaffirmed…
The Pound Sterling appreciates against the US Dollar on Thursday, even though US economic data was solid: GDP figures exceeded estimates, inflation rose, and the job market…
The United States’ (US) Gross Domestic Product (GDP) grew at an annual rate of 3.4% in the third quarter, the US Bureau of Economic Analysis’ (BEA) first…
DBS Group Research economist Philip Wee notes that the Federal Reserve’s hawkish pause did not sustain the Dollar’s rally, even as US Treasury yields rose. He highlights…
Market players described the RBI’s intervention as ‘relatively mild’ | Photo Credit: Nisha Dutta The Reserve Bank of India likely stepped into the foreign exchange market on…