Category: Markets

The Indian Rupee (INR) came under renewed pressure during Tuesday’s early European session, reflecting a broader strengthening in the US Dollar (USD). The surge in the greenback, coupled with rising crude oil prices, led to a sharp pullback in INR’s recent momentum.  At the center of the move is a growing divergence between domestic fundamentals...

The Australian Dollar (AUD) came under renewed selling pressure on Tuesday, reversing its prior gains as the US Dollar (USD) retained strength ahead of the closely watched JOLTS Job Openings report.  The AUD/USD currency pair remained under pressure following the release of the Reserve Bank of Australia (RBA) Meeting Minutes from May, disappointing Chinese economic...

The USD/CHF currency pair is showing modest upward movement, trading near 0.8180 in Tuesday’s early European session, underpinned by a slight recovery in the US Dollar (USD). Despite this uptick, the pair continues to exhibit a bearish technical structure, remaining constrained beneath the 100-day Exponential Moving Average (EMA).  With a Relative Strength Index (RSI) still...

West Texas Intermediate (WTI) crude oil prices surged during the early Asian trading hours on Monday, reaching approximately $61.90, marking a notable 2.70% daily gain. The rally comes amid intensifying trade tensions, fresh geopolitical uncertainties, and critical developments in OPEC+ oil production policy.  As global markets weigh multiple crosswinds, energy traders are assessing the balance...

The NZD/USD currency pair is trading higher, climbing close to the psychologically significant 0.6000 level during early Asian trading hours on Monday.  This upward momentum in the New Zealand Dollar (NZD) comes as the US Dollar (USD) faces selling pressure amid rising US trade protectionism, legal uncertainty, and renewed inflation concerns. TelaraX features a detailed...

The Australian Dollar (AUD) has continued to strengthen against the US Dollar (USD) despite mounting global trade tensions and a mixed bag of domestic and international economic indicators.  As of Monday, the AUD/USD currency pair appreciated by more than 0.50%, defying headwinds from a weakening Australian macroeconomic landscape and heightened uncertainty stemming from the ongoing...

The USD/CHF currency pair has extended its downtrend, falling close to the 0.8200 mark, reflecting a combination of renewed safe-haven demand for the Swiss Franc (CHF) and escalating concerns over US economic growth and inflation risks.  This marks the third consecutive session of losses for the pair, with USD/CHF last seen trading around 0.8210 during...

The EUR/USD currency pair is gaining positive traction early in the week, advancing toward the 1.1370 mark in Monday’s European trading session, registering a 0.25% gain on the day. The rally in the pair is primarily attributed to the weakness of the US Dollar (USD), which remains under pressure due to escalating trade tensions and...

The gold price (XAU/USD) edged higher during Monday’s early US session, building on the momentum gained during Asian trading hours and climbing towards a fresh daily high near $3,317.  This intraday advance in the yellow metal reflects a blend of macroeconomic, geopolitical, and technical factors, all converging to offer support for gold in the current...

The price of silver (XAG/USD) begins the new trading week on a firm footing, climbing back above the critical $33.00 psychological mark during the Asian session. This modest rebound follows a partial retracement of Friday’s pullback and has attracted attention from dip-buyers, signaling sustained interest in the precious metal.  However, the upside move so far...