Category: Markets

The Indian Rupee (INR) edged higher in Wednesday’s Asian session, trading with a modest positive bias against the US Dollar (USD). The movement in the USD/INR currency pair comes amid heightened anticipation of critical Purchasing Managers’ Index (PMI) releases from both India and the United States, with broader market sentiment shaped by global macroeconomic dynamics. ...

The gold price (XAU/USD) extended its recovery momentum during the early Asian session on Wednesday, trading with a positive bias above the $3,350 mark. This rebound follows a moderate pullback from a multi-week high touched on Tuesday, as dip-buyers returned to the market amid a backdrop of mixed macroeconomic indicators, Federal Reserve policy expectations, and...

The Japanese Yen (JPY) extended its retreat against the US Dollar (USD) for the second consecutive session on Wednesday, with the USD/JPY pair edging higher during the Asian trading hours. Despite a modestly stronger Services PMI revision and building expectations of another Bank of Japan (BoJ) rate hike, the JPY remains under modest pressure.  This...

The EUR/GBP currency pair edged lower to 0.8445 in the early European session on Tuesday, retreating from a three-day winning streak as trade tensions between the European Union and the United States re-emerged.  Heightened concerns surrounding new tariff threats, in particular, a potential doubling of US import duties on steel and aluminium, are weighing on...

The Japanese Yen (JPY) has managed to pare back some of its intraday losses on Tuesday, bouncing off session lows as investors reassess the ongoing monetary policy divergence between the Bank of Japan (BoJ) and the Federal Reserve (Fed).  After a sharp bout of selling pressure early in the European session, the USD/JPY pair found...

The NZD/JPY currency pair remains firm above the 86.00 level, preserving its bullish structure that has been steadily evolving since the pair marked a yearly low at 79.81 on April 9. The cross has been exhibiting a classic technical progression of higher highs and higher lows, which continues to affirm the prevailing uptrend in the...

The EUR/USD currency pair has surged to a six-week high, reaching 1.1449, as intensifying global trade tensions and disappointing U.S. economic data weigh heavily on the Greenback.  The pair climbed 0.68% during the North American session, with the Euro strengthening amid escalating concerns over transatlantic trade relations and persistent manufacturing contraction in the United States....

The USD/CAD currency pair continues to show weakness, trading in negative territory around 1.3715 during the early Asian session on Tuesday. This bearish tone follows a wave of macroeconomic indicators, tariff-related tensions, and commodity price dynamics that have intensified market volatility.  Investors are now closely watching upcoming US labor market data for further direction, particularly...

The GBP/USD currency pair began June with renewed strength, climbing back above the 1.3550 level on Monday as deteriorating risk sentiment took a toll on the US Dollar (USD). A fresh bout of trade tensions, primarily spurred by the US administration’s aggressive tariff stance, sent shockwaves through global markets and spurred a broad-market Greenback selloff,...

The gold price (XAU/USD) is under mild pressure in the early Tuesday Asian trading session, as it pulls back from a multi-week high near $3,400, driven by a modest US Dollar (USD) rebound. Despite this dip, bearish momentum remains limited, and the lack of aggressive follow-through selling suggests that bulls still maintain a foothold in...