India Inflation Risks Could Trigger FY27 Rate Hike, Warns Standard Chartered
Standard Chartered has issued a warning that elevated consumer price index (CPI) risks in India could force the Reserve Bank of India (RBI)
Forex News
Forex News
British Pound Slides as Iran Deal Doubts and Weak UK PMI Data Bite
The British pound extended its losses on Wednesday, pressured by renewed uncertainty surrounding the Iran nuclear deal and a disappointing reading of the
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Euro Under Pressure as US Dollar Gains on Iran Nuclear Talks Uncertainty
The euro weakened against the US dollar on Tuesday, as renewed uncertainty surrounding US-Iran nuclear negotiations fueled demand for the greenback as a
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Japanese Yen Slides as Strong US Manufacturing Data Boosts Dollar
The Japanese yen weakened against the US dollar on Tuesday, extending its recent decline after stronger-than-expected US Manufacturing PMI data reinforced expectations that
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SNB ‘Elevated Willingness’ to Intervene in FX Markets, Vice Chairman Says
The Swiss National Bank (SNB) maintains an ‘elevated willingness’ to intervene in foreign exchange markets, Vice Chairman Martin Schlegel stated, reinforcing the central
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Gold Retreats as Iran’s Uranium Demands Complicate US Nuclear Talks
Gold prices edged lower on Wednesday as diplomatic sources confirmed that Iran’s insistence on retaining enriched uranium stockpiles has emerged as a major
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Fed Officials Debate Extending Dollar Swap Lines to Global Central Banks
Federal Reserve policymakers are engaged in an internal debate over whether to extend or make permanent the dollar swap lines that provide liquidity
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Canada’s Gold Price Surge Bolsters Export Performance, RBC Reports
A sustained rally in global gold prices is providing a significant tailwind for Canadian exports, according to a recent analysis from RBC Economics.
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Indonesian Rupiah Gains Breathing Room After BI’s Jumbo Rate Hike, Says OCBC
Bank Indonesia’s aggressive interest rate hike has provided only temporary relief for the Indonesian rupiah, according to a new analysis from OCBC. The
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Yield Spread Pressure Weighs on Euro, Warns ABN AMRO
The euro is facing renewed headwinds from widening yield spreads, according to a recent analysis by ABN AMRO. The Dutch bank notes that
