Dollar Rally Resumes: Pressure on Gold and Crypto, USD/JPY Targets 165, CHF Weakens
The US dollar is resuming its upward trajectory, placing renewed downward pressure on gold prices and the broader cryptocurrency market. As of the
Forex News
Forex News
EUR/USD Under Pressure as YTD Lows at 1.1324 Come Into Focus
The EUR/USD currency pair continues to trade under significant selling pressure, with year-to-date (YTD) lows at 1.1324 increasingly within reach as of the
Forex News
CEE FX: Normalizing Interest Rates Open Door for Gains, ING Says
Central European foreign exchange markets are poised for potential gains as interest rates across the region normalize, according to a recent analysis from
Forex News
Oil Extends Decline, China Claims Semiconductor Breakthrough, Markets Eye Fed Rate Decision
Oil prices continued their downward trajectory on Tuesday, extending recent losses as global demand concerns persist, while markets also digested China’s claim of
Forex News
India’s Industrial Output Surges to 7.3% in June, Handily Beating Forecasts
India’s industrial production expanded at a faster-than-expected pace in June, with the Index of Industrial Production (IIP) rising 7.3% year-on-year, comfortably surpassing market
Forex News
India’s Cumulative Industrial Output Rises to 5.8% in June 2024, Signaling Steady Growth
India’s cumulative industrial output rose to 5.8% in June 2024, up from 5.1% in the previous month, according to the latest official data.
Forex News
Bitcoin, Ethereum, and XRP Remain Under Pressure as Risk-Off Sentiment Grips Markets
Bitcoin, Ethereum, and XRP prices continue to face selling pressure as a broad risk-off sentiment persists across global financial markets, dampening appetite for
Forex News
Australian Dollar Slides After RBA Governor Bullock’s Cautious Economic Outlook
The Australian dollar weakened against major peers on Monday after Reserve Bank of Australia (RBA) Governor Michele Bullock delivered a cautious assessment of
Forex News
Sterling slips as dollar strengthens ahead of Fed rate decision
Sterling edged lower against the US dollar on Wednesday, as the greenback found renewed buying interest ahead of the Federal Reserve’s latest interest
Forex News
Bank of Japan Preview: The Slow Path to Higher Rates
The Bank of Japan is widely expected to maintain its current ultra-loose monetary policy stance at its upcoming meeting, signaling a cautious and