Indian Rupee Holds Steady as Government Scraps Capital Gains Tax on Bonds
The Indian rupee traded in a narrow range against the US dollar on Monday, showing little immediate reaction to the government’s surprise announcement
Forex News
Forex News
British Pound Faces Growing Pressure Below 1.3390 Against US Dollar, UOB Warns
The British Pound is encountering increasing downside pressure against the US Dollar, with technical indicators suggesting a potential break below the key support
Forex News
USD/CAD Extends Rally Above 1.3900 as Bullish Momentum Strengthens Above Key Moving Average
The USD/CAD currency pair has extended its recent gains, trading firmly above the 1.3900 level during the North American session on Tuesday. The
Forex News
Gold: Central Bank Demand Resumes, ING Reports
Central banks have resumed their strategic accumulation of gold, according to a new analysis from ING. The report signals a reversal of a
Forex News
Swiss Franc Slips Against US Dollar as Softer Inflation Data Fuels Rate Cut Speculation
The Swiss Franc edged lower against the US Dollar on Thursday, extending modest losses after the release of softer-than-expected inflation data from Switzerland.
Forex News
US Dollar Gains Support from Higher Yields and Fed Repricing, Says MUFG
The US dollar is finding renewed support from a combination of rising bond yields and a market repricing of Federal Reserve monetary policy
Forex News
Gold Bulls Hesitate as Iran Uncertainty and Fed Rate Hike Bets Limit USD Corrective Slide
Gold prices are struggling to find clear direction this week as a mix of geopolitical tensions and shifting monetary policy expectations keeps the
Forex News
Gold Forecasts Revised Lower on Rising Bond Yields: OCBC
OCBC Bank has revised its gold price forecasts downward, citing the persistent pressure from rising bond yields. The adjustment reflects a reassessment of
Forex News
Swiss Franc Recovers Losses as April Trade Surplus Holds Steady
The Swiss franc pared earlier losses against major currencies on Tuesday, after data from the Federal Customs Administration showed the nation’s trade surplus
Forex News
Japanese Yen Stays Weak Against Dollar, Losses Capped Below 159.95: UOB
The Japanese yen remains under pressure against the US dollar, though further losses are being contained below the key 159.95 level, according to
