Forex

Indian Rupee: Economic Forces and Geopolitical Risks

Key Points: Rising oil costs weaken the Indian Rupee due to India's significant oil imports, impacting its trade deficit and…

3 weeks ago

USD/CAD Climbs to 1.3780 Amid Geopolitical Tensions

Key Points: Israeli strikes in Iran propel USD/CAD to 1.3780, driven by Middle East uncertainties and US dollar strength. Rising…

3 weeks ago

GBP/USD Hits 1.2450 Amid Economic Signals

Key Points: GBP/USD trades at 1.2450 in the early Asian session, responding to UK and US economic cues. UK CPI…

3 weeks ago

GBP/JPY Rallies, Nears 193.00 Amid UK Rate Hikes

 Key Points: GBP/JPY Pair nears 193.00 resistance, potential drop to 190.00 support if resistance holds. Market sentiment is divided as…

3 weeks ago

USD/JPY Falls to 154.30, Down in Asian Session

Key Points: The USD/JPY  pair dropped to 154.30 amid a weakened US dollar and Japan's significant trade surplus shift. Japan's…

3 weeks ago

USD/MXN Surges to 17.04, Past Key Levels

Key Points: USD/MXN surged, breaking key resistance and hitting 17.04. Fed's Powell hinted at a strong US economy, pressuring Peso.…

3 weeks ago

USD/CAD Targets 1.4000, Early 2024 Trends

Key Points: USD/CAD trades at 1.3820, showing resilience despite recent lows. BoC holds rates at 5%, with potential cuts if…

3 weeks ago

EUR/USD Nears Low at 1.0600 Amid Rate Cuts

Key Points EUR/USD near a recent low at 1.0620 due to economic updates and policy outlooks. Key Eurozone inflation data…

3 weeks ago

USD/JPY Nears 34-Year High, Tests Mid-154.00s

Key points BoJ shifts policy, ending negative rates and moving to data-guided decisions. USD/JPY breached 152.00, nearing mid-154.00s; watch for…

3 weeks ago

New Zealand Dollar Falls to 0.5880 Amid Tensions

Key Points: New Zealand's CPI is expected at 0.6%; China's GDP beats forecasts. Iran's airstrike and embassy attack increase market…

3 weeks ago

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