Indian Forex Reserves Hit Record $642.49 BillionForex

Indian Forex Reserves Hit Record $642.49 Billion

Key Points: Indian Forex Reserves hit a record $642.49 billion. The consecutive increase was observed over four weeks, with a…

EUR/USD Rises to 1.0817, Awaits Key Data ImpactsForex

EUR/USD Rises to 1.0817, Awaits Key Data Impacts

Key Points: EUR/USD strengthens below mid-1.0800s amidst a softer US Dollar. Investors eye German retail sales and US GDP data…

Indian Rupee Dips; PMI Hits 8-Month HighForex

Indian Rupee Dips; PMI Hits 8-Month High

Key Points Indian Rupee weakens on Friday due to a stronger US dollar and higher US Treasury bond yields. HSBC…

Swiss National Bank Cuts Rates to 1.5%, DXY PeaksForex

Swiss National Bank Cuts Rates to 1.5%, DXY Peaks

Key Points The Swiss National Bank unexpectedly reduced interest rates by 25 basis points to 1.50%.  Subsequent demand surge for…

Australian Dollar Dips Again, Falls to 0.6540Forex

Australian Dollar Dips Again, Falls to 0.6540

Key Points The Australian Dollar depreciated for a second consecutive session, highlighting ongoing currency volatility. US Dollar strength attributed to…

Mexican Peso Gains: Up 0.76% to 16.67 Against USDForex

Mexican Peso Gains: Up 0.76% to 16.67 Against USD

Key Points The Mexican Peso strengthens against the US Dollar following the US Federal Reserve’s decision to maintain interest rates.…

Fed Holds Rates at 5.25%-5.50%, GBP/USD VolatileForex

Fed Holds Rates at 5.25%-5.50%, GBP/USD Volatile

Key Points Following Fed decisions, GBP/USD shows volatility in the 1.2700/1.2750 range. The US economy and labour market demonstrate strength;…

EUR/GBP Dips to 0.8541: Inflation & Policy ShiftsForex

EUR/GBP Dips to 0.8541: Inflation & Policy Shifts

Key Points EUR/GBP faces bearish momentum, as indicated by trading below key SMAs and a negative RSI. British inflation cools…

USD/CAD Hits 1.3578 Amid Economic SpeculationsForex

USD/CAD Hits 1.3578 Amid Economic Speculations

Key Points USD/CAD gains momentum, now at 1.3578, reflecting a firmer US Dollar. Anticipation builds around the Federal Reserve’s interest…

NZD/USD Dips 0.5%, Awaits Key Economic DataForex

NZD/USD Dips 0.5%, Awaits Key Economic Data

Key Points The NZD/USD pair experiences notable volatility amid economic uncertainties and data release anticipation. The exchange rate declines over…