USD/INR Outlook: Resistance at 83.70 Amid TensionsForex

USD/INR Outlook: Resistance at 83.70 Amid Tensions

Key Points: USD/INR struggles due to high U.S. Dollar demand and Middle East tensions. RBI anticipated to keep the repo…

Australian Dollar Slips as Trade Shrinks to $7.28BForex

Australian Dollar Slips as Trade Shrinks to $7.28B

Key Points: The Australian Dollar’s March trade surplus fell short at $7,280 million, below the $10,400 million expectation. US Dollar…

Japanese Yen: Surpassing 2-Week Peak, Targets 151.00Forex

Japanese Yen: Surpassing 2-Week Peak, Targets 151.00

Key Points: Japanese Yen reached a two-week high before seeing modest gains, with a sell trigger below 151.00. Resistance levels…

Canadian Dollar Rises, Countering Losses GloballyForex

Canadian Dollar Rises, Countering Losses Globally

Key Points: Canadian Dollar gains as US Dollar dips after disappointing ISM Services PMI. Mixed US economic data and Fed…

GBP/USD Rises 0.56% Amid Fed Remark, Weak US DataForex

GBP/USD Rises 0.56% Amid Fed Remark, Weak US Data

Key Points: GBP/USD rose to 1.264, up 0.56%, after Fed officials’ comments and weak US services data. Fed Chair hinted…

Swiss Franc Wavers: Drops 0.5% Against USDForex

Swiss Franc Wavers: Drops 0.5% Against USD

Key Points: The Swiss Franc weakened against the USD, dropping by 0.5%, but gained against the Euro and Pound. February’s…

USD/MXN Climbs 0.62%, Hits 16.65 Amid US StrengthForex

USD/MXN Climbs 0.62%, Hits 16.65 Amid US Strength

Key Points: USD/MXN increased by 0.62%, trading at 16.65 due to strong US indicators. Mexico’s manufacturing PMI slightly decreased to…

USD/JPY at 151.25 Amid Inflation, Fed SignalsForex

USD/JPY at 151.25 Amid Inflation, Fed Signals

Key points: USD/JPY trades at 151.25, experiencing a marginal decline of 0.09%. The US Core PCE Price Index moderates inflation,…

EUR/USD Edges Up 0.02%, Focus on Powell’s SpeechForex

EUR/USD Edges Up 0.02%, Focus on Powell’s Speech

Key points: EUR/USD is currently trading at 1.0788, showing a modest increase of +0.02%. Economic indicators reveal the Core PCE…

European Central Bank vs. Fed: Divided Rate PathsForex

European Central Bank vs. Fed: Divided Rate Paths

Key Points: European Central Bank adopts a dovish stance, signalling potential interest rate cuts in June, with key officials echoing…