The Indian Rupee tumbles in Monday’s Asian session. A firmer USD, Donald Trump's trade policies and India's economic challenges weigh on the INR. The possible RBI intervention might prevent the local currency from depreciating … [Continue reading]
AUD/USD holds positive ground above 0.6200 in thin year-end trading
AUD/USD gains ground to near 0.6220 in Monday’s early Asian session. Fed officials have become more cautious about cutting interest rates, which might support the USD. The RBA dovish expectation is likely to weigh on the Aussie. … [Continue reading]
Russia Unemployment Rate in line with expectations (2.3%) in October
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Russia S&P Global Services PMI dipped from previous 53.2 to 51.2 in December
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Dow Jones Industrial Average sheds weight on risk-off Friday
The Dow Jones lost 400 points on Friday. Holiday markets traded on the low side, Dow ended the week flat. Another midweek holiday next week will crimp market volumes. The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet Friday. … [Continue reading]
NZD/JPY price analysis: Pair extends gains above 20-day SMA
NZD/JPY inches higher on Friday, touching 88.90 and holding recent upside momentum. MACD bars remain green but have flattened, signaling cautious optimism amid lingering downside risks. RSI moves up to 51, entering positive territory as buyers … [Continue reading]
Australian Dollar drifts near yearly support as holiday trade thins
Aussie dips to 0.6215 on a quiet Friday session. Year-end lull keeps markets subdued. RBA dovish bets rise amid easing inflation and mixed economic outlook. The Australian Dollar pair trades in a very tight range near the yearly support of 0.6200 in … [Continue reading]
AUD/USD declines to 0.6215 amid muted trading and RBA dovish tone
The AUD/USD pair traded in a narrow range near the key yearly support of 0.6200 during Friday’s North American session, slipping 0.14% to 0.6215. The muted price action reflects thin trading volumes as markets remain subdued ahead of the New Year … [Continue reading]
US Dollar advances as year-end caution lingers
DXY trades near 107.90 on Friday on a tight range. Trading desks remain short-staffed contributing to a muted trading. Holiday momentum keeps Dollar elevated as 2025 comes to an end. The US Dollar Index, which measures the value of the USD against a … [Continue reading]
Canadian Dollar continues its tepid stance on Friday
The Canadian Dollar tested back into recent lows and struggled to find gains. Canada’s economic data docket remains incredibly thin in the near term. Policy rate divergence is set to be the Loonie’s primary driver heading into 2025. The Canadian … [Continue reading]