Indian Rupee trades weaker in Thursday’s Asian session. The month-end US Dollar bid and Trump’s headline weigh on the INR. The second estimate of the US Q1 GDP report will be in the spotlight later on Thursday. The Indian Rupee (INR) … [Continue reading]
GBP/USD hits a second day of downside ahead of key US data
GBP/USD fell for a second consecutive session as Cable bets pull back.The UK side of the data docket remains light for the remainder of the week.Fed Meeting Minutes revealed a staunchly apprehensive Fed, key US data ahead.GBP/USD pared further gains … [Continue reading]
EUR/USD slips below 1.13 as Fed turns cautious amid looming stagflationary risk
Fed Minutes warn of persistent inflation and stagflation risks amid tariff-driven uncertainty.DXY rises 0.26% as markets favor the Greenback ahead of key economic data.ECB’s Lane dismisses sub-1.5% rates unless inflation outlook deteriorates … [Continue reading]
Fed Minutes expected to outline hawkish stance amid trade tariffs uncertainty
The Minutes of the Fed’s May 6-7 gathering are due on Wednesday.The Federal Reserve kept the benchmark interest rate on hold, as expected.The US Dollar is at risk of piercing its 2025 low amid tariff-related concerns.The Federal Open Market Committee … [Continue reading]
GBP/USD Forecast: Pound Sterling sellers could show interest with break below 1.3500
GBP/USD stabilizes near 1.3500 following Tuesday's bearish action.Technical sellers could look to retain control if GBP/USD breaks below 1.3500.In the absence of high-tier data releases, markets will focus on FOMC Minutes.GBP/USD trades in a narrow … [Continue reading]
Sui Price Forecast: SUI targets $4 breakout as community vote begins on Cetus funds
The Sui Foundation releases a code for an on-chain vote for its community to decide on the recovery of stolen funds.With 34 votes in favor, an additional 24 'yes' responses are required to regain control of the frozen funds. SUI soars as the … [Continue reading]
Japan’s Kato says will closely monitor bond market situations
Japan’s Finance Minister Shunichi Kato said on Wednesday that he will closely monitor bond market situations as he is concerned about a recent spike yields in Japan.This comment came after two sources told Reuters on Tuesday that Japanese … [Continue reading]
Dow Jones Industrial Average climbs nearly 750 points on Tuesday’s tariff rebound
The Dow Jones Industrial Average gained ground on Tuesday.Investor sentiment is rebounding after US President Trump delayed his own tariffs once again.Trump’s proposed additional 50% tariff on EU goods has been delayed until July 9.The Dow Jones … [Continue reading]
GBP/USD eases from three-year high as US Dollar steadies on trade hopes
The British Pound slips from a three-year high amid a modest rebound in the US Dollar. GBP/USD trades near 1.3500, down nearly 0.50% on the day.The UK’s stronger-than-expected inflation data from last week trims bets on rate cuts.The British … [Continue reading]
EUR/USD corrects as Greenback recovers on progress in US-EU trade talks
EUR/USD faces selling pressure above 1.1400 as the US Dollar rebounds on increased hopes of a quick bilateral trade deal between the US and the EU.European officials asked domestic companies to provide details on US investment proposals.Inflation in … [Continue reading]