The Indian Rupee extends its downside in Tuesday's Asian session. Trump's tariff threat, foreign fund outflows, and a stronger USD weigh on the INR. The US October JOLTs Job Openings will be released on Tuesday. The Indian Rupee (INR) … [Continue reading]
USD/CAD flat lines near 1.4050 amid firmer US Dollar, upbeat US data
USD/CAD holds steady around 1.4045 in Tuesday’s early Asian session. US ISM Manufacturing PMI rose to 48.4 in November vs. 46.5 prior. Canadian Manufacturing PMI climbed to a 21-month high in November. The USD/CAD pair trades flat near … [Continue reading]
US Dollar gains as Trump threatens tariffs against BRICS, boosting the Greenback
The US Dollar Index soars above 106.50 on Monday. DXY surges higher driven by Trump's warnings on tariffs against BRICS nations Strong November ISM manufacturing PMI helps the USD. The US Dollar Index (DXY), which measures the value of the USD … [Continue reading]
Pound Sterling weakens against US Dollar after Trump threatens to tariff BRICS
The Pound Sterling falls on Monday against the US Dollar after Donald Trump threatened BRICS with 100% tariffs, supporting the Greenback. Trump said he would impose tariffs if the trading group tried to replace the US Dollar with their own … [Continue reading]
United Kingdom S&P Global/CIPS Manufacturing PMI below expectations (48.6) in November: Actual (48)
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]
USD/INR edges higher as Trump’s tariff threats to BRICS boost the US Dollar
The Indian Rupee weakens in Monday’s early European session. The Indian November HSBC Manufacturing PMI came in at 56.5 vs. 57.5 prior, weaker than expected. Persistent portfolio outflows and weak domestic macroeconomic data undermine … [Continue reading]
Australia’s Retail Sales climb 0.6% MoM in October vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, climbed 0.6% MoM in October, compared to a rise of 0.1% in September, the official data published by the Australian Bureau of Statistics (ABS) showed on Monday.The reading … [Continue reading]
China NBS Non-Manufacturing PMI came in at 50 below forecasts (50.2) in November
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]
China NBS Manufacturing PMI meets expectations (50.3) in November
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]
Ripple’s XRP crosses $100 billion market cap following high expectations for its stablecoin and ETF approvals
Ripple’s XRP rose to $1.7 after rumors of RLUSD approval by New York regulators made the headlines. Bitwise's André Dragosch stated that an XRP approval is even more likely in 2025 as retail investors show higher demands. XRP could extend its rally … [Continue reading]