USD/INR trades with mild losses ahead of Fed rate decision
Financial markets are now pricing in nearly a 98% possibility of a quarter point reduction and near 70% odds of a ...
NZD/USD clings to gains near 0.5980 area after China’s trade data, Fed decision awaited
China's Trade Balance for October, in Chinese Yuan (CNY) terms, came in at CNY679.1 billion, expanding from the previous figure of CNY582.62 billion, led by an 11.2% YoY rise in exports. This comes on ...
Gold price loses ground due to solid US Dollar following Trump’s victory
Gold price may receive support as Republican Donald Trump could lead to higher inflation, given his pledge to significantly raise trade tariffs. This may prompt investors to seek safe-haven assets as ...
China’s Trade Balance: Surplus widens in October as Exports rebound firmly
China's Trade Balance for October, in Chinese Yuan (CNY) terms, came in at CNY679.1 billion, expanding from the previous figure of CNY582.62 billion. Exports jumped by 11.2% YoY in October vs. 1.6% in ...
Morning briefing: Euro can head towards 1.0800 in the near term
Euro, if sustained above current levels, can head towards 1.08 or higher in the near term. EURINR found support around 90, above which a revised range of 90-92 can hold for some time. USDJPY is ...
Gold Price Forecast: Will Fed Chair Powell rescue XAU/USD?
A dovish message by the Fed could rescue Gold buyers so long as they defend the critical support at $2,641, which is the confluence of the 50-day Simple Moving Average (SMA) and the 78.6% Fibo level ...
Pound Sterling Price News and Forecast: GBP/USD scales higher amid some repositioning
GBP/USD tumbled back below the 1.2900 handle on Wednesday as markets splurged on Greenback bids following the one-sided outcome of the US presidential election. The Bank of England (BoE) and the ...
GBP/USD moves away from multi-month low, retakes 1.2900 ahead of BoE/Fed
The GBP/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since mid-August, around the 1.2835-1.2830 region touched the previous day. Spot prices ...
Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cryptos — Asian Wrap 07 November
The 2024 US presidential election ended with pro-crypto advocates leading the House of Representatives, the Senate, and ...
Australian Dollar remains tepid following a lower Trade Balance, Trump’s victory
The Reserve Bank of Australia (RBA) decided to hold the Official Cash Rate (OCR) steady at 4.35% on Tuesday, marking its eighth consecutive pause. RBA Governor Michele Bullock reiterated a hawkish ...
PBOC sets USD/CNY reference rate at 7.1659 vs. 7.0993 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1659, as compared to the previous day's fix of 7.0993 and 7.1679 Reuters estimates.
XRP eyes $0.6640 as Ripple CEO tips Trump to fire Gensler on first day in office
Ripple's XRP is up over 5% on Wednesday and could extend its rally to $0.6640 as the Securities & Exchange Commission (SEC) ...