Silver price rallies sharply more than 8% on Monday, as geopolitical tensions and broad US Dollar…
Category: Forex
Short-lived rally signals ongoing challenges – Commerzbank
The Turkish Lira’s recent rally was short-lived, with USD/TRY trading higher than before the central bank’s…
Calm day for Treasuries, FOMC meeting looms – TD Securities
The Global Strategy Team at TD Securities provides an overview of the recent market dynamics affecting…
Pound Sterling trades with caution at start of UK data-light week
The Pound Sterling (GBP) trades lower against its major currency peers, outperforming North American peers on…
Japanese Yen clings to gains amid intervention fears, hawkish BoJ
The Japanese Yen (JPY) sticks to strong gains for the second straight day and trades near…
US Dollar Index tumbles to 97.00 ahead of Fed’s policy announcement
The US Dollar (USD) starts the Federal Reserve’s (Fed) monetary policy week on a negative note.…
PBOC sets USD/CNY reference rate at 6.9843 vs. 6.9929 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading…
JPY: BoJ upgrades outlook but Yen reaction muted – ING
Despite the Bank of Japan (BoJ) revising up growth and inflation forecasts, political and fiscal risks…
Indian Rupee continues to face backlash from FIIs selling in Indian equity market
The Indian Rupee (INR) holds onto weekly losses against the US Dollar (USD) on Friday. The…
Any advance is likely part of a higher range of 0.6810/0.6860 – UOB Group
There is scope for Australian Dollar (AUD) to rise further, but any advance is likely part…