Indian Rupee slumps against US Dollar amid surging US T...
The Indian Rupee (INR) trades sharply lower against the US Dollar (USD) on Wednesday, with the USD/INR pair rising to near 95.16. ...
Hungarian Forint: Rally meets fiscal concerns – Societe...
Societe Generale strategists highlight that the HUF has delivered its strongest quarter since 2009, supported by a pro‑EU shift an...
Japanese Yen: Gradual weakness risks with BoJ tightenin...
MUFG’s Derek Halpenny notes that stronger Tankan data support the June BoJ rate hike and could justify faster tightening ahead, bu...
Factories hold their ground as stocks coil for a break
Today brings the June ISM Manufacturing print, and the setup is more interesting than a single headline number suggests.
US Dollar: Labor data and confidence guide outlook – TD...
TD Securities strategists discuss several US indicators, expecting the June ISM Manufacturing index to edge down, while noting tha...
Euro extends its reversal below 1.1400 amid cooling Eur...
The Euro’s (EUR) mild recovery against the US Dollar (USD) seen earlier in the week has come to an end on Wednesday.
United States MBA Mortgage Applications: 0% (June 26) v...
United States MBA Mortgage Applications: 0% (June 26) vs previous 1%
ECB’s Kocher: Next decisions will be either hike or hol...
European Central Bank (ECB) Governing Council member Martin Kocher said in the European trade on Wednesday that the next monetary ...
ECB’s Wunsch: Would need stronger second-round effects ...
The remarks from European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, released by Econos...
United States Challenger Job Cuts decline to 45,849 in ...
United States (US)-based employers announced 45,849 job cuts in June, down 53% from the 97,006 cuts registered in May, Challenger,...
Canadian Dollar: USMCA uncertainty weighs on Loonie – I...
ING’s Chris Turner highlights risks from the scheduled United States-Mexico-Canada Agreement (USMCA) review for Canada and Mexico,...
ISM Manufacturing PMI expected to reaffirm expansion in...
Attention shifts to Wednesday’s release of the June ISM Manufacturing Purchasing Managers Index (PMI), one of the most closely fol...