Category: Forex
Australian Dollar outperforms its peers as hawkish RBA ...
The Australian Dollar (AUD) trades higher against its major currency peers, flattening against the US Dollar (USD) around 0.7240, ...
Indian Rupee struggles for relief despite centre hikes ...
The Indian Rupee (INR) strives to regain ground against the US Dollar (USD) on Wednesday. The USD/INR pair is almost flat, close t...
US Dollar: Hot CPI keeps Fed cautious – Danske Bank
Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation,...
Euro extends losses below 1.1700 as Eurozone data disap...
The Euro (EUR) extends losses against the Dollar (USD) for the second consecutive day on Wednesday, trading below 1.1700 at the ti...
Euro reversal against British Pound nears 0.8650 after ...
The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against t...
ECB's Muller: Fast Hormuz solution needed to hold in Ju...
European Central Bank (ECB) policymaker Madis Muller said on Wednesday that a fast resolution in the Strait of hormuz is needed fo...
ECB to hike interest rates in June – Reuters poll
According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June,...
United States MBA Mortgage Applications up to 1.7% in M...
United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4%
ECB’s Rehn: Monetary policy should not be based on oil ...
European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday t...
Fed’s Goolsbee: Don't think Fed independence is going a...
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that without central bank independence, inflation wi...
US Dollar Index jumps after hot US CPI data reinforces ...
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, climbs to a five-day high ...