IFC to provide Sri Lanka with $400m cross-currency swap facility to fund essential imports

The International Finance Corporation (IFC) has announced that it will offer Sri Lanka a $400 million cross-currency swap facility to…

Asian Currencies Tumble as Dollar Soars

The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as…

AUD/USD Bears Struggle to Gain Conviction as Bulls Wait for Their Chance

Introduction: The AUD/USD currency pair has been trading within a 100 pip box between 0.6900 and 0.7000, with the bears…

USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues

Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session. The Loonie pair had…