FOREX-Dollar firms, yen fragile as Fed cut wagers crumble
The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed lingering expectations of the Fed starting its rate-cutting…
FOREX-Dollar set for weekly rise as Swiss cut signals potential rates gap
The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in…
FOREX-Dollar dips as most PMI data releases add to market optimism
The dollar fell on Thursday as share markets hitting record highs drove optimism across asset classes and traders digested a…
FOREX-Dollar steady as sticky inflation dents rate cut expectations
The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when the…
NZD/USD Slides on Risk-Off Sentiment Triggered by OPEC
The NZD/USD currency pair is facing downward pressure as bears test dynamic support levels. On Monday, the pair fell…
GBP/USD Remains Positive Despite Testing 1.2400
The GBP/USD currency pair has been on an upward trend for the third straight week, remaining positive despite having tested…
Air India Places Record Order of 470 Aircraft from Airbus and Boeing at $70 Billion List Price
Air India’s recent announcement of a $70bn provisional order for 470 aircraft from Airbus and Boeing is a significant step for the…
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…