by Forexregulationinquiry | Mar 29, 2024 | Forex News, News
Australian Dollar remains calm on light trading, US Dollar maintains a steady position In a landscape of subdued trading activity, the Australian Dollar (AUD) exhibits a sense of tranquility, maintaining its composure amidst relatively light market participation. This...
by Forexregulationinquiry | Mar 11, 2024 | Forex News, News
Gold price struggles to capitalize on last week’s blowout rally to a fresh record peak. Extremely overbought conditions cap gains for the metal amid a modest USD uptick. Bets for a Fed rate cut in June act as a headwind for the USD and should limit losses. Gold price...
by Forexregulationinquiry | Mar 11, 2024 | News
Australian Dollar halts its winning streak amid a tepid US Dollar. Australia’s S&P/ASX 200 Index retreats from all-time highs as investors booked profits. China’s CPI YoY and MoM increased by 0.7% and 1.0%, respectively, in February. US Nonfarm Payrolls rose...
by Forexregulationinquiry | Feb 6, 2024 | News
EUR/GBP faces a challenge as the BoE is expected to avoid rate cuts in its upcoming meeting. BoE Chief Economist Huw Pill called the expectation of interest rate cut premature. OECD anticipated EU inflation to persist above the ECB’s 2% target until some point...
by Forexregulationinquiry | Feb 5, 2024 | News
Indian Rupee loses traction on the stronger US Dollar. The Reserve Bank of India (RBI) is anticipated to keep the rate unchanged at 6.50% on Thursday. Investors will focus on the US ISM Services PMI for January, due on Monday. Indian Rupee (INR) recovers its recent...
