by Forexregulationinquiry | Jan 17, 2024 | News
USD/CAD continues its winning streak on the upbeat US Dollar. The decline in the WTI price weakens the Canadian Dollar. US Dollar cheers the market sentiment change due to the Middle East conflict. USD/CAD extends its gains for the fifth successive session, trading...
by Forexregulationinquiry | Jan 16, 2024 | News
Australian Dollar moves on a downward trajectory as US Dollar strengthens. Australian Consumer Confidence declined by 1.3% in January against the 2.7% prior. Fed’s Bostic warned that inflation may waver in the upcoming months. Upbeat US bond yields contributed...
by Forexregulationinquiry | Jan 12, 2024 | News
The Japanese Yen is seen extending the overnight recovery against the USD from a one-month low. Expectations that the BoJ will stick to its ultra-dovish policy stance should cap the upside for the JPY. Diminishing odds for an early rate cut by the Fed could lend...
by Forexregulationinquiry | Jan 11, 2024 | News
The US Consumer Price Index is set to rise 3.2% YoY in December, up from November’s 3.1% increase. Annual Core CPI inflation is expected to edge lower to 3.8% in December. The US Dollar’s fate hinges on the CPI data amid dovish Fed expectations. The high-impact US...
by Forexregulationinquiry | Jan 4, 2024 | News
Indian Rupee trades weaker amid the firmer USD. Goldman Sachs predicts a positive trajectory for the Indian economy in 2024. Investors await the US ADP Employment Change and Initial weekly Jobless Claims, due later on Thursday. Indian Rupee (INR) continues to trade on...
