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...
by Forexregulationinquiry | Jan 4, 2024 | Forex News, News
Gold price moves away from over a one-week low touched on Wednesday, albeit lacks follow-through. The USD holds steady just below a more than two-week high and acts as a headwind for the XAU/USD. Traders now look to the US ADP report for a fresh impetus ahead of the...
by Forexregulationinquiry | Jan 3, 2024 | Trusted Broker
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by Forexregulationinquiry | Jan 3, 2024 | News
EUR/USD regains positive traction on Wednesday and snaps a three-day losing streak. A modest USD downtick lends support ahead of the US macro data and FOMC minutes. A convincing break below the 50% Fibo. might shift the bias in favour of bearish traders. The EUR/USD...
by Forexregulationinquiry | Jan 3, 2024 | News
The Japanese Yen continues to draw support from expectations for a shift in the BoJ’s policy stance. A softer risk tone further benefits the safe-haven JPY and caps USD/JPY amid subdued USD demand. Investors now look to the US economic data for some impetus ahead of...