Canadian Dollar slips as US Dollar steadies in holiday-thinned market
USD/CAD snaps a four-day losing streak, rebounding modestly as the Canadian Dollar weakens. The US Dollar stabilizes after dipping to…
Category: Forex News
US Dollar Index steadies above 97.50 as Fed rate cut bets weigh on outlook
The US Dollar Index may struggle due to the rising likelihood of a Fed rate cut in September. San Francisco…
Gold extends rally, eyes record high as US Dollar dips, Fed cut bets firm
Gold’s rally continues, with the metal advancing for a fifth consecutive session, pressing toward the all-time high zone. A broadly…
AUD/USD advances to near 0.6550 as US Dollar declines ahead of US job data
AUD/USD jumps to near 0.6560 as Fed dovish expectations have weighed on the US Dollar. Fed officials have started arguing…
Upward momentum is likely to lead to a higher range – UOB Group
Slight increase in upward momentum is likely to lead to a higher range of 1.3475/1.3535 rather than a sustained advance.…
Indian Rupee sinks to all-time lows on US tariffs, foreign funds outflow
The Indian Rupee slides to an all-time low of around 88.50 against the US Dollar at open on Monday. India’s…
WTI steady as NFP and OPEC+ loom, India stands firm against US backlash
WTI Crude Oil rebounds near $64.50 after a 7.42% monthly drop in August, its first decline since April. Russian exports…
USD/JPY consolidates around 147.00 at the start of busy US-data week
USD/JPY oscillates in a tight range around 147.00 as both the US Dollar and the Yen are underperforming. Investors expect…
First upside barrier emerges above 1.3600
GBP/USD drifts higher to around 1.3520 in Monday’s early European session. Positive view of the pair prevails above the 100-day…
Is American exceptionalism over or just evolving?
American exceptionalism describes the idea that the United States (US) benefits from structural advantages – economic, financial, technological and geopolitical…