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Australian Dollar hovers around a major level after gains, US Dollar remains tepid

Akhtar Faruqui18 Apr @ 02:17

The Australian Dollar (AUD) continues to gain ground on the second consecutive day on Thursday.

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USD/INR loses momentum, eyes on potential RBI intervention

Lallalit Srijandorn18 Apr @ 03:15

Indian Rupee (INR) recovers some lost ground on Thursday. The INR dropped to a record low on Wednesday, weighed by the worries that escalating tensions in the Middle East could disrupt supplies and boost oil prices.

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Gold Price Forecast: XAU/USD rebounds on market caution, aims to reach $2,400

Akhtar Faruqui18 Apr @ 03:23

Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday.

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Japan’s Top FX Diplomat Kanda: G7 statement reconfirmed commitment on forex stance put forth by Japan

Dhwani Mehta18 Apr @ 02:21

Japan’s top currency diplomat Masato Kanda said on Thursday that the G7 statement reconfirmed commitment on forex on the back of the stance put forward by Japan.

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Australia’s Unemployment Rate increases to 3.8% in March vs. 3.9 % expected

FXStreet Team17 Apr @ 09:30

Australia will publish its monthly employment report first thing Thursday.

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BoJ’s Noguchi: Focus now is on the pace at which the policy rate will be adjusted

Dhwani Mehta18 Apr @ 01:59

Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the “focus now is on the pace at which the policy rate will be adjusted and at what level it will eventually stabilize.” Additional quotes Long-term neutral interest rate is highly likely to be lower than that of other countries.

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USD/JPY remains below 154.50 amid weaker US Dollar

Akhtar Faruqui18 Apr @ 01:21

USD/JPY extends its losses for the second successive session, trading around 154.30 during the Asian hours on Thursday.

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PBoC sets USD/CNY reference rate at 7.1020 vs 7.1025 previous

Lallalit Srijandorn18 Apr @ 01:18

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1020 as compared to the previous day's of 7.1025 and 7.2281 Reuters estimates.

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GBP/USD remains capped below 1.2470, eyes on US data

Lallalit Srijandorn18 Apr @ 12:40

The GBP/USD pair trades on a softer note around 1.2450 during the early Asian trading hours on Thursday.

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Gold retreats as lower US yields offset the impact of hawkish Powell speech

Christian Borjon Valencia17 Apr @ 07:37

Gold prices retreated from close to weekly highs during the North American session on Wednesday amid an improvement in risk appetite.

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Fed's Bowman: Inflation progress slows and possibly halts

Lallalit Srijandorn17 Apr @ 11:41

Federal Reserve (Fed) Governor Michelle Bowman said Wednesday that inflation progress slows and possibly halts.

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EUR/USD holds above 1.0650 amid renewed selling pressure in US Dollar

Lallalit Srijandorn17 Apr @ 11:29

The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session.

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GBP/JPY Price Analysis: Stalls within a tight range around 192.00

Christian Borjon Valencia17 Apr @ 11:13

The GBP/JPY consolidates at around current exchange rates, unable to break above/below the 191.60/192.80 range, following an inflation report in the UK that sparked a rally in the GBP/USD pair.

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ECB's Vasle sees rates much closer to 3% at year-end

Lallalit Srijandorn17 Apr @ 10:57

The European Central Bank (ECB) policymaker Bostjan Vasle said on Wednesday that the deposit rate should be "much closer" to 3% by the end of the year from a record high of 4% currently if disinflation continues as expected.

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Fed's Mester: More information needed before confirming 2% inflation sustainability

Lallalit Srijandorn17 Apr @ 10:44

Federal Reserve Bank of Cleveland President Loretta Mester spoke on "An update from the Federal Reserve” on Thursday.

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NZD/USD Price Analysis: Downward trend likely to continue despite indicators recovering

Patricio Martín17 Apr @ 09:49

The NZD/USD stands recovered to 0.5919, it seeing 0.60% gains.

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Mexican Peso rises on Banxico’s tough stance, US Dollar softens

Christian Borjon Valencia17 Apr @ 05:29

The Mexican Peso trims some of its losses against the US Dollar, but it’s not out of the woods despite remarks from Bank of Mexico (Banxico) Deputy Governor Jonathan Heath suggesting that rates would likely need to remain higher.

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Silver Price Analysis: XAG/USD wavers, clings to gains above $28.00

Christian Borjon Valencia17 Apr @ 09:19

Silver’s prices remain in positive territory but continued to register higher tails in the daily chart, signaling buyers' failure to commit to higher prices above the May 18, 2021, high of $28.74.

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US Dollar rally paused, cuts a five-day winning streak

Patricio Martín17 Apr @ 04:44

The US Dollar Index (DXY) stands at 106.10, showing mild gains.

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GBP/USD gains some ground after British inflation data

Patricio Martín17 Apr @ 08:05

The GBP/USD pair is currently trading slightly higher at 1.2448, tallying daily gains.

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