Please fill out the form below and we will get back to you as soon as possible.
AUD/USDย extends its gains for the third successive day, trading around 0.7210 during the Asian hours on Friday. The currency pair is gaining upward momentum as the Australian Dollar (AUD) finds firm support in robust economic growth data, which has heightened expectations of an imminent interest rate hike. Australia’s economy proved surprisingly resilient in the second […]
The Chinese Yuan touched 6.71 against the USD, the highest since February 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.49%, and in the last 12 months, it decreased 5.75%.
The South Korean won traded around 1,355 per dollar, extending gains to its strongest level since early July 2025, as easing expectations for another US rate hike weakened the dollar and lowered Treasury yields. Fed Governor Christopher Waller indicated support for keeping rates steady if inflation continues to cool, prompting markets to reduce the probability […]
GBP/JPY extends its steep decline on Thursday as the Japanese Yen (JPY) strengthens sharply across the board for the second consecutive day. The cross fell 1.13% on Wednesday and is down around 1.60% at the time of writing, trading near 210.60, its lowest level in a month. Sellers are now eyeing the post-July coordinated intervention […]
The Euro (EUR) is up 0.2% to near 1.1610 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair gains as the US Dollar underperforms due to multiple headwinds, weak United States (US) ADP Employment Change data for August and theย Federal Reserveย (Fed) pushing back upside inflation risks. US Dollar […]
The South African rand traded around 16.1 per USD, approaching its highest level since March, helped by a softer dollar and higher prices for key precious metals, inlcluding gold and PGMs. Developments in the Middle East continued to influence global risk sentiment, with investors assessing the implications for inflation and the path of interest rates. […]
EUR/JPY falls sharply on Thursday and trades around 181.40 at the time of writing, down 1.37% on the day. The Japanese Yen (JPY) strengthens significantly againstย the Euroย (EUR), supported by renewed warnings from Japanese authorities over foreign exchange market moves. Japanโs top currency diplomat Atsushi Mimura reiterates on Thursday that authorities remain ready to act in […]
The Euroย (EUR) extends gains against a weakerย British Poundย (GBP) for the fourth consecutive day on Thursday, following downward revisions of both theย Eurozoneย and UK Services Purchasing Managersโ Index (PMI) figures. The EUR/GBP pair maintains its bid tone, with bulls targeting a previous support area a few pips above 0.8600 after rallying nearly 0.5% so farย this week. Eurozone […]
USD/JPY extends its losses for the second consecutive day, trading around 156.80 during the European hours on Thursday. Yen jump revives talk of fresh Japan intervention Analysts at ING highlight that the “near 1% fall in USD/JPY over a couple of minutes yesterday afternoon, and another slide overnight, sparked talk of another round of intervention,” […]
The Indian Rupee (INR) opens strongly against the US Dollar (USD) on Thursday, extending the rally to near 94.28. The Indian currency gains significantly as a juggernaut mobilisation of foreign exchange in India through the Reserve Bank of Indiaโs (RBI) Foreign Currency Non-Resident (FCNR) (B) deposits โwindow has increased FX reserves. According to a Reuters […]
