The Indian rupee was little changed around 88.7 per USD, trading in a sideways range, as upbeat comments from US President Trump on a potential India-US trade deal offered limited support. Trump said the US is close to a deal that would deepen economic and security ties and eventually lower tariffs on Indian goods. However, […]
Forex
Forex
Forex
10
Nov
Nov
Chart of The Day – USD/CAD
The USD/CAD pair is attracting market attention today, showing noticeable volatility. Currently, the pair is trading around 1.4013, reflecting the Canadian dollar’s strengthening against the US dollar in recent days. Fluctuations in this pair mirror the current sentiment in both countries’ economies as well as developments in global markets. The exchange rate dynamics result from a […]
10
Nov
Nov
EUR/USD falls to near 1.1550 as US government shutdown nears resolution
EUR/USD depreciates after three days of losses, trading around 1.1550 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) receives support after Bloomberg reported the record-breaking US government shutdown is nearing an end. A group of centrist Senate Democrats agreed to support a deal to reopen the government and […]
10
Nov
Nov
USD/CAD trades lower to near 1.4030 amid talks to end US federal shutdown
The USD/CAD pair trades 0.12% lower to near 1.4030 during the Asian trading session on Monday. The Loonie pair faces selling pressure as the Canadian Dollar (CAD) broadly outperforms its peers, except antipodeans, following the release of the upbeat Canada labour market data for October on Friday. Canadian Dollar Price Today The table below shows the percentage […]
10
Nov
Nov
USD/INR flattens ahead of US Senate vote on federal reopening
The Indian Rupee (INR) trades flat against the US Dollar (USD) at open on Monday. The USD/INR pair consolidates around 88.80 as the US Dollar (USD) trades calmly on hopes that the United States (US) government shutdown will end soon. At the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major […]
10
Nov
Nov
Offshore Yuan Steady Amid Strong Inflation Data
The offshore yuan remained around 7.12 per dollar, trading in a sideways range as weekend data showed consumer prices in China unexpectedly rose 0.2% in October, rebounding from a 0.3% decline in September and defying forecasts for no change. Producer prices fell 2.1% last month, the softest decrease in 14 months. Those figures followed trade […]
10
Nov
Nov
Australian Dollar Gains on Hawkish RBA Comments
The Australian dollar climbed above $0.65, nearing one-week highs, after Reserve Bank of Australia Deputy Governor Andrew Hauser noted that monetary policy faces an unusual challenge and emphasized the need to keep policy tight to contain inflation. Hauser added that demand was “slightly” above potential when GDP growth accelerated last year, marking the tightest recovery […]
10
Nov
Nov
Yen Weakens on Stimulus Expectations
The Japanese yen depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will push for a massive stimulus package and support accommodative monetary policy. A draft outline of the plan indicated that Prime Minister Sanae Takaichi’s government will urge the central bank to prioritize strong economic growth alongside […]
07
Nov
Nov
Trade of The Day – EUR/USD
Facts Recommendation Long position on EURUSD at market price Opinion The EURUSD has been under heavy selling pressure recently, but the chart now shows early signs of stabilization. The pair rebounded after touching the 200-day exponential moving average (EMA 200) — marked in red on the chart. Recent European PMI data exceeded expectations, while the ongoing U.S. government shutdown and the highest number of […]
07
Nov
Nov
Offshore Yuan Falls on Disappointing Trade Data
The offshore yuan weakened to around 7.12 per dollar on Friday, reversing gains from the previous session as China’s unexpected export contraction weighed on an economy facing a year-end slowdown. Exports fell for the first time in eight months in October 2025, reaching its lowest level since February, with shipments to the US plunging for […]
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