The Indian rupee is stabilising around 96.2 per US dollar after reaching a two-month low, with softer oil prices and reduced expectations for a Federal Reserve rate hike providing some relief. Lower crude prices are particularly important for India because cheaper energy reduces pressure on the country’s import bill and can improve the external balance. […]
Malaysian palm oil futures are stabilising after recent losses, with bargain hunters returning following the market’s decline to its lowest level since mid-July. However, the recovery remains fragile as prices continue to trade below MYR 4,500 per tonne, with rising production, elevated inventories and weaker exports keeping the supply-demand balance under pressure. September shipment estimates […]
Corn futures have fallen below $5.00 per bushel, reaching their lowest level in six weeks as larger-than-expected US inventories and a slow export pace reinforce concerns over abundant supplies. The USDA’s latest stocks data showed US corn inventories at 2.095 billion bushels as of September 1, 35% above the previous year and well above the […]
The Australian Dollar (AUD) is down 0.15% to near 0.6935 against the US Dollar (USD) in the Asian trade on Monday. The Aussie pair faces selling pressure as the US Dollar outperforms due to escalate France fiscal woes. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed […]
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.20 in the early Asian trading hours on Monday. The DXY holds positive ground amid safe-haven flows. Traders await the US ISM Services Purchasing Managers Index (PMI) report on Monday for fresh impetus. […]
GBP/USD inches lower after posting modest gains in the previous day, trading around 1.3240 during Asian hours on Monday. The currency pair is under downward pressure as the US Dollar (USD) gains strength ahead of the upcoming US ISM Services Purchasing Managers Index release. However, market participants have scaled back expectations for an upcoming Federal […]
The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France’s shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday. French Prime Minister Sébastien Lecornu’s minority government unveiled a highly […]
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings. Key quotes Adoption of AI could have both positive and negative effects on productivity and labor markets. AI has become a major focus among central banks, […]
The USD/CAD pair holds steady above mid-1.4200s during the Asian session on Monday, trading near its highest level since April 2025, set last week. Moreover, the supportive fundamental backdrop seems tilted in favor of bulls and backs the case for an extension of the recent well-established uptrend witnessed over the past month or so. The […]
Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD). Traders trim bets on US Federal Reserve (Fed) rate hikes after jobs data. US NFP rose by 29K in September, according to […]