Category forex

Dollar Index Holds Near 100.00

US Dollar Index recovers losses near 100.80 The US Dollar Index, which measures the value of the US Dollar (USD) against six major currencies, has recovered its recent losses. The index is hovering around 100.80 during the Asian hours. Renewed US-Iran tensi

Dollar Index Holds Near 100.80

US Dollar gains due to US-Iran tensions The US Dollar Index recovers its recent losses and is hovering around 100.80. The Greenback receives support amid renewed concerns over a US-Iran peace deal. The Federal Reserve kept interest rates steady last week bu

AUD Gains Against JPY After PBoC Decision

AUD/JPY trades around 113.30 after minor losses The Australian Dollar holds gains against the Japanese Yen following the PBoC rate decision. The AUD/JPY currency cross gained ground after posting minor losses in the previous day, trading around 113.30 during the Asian

China Keeps Loan Prime Rates Unchanged

China's central bank holds rates steady at 3.0% and 3.50% The People's Bank of China has decided to leave its Loan Prime Rates (LPRs) unchanged. The one-year LPR remains at 3.00%, while the five-year LPR stays at 3.50%. This decision is seen as a neutral stance b