Reserve Bank of India maintains key rate unchanged, citing inflation risks and global supply chain disruptions. The Indian Rupee (INR) edged lower against the US Dollar (USD) after the Reserve Bank of India (RBI) kept its Repo Rate steady at 5.25%, matching market expectat
Swiss Franc strengthens against the dollar despite softer inflation data reducing expectations for an SNB rate hike. The Swiss Franc (CHF) advanced against the US dollar (USD) on Friday, with USD/CHF trading near 0.7890 for the second consecutive day during Asian hours. Th
CHF strengthens near 0.7890 against USD despite softer inflation data reducing SNB rate hike expectations this year. USD/CHF traded around 0.7890 in Asian hours, marking a second day of subdued movement as the Swiss Franc (CHF) gained despite cooling inflation. May’s annua
EUR/JPY trades around 185.80 after modest gains The EUR/JPY cross is holding a constructive bullish bias as it remains above both the nine-day and 50-day Exponential Moving Averages. The pair is trading around 185.80 during the Asian hours on Friday, after posting mod
The currency pair trades around 185.80, supported by moving averages and RSI near 56, signaling intact upside momentum. EUR/JPY remains steady near 185.80 in Asian trading, extending modest gains from the previous session. The cross holds above both the nine-day and 50-day
Investors await May Nonfarm Payrolls data, with forecasts pointing to slower hiring and wage growth at 12:30 GMT. The US Dollar Index (DXY) remains flat around 99.40 as traders await the May Nonfarm Payrolls (NFP) report. The data, due at 12:30 GMT, is expected to show emp
USD/KRW extends its five-day winning streak, trading around 1,540 after hitting 1,549, a level previously seen in March 2009, during the Asian hours on Friday. The South Korean Won continues to decline despite explicit pledges from government officials to curb excessive ma
China’s central bank sets yuan reference rate above market expectations, signaling potential depreciation pressure amid regional volatility. The People’s Bank of China set the USD/CNY reference rate at 6.8157, weaker than the estimated 6.7735. The move follows a two-day pa
The New Zealand Dollar weakens against the USD after US trade policy risks spark selling pressure in Asian trading. The New Zealand Dollar fell against the US Dollar, with NZD/USD trading near 0.5850 in Asian hours on Friday. The decline follows minor gains in the previous
The Australian Dollar weakens against the USD despite a hawkish RBA, pressured by geopolitical risks and ahead of key US jobs data. The AUD/USD pair fell to around 0.7120 in early European trading on Friday, extending losses below 0.7150. The decline comes despite the Rese
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