Dollar Index has risen to 100 taking Euro slightly down to 1.1223. Aussie, Pound and the Chinese Yuan trade weak against the Dollar and could target…
Morning briefing Euro is headed towards 1.13 or higher
Dollar Index seems to be falling again and can target 99 or lower while Euro is headed towards 1.13 or higher. Pound and Aussie seem to…
Gold market resilience and future opportunities
In the ever-oscillating domain of financial markets, the gold market has recently demonstrated impressive resilience. In our preceding articles, we explained in great detail how…
Strengthening economic bonds India and UAE forge path to trade settlement in local currencies
In a significant move to enhance bilateral trade and economic cooperation, India and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU)…
GBP/USD Weekly Forecast: Risks a correction ahead of UK inflation data
The Pound Sterling witnessed a parabolic rise against the United States Dollar (USD) this week, extending the late rebound seen a week ago. GBP/USD booked…
UK economy set to contract in May, US PPI to slow further
We saw another day of strong gains for European markets yesterday, with the FTSE100 undergoing its best one-day gain since early June, after US CPI…
Dollar falls, Yen lifts on short squeeze, Sterling soars
AUD rebounds, USD/Asia-EMFX slump, stocks lift Summary The Japanese Yen lifted against the US Dollar on a short squeeze as speculators ran for cover. At…
US Dollar slides below critical support
The week started on a cautious note as European and US stocks eked out small gains, but appetite was limited appetite on news that the…
Australian Dollar slips after soft Chinese inflation data
The Australian dollar continues to show sharp volatility. AUD/USD is down 0.80% on Monday, trading at 0.6637. The decline has erased most of the 1%…
Bitcoin, Ethereum Technical Analysis BTC Consolidates to Start Weekend, ETH Remains Below $1,900
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in…