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Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to weaken in 2025 to counteract the economic impact of increased US trade tariffs under the incoming Trump administration. While no official announcement has been made, Beijing appears to ready to signal greater reliance on market-driven currency valuation. Also, according to

Dollar showed minimal reaction, other than some initial jitters, to November’s US CPI data, holding steady within its range as the report largely aligned with expectations. Headline inflation edged up, while core inflation remained flat, refusing to trend lower. With no surprise, the data cleared the way for a 25bps rate cut by Fed next

Australian Dollar staged an impressive rebound today, driven by robust employment data that surprised markets and cast doubt on the likelihood of a February rate cut by RBA. The stronger-than-expected labor market performance challenges the dovish sentiment established earlier in the week when RBA softened its inflation vigilance stance. In the aftermath of RBA meeting,

European majors are broadly under pressure today, with Swiss Franc leading losses. SNB’s unexpected 50bps rate cut caught markets off guard, and its significantly downgraded inflation projections suggest more easing is on the table for 2025. Meanwhile, Euro managed to hold steady after ECB’s widely anticipated 25bps cut. ECB demonstrated clear confidence in its inflation

Sterling slumped broadly today after UK GDP unexpectedly contracted in October, missing forecasts of modest growth. This contraction underscores the challenges facing the UK economy, which has been grappling with persistent inflation and uncertainty following the Autumn Budget. The government’s recent pledge to transform the UK into the fastest-growing G7 economy now seems even more

The Euro rebounded broadly today, buoyed by reassurances from a number of ECB officials that the central bank remains committed to a gradual approach to policy easing. Yesterday’s 25bps rate cut appears to have had solid consensus backing, with no indications that a more aggressive 50bps cut was even seriously debated. Despite recent economic softness

USD/JPY daily chart The pair might be trading a little higher today, up 0.2% to 151.50 but it’s not really saying all too much. Looking at the chart above, the most recent bounce comes amid a defense of the 100-day moving average (red line). And since then, buyers have slowly gathered more conviction but nothing

Oil prices eased only slightly on Tuesday, holding on to most of their gains from the prior session as mounting geopolitical risk after the fall of Syrian President Bashar al-Assad and China’s vow to ramp up policy stimulus kept a floor under prices. Brent crude futures were down 13 cents, or about 0.2%, at $72.01

Australian Dollar dropped sharply in Asian session following a significant dovish turn in RBA’s communication. After holding rates steady at 4.35%, the central bank signaled growing confidence that inflationary pressures are easing, marking a departure from its previously vigilant tone. While May remains the most likely timing for a rate cut according to many economists,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Monitoring the actions of large institutional investors can provide valuable insights, as they usually perform in-depth research before making investment choices. An ETMarkets study indicates that foreign institutional investors (FIIs) have consistently raised their investments in 253 stocks during the past three quarters (January to September 2024). Additionally, we focused on stocks with a market

Gold prices declined Rs 190 to Rs 78,960 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,150 per 10 grams on Friday. However, silver climbed Rs 350 to Rs 93,850 per kg on Monday. The metal

Dollar and Yen saw modest recoveries in Asian session, driven by the cautious tone in financial markets as traders positioned themselves ahead of a crucial week for economic data and central bank announcements. Risk sentiment was subdued, with equities weakening on concerns over weaker inflation data from China. Adding to the caution, Fitch Ratings downgraded

Commodity currencies found significant support today after China pledged to intensify its economic stimulus efforts, aiming to secure next year’s growth targets. Australian Dollar led the charge, followed by New Zealand Dollar and Canadian Dollar, as risk-sensitive assets reacted positively to the news. Meanwhile, Hong Kong’s HSI surged, reflecting optimism in the region, though gains

UPCOMING EVENTS: Monday: China CPI. Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index. Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy Decision. Thursday: Australia Labour Market report, SNB Policy Decision, ECB Policy Decision, US PPI, US Jobless Claims, New Zealand Manufacturing PMI. Friday: BoJ Tankan Index, UK GDP. Monday The Chinese

On Thursday, benchmark index Sensex, gained 810 points, closing at 81,765. During this rally, four stocks from the BSE commodities index reached their 52-week highs. A 52-week high reflects the highest price a stock has achieved over the past year, providing key insights for traders and investors. This metric is essential for evaluating a stock’s

The resurgence of “Trump Trade” last week reignited optimism across financial markets, driving US stocks to fresh record highs and propelling Bitcoin past the critical 100k psychological level. Investors appeared largely unfazed by a slew of top-tier US economic data and the solidification of expectations for a 25bps Fed rate cut this month. Instead, the