USD/INR SLUMPS ON INFLOWS AND US DOLLAR SALES The Indian Rupee (INR) has continued its rally, bolstered by substantial foreign portfolio inflows into Indian equities and increased US Dollar (USD) sales by local exporters hedging their receivables. Data from the National Securities Depository Limited (NSDL) indicates that foreign investors
USD/JPY RISES, BULLS AIM LARGER MOVE TOWARD 150.00 The USD/JPY pair has cleared significant resistance levels at 141.20 and 142.00, indicating a bullish trend. Short-term oscillators have shifted to a bullish configuration, with the RSI climbing above 50, signaling renewed buying interest and room for
NZD/USD RISES ABOVE 0.5900 AS NEW ZEALAND DOLLAR ADVANCES DUE TO IMPROVING SENTIMENT The NZD/USD pair is trading near 0.5930 during the Asian session on Friday, recovering from previous losses. Stronger-than-expected Chinese economic indicators, including GDP growth and retail sales, have positively impacted the New Zealand
USD/CHF SOFTENS TO NEAR 0.6400 AMID TARIFF UNCERTAINTY The USD/CHF currency pair has experienced a decline, trading around 0.6410 during the early European session on Wednesday, April 30, 2025. This movement is attributed to ongoing uncertainties surrounding global trade policies, particularly U.S. tariffs, which have
SILVER PRICE FORECAST: XAG/USD SLIDES BELOW $33.00; 200-PERIOD EMA ON H4 HOLDS THE KEY FOR BULLS Silver prices (XAG/USD) have experienced a notable decline, falling below the $33.00 mark during the Asian session on Wednesday, April 30, 2025. This movement has raised concerns among traders, particularly
GBP/USD BREAKS BELOW 1.3400 DUE TO STRONGER US DOLLAR AND BOE RATE CUT EXPECTATIONS The GBP/USD currency pair has declined below the 1.3400 level, trading around 1.3390 during the Asian session on Wednesday, April 30, 2025. This movement is attributed to a combination of a
AUD/JPY RISES ABOVE 91.00 FOLLOWING KEY ECONOMIC DATA FROM AUSTRALIA AND JAPAN The AUD/JPY currency pair has risen above the 91.00 level, trading around 91.30 during the Asian session on Wednesday, April 30, 2025. This upward movement is attributed to a combination of stronger Australian
NZD/USD REMAINS CONFINED IN A NARROW RANGE BELOW MID-0.5900s AFTER CHINESE PMIs The NZD/USD currency pair has been trading within a narrow range, hovering around the 0.5930 level during the Asian session on Wednesday, April 30, 2025. This subdued movement follows the release of China'
USD/CAD HOLDS GAINS NEAR 1.3850 AS TRADE OPTIMISM SUPPORTS US DOLLAR The USD/CAD currency pair is maintaining its upward momentum, trading near 1.3850 during the Asian session on Wednesday, April 30, 2025. The pair's strength is attributed to renewed optimism surrounding US-China trade developments,
USD/INR STRENGTHENS AMID ESCALATING INDIA-PAKISTAN TENSIONS The Indian Rupee (INR) experienced significant volatility on Wednesday, pressured by escalating geopolitical tensions between India and Pakistan. The INR weakened as concerns grew over potential military escalation and its impact on the economy. On April 29, 2025, the Indian rupee saw significant
GOLD PRICE CONSOLIDATES AHEAD OF NFP: KEY LEVELS FOR XAUUSD, US DOLLAR, AND BOND YIELD Gold prices are consolidating between $3,370 and $3,280 ahead of the upcoming Non-Farm Payroll (NFP) data release, awaiting its next directional move. Gold is currently trading within a consolidation range of $3,370
GBP/USD HITS NEW HIGH: THE POUND DEFIES MARKET PRESSURES On April 22, 2025, the GBP/USD pair surged to a seven-month high, briefly touching $1.34. This rally was driven by optimism surrounding potential de-escalation in U.S.-China trade tensions. The Bank of England (BoE) maintained its key