Forex News

USD/CAD drifts lower to 1.3520 on the softer US Dollar on Thursday. The US March ISM Services PMI came in weaker than expected, easing to 51.4 from 52.6 in February.…

Indian Rupee struggles to gain ground amid the higher oil prices. The rising Middle East geopolitical tensions might weigh on the INR. Investors will focus on the US ADP Employment…

GBP/USD struggles to gain ground near 1.2545 on the stronger US Dollar. The US ISM manufacturing data unexpectedly expanded for the first time in nearly 18 months. The dovish stance…

AUD/USD holds positive ground near 0.6525, adding 0.16% on the day. The US PCE was up 2.5% YoY in February, in line with the market consensus. The Chinese NBS Manufacturing…

GBP/JPY hovers around 191.00, reflecting market caution ahead of Japanese unemployment and industrial production updates. Wall Street ends Q1 on a mixed note, with UK’s recession confirmation and vigilance over…

GBP/USD remains under pressure around 1.2614 following hawkish comments from Fed’s official on Thursday. Fed’s Waller said there is no rush to cut the rate and may need to maintain…

NZD/USD trades on a softer note near 0.6000 after retracing from a weekly top of nearly 0.6030 on Wednesday. The rate-cutting expectation and dovish comments from Fed officials exert some…

Gold price posts modest gains near $2,168 in Monday’s early Asian session. The FOMC maintained its outlook for three quarter-point rate cuts this year, which benefit the gold price. The…

AUD/USD recovers to 0.6571 after dipping, despite central bank actions. BoJ hikes, SNB cuts rates, and other central banks are steady. Mixed US data: manufacturing up, services, and composite PMIs…

ASX 200 trades in a range after positive employment data on Thursday. Australia’s private sector activity marked its second consecutive month of expansion in March. The S&P 500 reached 5,200…