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The Indian Rupee furthers its upward move in Friday’s Asian session.Positive developments in the trade talks and continued foreign inflows support the INR. Escalating geopolitical tensions after the Kashmir attack might cap the pair’s upside. The Indian Rupee (INR) strengthens on Friday. The optimis

Summary The 9.2% gain in March durable goods orders was due almost entirely to a pop in orders for nondefense aircraft. The underlying trend in orders remains weak as businesses await clarity on tariff policy. Durable shipments pulled back, but equipment spending was still strong in Q1. ‘Cause I’m l

XAU/USD Gold remains in red for the second straight day and hit support at $3300 in early Wednesday, in extension of quick pullback from new record high at $3500, posted on Tuesday. Significance of $3500 level which many analysts saw as 2025 target and strongly overbought daily studies contributed t

The US president's attacks on Fed Chair Jay Powell are intensifying. And the dollar is weakening accordingly. The President of the United States is not well versed in conventional forms of politeness. We also know that he prefers a loose monetary policy. Don't be confused by the smokescreens put up

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Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press. Key quotes "Most obvious EU response is zero for zero tariff offer." "There will be re-routing of g

The Forex market is a dynamic and fast paced environment where traders from around the globe buy and sell currencies to capitalize on market movements. With trillions of dollars exchanged daily, it’s an exciting space filled with opportunities—but it’s not without risks. Imagine a scenario where you

On the radar Serbia’s central bank met our expectations and kept its key rate unchanged at 5.75%. Industrial output growth declined in February by -1.3% y/y in Slovakia and -1.5% y/y in Czechia. March inflation in Czechia was confirmed at 2.7% y/y. In Romania, March inflation landed at 4.9% y/y and

China released a white paper on US trade and economic relations on Wednesday. Key takeawaysChina will take countermeasures to safeguard rights, interests.Firmly opposes unilateral, bullying restrictive measures.Has always believed the essence of China, US economic, trade ties is mutually beneficial

NZD/USD attracts some buyers on Tuesday amid a combination of supporting factors.Fed rate cut bets undermine the USD and support the Kiwi amid a positive risk tone.Escalating the US-China trade war might keep a lid on any further gains for the Kiwi. The NZD/USD pair gains strong positive traction on