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Market Analysis

Indian Rupee gets relief from pullback in US bond yields

The Indian Rupee (INR) opens slightly higher against the US Dollar (USD) on Friday. The USD/INR pair ticks lower to near 96.55, but is still close to its all-time high of 97.00. The Indian currency gets a much-needed re…

5 min read

Gold gains ground to near $4,150 as traders weigh Fed rate path

Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reser…

5 min read

Australian Dollar slides as AI sell-off rattles Wall Street

The Aussie Dollar dives 0.11% on Thursday as the US Dollar retreats from monthly highs, with safe-haven flows shifting from the Greenback to the Japanese Yen and the Swiss Franc amid losses on Wall Street and US yields.…

3 min read

Gold gains on geopolitics as Fed hike bets shift to December

Gold (XAU/USD) price edges higher on Thursday, underpinned by lower US Treasury yields and a weaker US Dollar, even as Federal Reserve (Fed) officials support further tightening by the US central bank. At the time of wr…

5 min read

Hunter Biden Blames Market Maker for LAPTOP Meme Coin Collapse

Hunter Biden has said that a forensic review of the LAPTOP launch found the token’s extreme rise and collapse were caused by unusually thin liquidity and later market-maker activity, while on-chain records showed the fo…

2 min read

GBP/USD Range Tightens as Bond Turmoil Raises UK Fiscal Concerns

Sterling traded at 1.3247 against the dollar on Tuesday, up 26 pips or 0.20% from Monday's 1.3221 close. The session range is 1.3201 to 1.3248. On Monday the pound fell 0.21% to as low as 1.3213 while gaining 0.2% again…

30 min read

Mexican Peso dives on solid US data, despite high inflation

The Mexican Peso (MXN) depreciates about 0.91% against the US Dollar (USD) on Thursday amid positive US data, while Bank of Mexico (Banxico) minutes from last meeting indicated inflation edging higher, a trend confirmed…

5 min read