USD/INR gathers strength on month-end US Dollar demand, eyes on Fed rate decision
The Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, according to the US Census Bureau on Tuesday. This reading followed a 2% decrease reported in November and came in worse than the market expectation for an increase of 0.8%.
Gold has found support around the $2,730 level and continues to rally higher toward record levels, while the US Dollar Index (DXY) rebounds from its support at 107.
“The USD month-on-month inflation rate was 11,5% in January 2025, gaining 10,9 percentage points on the December 2024 rate of ...
“The RBNZ estimates the long-term nominal neutral interest rate to lie between 2.5% and 3.5%. In line with RBNZ guidance, markets continue to imply another 50bps rate cut to 3.75% in February and the ...
Persistent USD strength against JPY seen in Q4 '24 is easing. Hawkish speeches from BoJ officials coupled with a softer US ...
Freedx is a next-generation cryptocurrency exchange designed by traders, for traders. Guided by a user-centric philosophy, ...
The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested ...
The dollar's price action has largely been driven by two main catalysts: Trump's election and the subsequent Republican sweep ...
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