Forex News

Forex News 6

FOREX-Dollar finishes week stronger as U.S. data hurts risk appetite - Reuters

The U.S. dollar rose across the board to hit a four-week high against a basket of currencies on Friday, as data showing the COVID-19 pandemic's continuing toll on the economy boosted demand for the safe-haven currency.

Reuters - 2021-01-15
Forex News 7

DHFL resolution: Lenders back Piramal's bid

Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital

Business Today - 2021-01-15
Forex News 5

South African Rand Price Forecast: USD/ZAR Tests Key Fibonacci Support

USD/ZAR falls to a critical level of support as rising death toll weighs on the Rand

DailyFX - 2021-01-15
Forex News 7

FOREX-Dollar rises as disappointing U.S. data sours risk appetite - Reuters

* Pound knocked by sour market mood (New throughout, updates prices, market activity, comments to U.S. market open; previous LONDON)

Reuters - 2021-01-15
Forex News 6

Will Vedanta's open offer be a precursor to delisting?

The new open offer plan of Vedanta promoters at Rs 160 a share to buy 10 per cent stake from the public is seen as a renewed attempt towards delisting of Vedanta Ltd. The offer price is lower than the current market price of Rs 175

Business Today - 2021-01-15
Forex News 11

Q3FY21 earnings preview: Nifty50 firms to report 20% jump in net profits

Corporate earnings according to Motilal Oswal are likely to continue their recovery phase in Q3FY21 aided by a pick-up in both global and domestic macroeconomic activity. Vaccine rollout has changed the broader sentiments and is helping the demand recovery

Business Today - 2021-01-15
Forex News 4

Forex reserves rise $758 million

The country’s foreign exchange reserves rose by $758 million to reach a record high of $586.082 billion in the week ended January 8, RBI data showed on Friday. In the previous week ended January 1, th

BusinessLine - 2021-01-15
Forex News 2

EUR/USD Weekly Forecast: Bulls and bears eye Biden's first moves, ECB, and vaccines

To taper or not to taper? That has been the question for the Federal Reserve amid the new administration's massive spending plans. President-elect Joe

FXStreet - 2021-01-15
Forex News 4

Crude Oil Prices In Focus Amid Fears of Falling Demand

Crude oil prices retreat from 11 month high following fresh lockdown restrictions

DailyFX - 2021-01-15
Forex News 9

Consumer Confidence Dips, Reflects Growing Concerns Regarding Coronavirus

The rollout of COVID-19 vaccines and a partisan shift in expectations due to the anticipated impact of Biden's economic policies helped narrow the decline in consumer sentiment.

DailyFX - 2021-01-15
Forex News 6

Forex reserves up by $758 million to lifetime high of $586 billion

In the previous week ended January 1, the reserves had increased by $4.48 billion to $585.32 billion

Business Today - 2021-01-15
Forex News 7

Gold Price & Silver May be Weak Near-term, but Remain Long-term Bullish

Precious metals have fallen out of favor, and that may continue for a bit while longer; the long-term charts though still look constructive.

DailyFX - 2021-01-15
Forex News 3

USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview

The Japanese Yen has pulled back this weeks lost gains against the U.S Dollar but with next week’s BoJ announcement in focus, how will markets react?

DailyFX - 2021-01-15
Forex News 5

FOREX-Dollar index on track for biggest weekly gain since November - Reuters

Currency markets turned risk-averse on Friday, with the dollar on track for its biggest weekly gain since November 2020 and analysts predicting further short-term strength as rising coronavirus infections limit risk appetite.

Reuters - 2021-01-15
Forex News 5

British Pound Latest - Sterling Underpinned by GDP Data, US Announce USD1.9 Trillion Stimulus Package

The latest UK GDP figures showed the economy performing slightly better-than-expected, helping to keep the recent move higher in GBPUSD intact.

DailyFX - 2021-01-15
Forex News 7

FOREX-Dollar rises as currency markets turn risk-averse; Aussie and Kiwi fall - Reuters

FOREX-Dollar rises as currency markets turn risk-averse; Aussie and Kiwi fall  Reuters

Reuters - 2021-01-15
Forex News 9

Forex Today: Markets “sell the fact” on Biden's stimulus, dollar rises, retail sales eyed

Here is what you need to know on Friday, January 15: Markets are on the back foot after Biden hinted about tax hikes while introducing stimulus. The s

FXStreet - 2021-01-15
Forex News 6

UPDATE 1-Taiwan c.bank asks major exporters to spread out forex sales - sources - Reuters

Taiwan's central bank began meeting this week with major exporters to ask them to spread out sales of foreign currency, four sources with direct knowledge of the matter told Reuters, as it continues to try to rein in the soaring local currency.

Reuters - 2021-01-15
Forex News 6

Taiwan c.bank asks major exporters to spread out forex sales - sources - Reuters

Taiwan's central bank began meeting this week with major exporters to ask them to spread out sales of foreign currency, four sources with direct knowledge of the matter told Reuters, as it continues to try to rein in the soaring local currency.

Reuters - 2021-01-15
Forex News 4

Taiwan c.bank asks major exporters to spread out forex sales - sources

Taiwan's central bank began meeting this week with major exporters to ask them to spread out sales of foreign currency, four sources with direct knowledge of the matter told Reuters, as it continues to try to rein in the soaring local currency.

Reuters - 2021-01-15
Forex News 10

FOREX-Dollar rebound falters as Fed's Powell strikes dovish tone - Reuters

The dollar's rebound from a near three-year low faltered on Friday after U.S. Federal Reserve Chair Jerome Powell said interest rates would not rise any time soon.

Reuters - 2021-01-15
Forex News 8

Rupee slips 3 paise to 73.07 against the US dollar in early trade

The rupee opened on a flat note and depreciated 3 paise to 73.07 against the US dollar in opening trade on Friday tracking the muted opening in domestic equities.

Business Standard - 2021-01-15
Forex News 9

Rupee slips 3 paise to 73.07 against US dollar

The rupee is sustaining below 73.20 levels indicating a negative momentum likely to continue in today's session

BusinessLine - 2021-01-15
Forex News 4

US Dollar Technical Outlook: USD/SGD, USD/TWD, USD/THB, USD/IDR

While the US Dollar has been holding its ground, its downside bias against the Singapore Dollar, New Taiwan Dollar Thai Baht and Indonesian Rupiah remains intact as it hovers at support.

DailyFX - 2021-01-15
Forex News 6

FOREX-Dollar rebound falters as Fed's Powell strikes dovish tone - Reuters

* Details of Biden's stimulus plan fail to lift greenback * Bitcoin eyes record high above $42,000 after $12,000 plunge * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Jan 15 (Reuters) - The dollar's rebound from a nearly three-ye…

Reuters - 2021-01-15
Forex News 1

EUR/USD Price Analysis: Muted reaction to Biden's stimulus talk, Friday's close pivotal

The US President-elect Joe Biden unveiled a much-anticipated coronavirus rescue plan a few minutes before press time, promising $2,000 in stimulus che

FXStreet - 2021-01-15
Forex News 6

Forex Today: Fed's Powell says too soon to talk about tapering, USD capped

Here is what you need to know Monday, January 15th 2021: The comeback in the US dollar remains the focus in the forex space for the start of the year.

FXStreet - 2021-01-14
Forex News 12

USD/JPY Price Outlook: US Dollar Ranges Ahead of Biden Aid Plans

USD/JPY price action, which is the second largest component of the US Dollar Index, appears to be consolidating headed into a press statement from president-elect Biden detailing his covid aid pack...

DailyFX - 2021-01-14
Forex News 12

FOREX-Dollar slips after Fed's Powell says not hiking rates anytime soon - Reuters

The dollar drifted lower on Thursday in choppy trading, after Federal Reserve Chair Jerome Powell struck a dovish tone, saying the U.S. central bank is not raising interest rates anytime soon and rejecting suggestions the Fed might start reducing its bond pur…

Reuters - 2021-01-14
Forex News 1

British Pound Forecast: Bullish Breakouts on Pace, or At Least on Precipice - Levels for GBP/JPY, GBP/USD Rates

GBP/JPY rates are continuing with their bullish breakout, while GBP/USD rates may not be far behind.

DailyFX - 2021-01-14
Forex News 10

Silver Prices Fall Back to Key Trend Support - Next Levels for XAG/USD

Amid a weaker US Dollar, copper prices are still coiling during their bullish breakout attempt.

DailyFX - 2021-01-14
Forex News 7

Budget 2021-22 wishlist: Here are the key challenges in health care sector

Close to 75% of medical devices are imported leading to forex loss

Business Standard - 2021-01-14
Forex News 12

Australian Dollar Outlook: Aussie Building Breakout- AUD/USD Levels

Australian Dollar has carved a monthly range just below technical resistance and we’re looking for the breakout. These are the levels that matter on the AUD/USD charts.

DailyFX - 2021-01-14
Forex News 11

EUR/GBP Price Analysis: Will Recent Pound Momentum Break Key Support?

The Pound Sterling has strengthened against the USD, JPY and EUR recently as the UK looks optimistically towards an economic recovery as vaccinations continue

DailyFX - 2021-01-14
Forex News 2

GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?

GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.

DailyFX - 2021-01-14
Forex News 1

Silver (XAG/USD) Shuffles Sideways Ahead of Stimulus Announcement

Silver prices continue to trade in a range as US Treasury yields gain appeal

DailyFX - 2021-01-14
Forex News 10

Bank of Israel to buy $30 billion of forex in 2021 to stem shekel surge

The Bank of Israel plans to buy $30 billion of foreign currency this year after the shekel appreciated sharply on Thursday to a 24-year peak against the dollar.

Reuters - 2021-01-14
Forex News 13

USD/ILS jumps 2% after Bank of Israel announces decision to buy $30 billion in forex in 2021

The Bank of Israel announced on Thursday that it's planning to buy $30 billion of foreign currency in 2021 to curb the appreciation in the Israeli new

FXStreet - 2021-01-14
Forex News 4

XDesk Global Success: DeskTrading Reports Impressive 2020 Performance

DeskTrading announced today that the performance of its XDesk SMA trading platform in 2020 marked DeskTrading's best returns since 2014. The results for 2020...

Yahoo Entertainment - 2021-01-14
Forex News 11

USD/CAD Technical Overview: Stuck in a Channel Below Long-term Support

USD/CAD continues to show very little threat at this time of turning things around; trending below long-term support suggests further losses ahead.

DailyFX - 2021-01-14
Forex News 1

USD/ZAR Outlook: Rand Pulls Back Pending Next Week’s SARB Meeting

Rand may be heading for further strength, while key South African economic data is scheduled next week.

DailyFX - 2021-01-14
Forex News 12

BTC/USD: Bitcoin Shruggs Off Lagarde's Comments, Up Above 38,000

Bitcoin continues its bullish run and pushes above 38,000 but price may see consolidation in the short-run

DailyFX - 2021-01-14
Forex News 2

FOREX-Dollar holds gains as expectations for Biden's stimulus grow - Reuters

* Biden to give details of "trillions" in spending Thursday * Many analysts still expect dollar to resume declines * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Julien Ponthus LONDON, Jan 14 (Reuters) - The dollar held above three-year lows versus ma…

Reuters - 2021-01-14
Forex News 4

Forex Today: Biden's expected stimulus boosts markets, melts gold, Powell, jobless claims eyed

Here is what you need to know on Thursday, January 14: Reports that Biden's is set to announce a $2 trillion package have been boosting markets and we

FXStreet - 2021-01-14
Forex News 13

When to trade bitcoin? When Saturn crosses Mercury, of course - Reuters

Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency.

Reuters - 2021-01-14
Forex News 4

Rupee slips 3 paise to 73.18 amid strong US dollar, weak Asian currencies

The domestic unit opened at 73.18 per dollar at the interbank forex market, falling 3 paise over its previous close

Business Today - 2021-01-14
Forex News 5

Rupee slips 3 paise to 73.18 against US dollar

On Wednesday, the rupee had settled at 73.15 against the American currency.

BusinessLine - 2021-01-14
Forex News 10

FOREX-Dollar extends rebound as investors await U.S. stimulus details, bitcoin bounces

The dollar extended its rebound from near three-year lows versus major peers on Thursday, supported by higher U.S. yields, as President-elect Joe Biden prepared to outline his plans for massive fiscal stimulus.

Reuters - 2021-01-14
Forex News 5

LCCI calls for policy to encourage FX inflow

By Nkiruka Nnorom ECONOMY The Lagos Chamber of Commerce of Industry, LCCI, has lamented the continued liquidity crisis in the Foreign Exchange (forex) market and its impact on businesses, saying that it is worsening the rate of divestment in the country. Mr. …

Vanguard - 2021-01-14
Forex News 6

FOREX-Dollar extends rebound as investors await U.S. stimulus details, bitcoin bounces - Reuters.com

* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, Jan 14 (Reuters) - The dollar extended its rebound from near three-year lows versus major peers on Thursday, supported by higher U.S. yields, as President-elect Joe Biden prepared to…

Reuters - 2021-01-14
Forex News 9

NZD/USD bulls taking charge in Tokyo

NZD/USD is currently trading at 0.7191 between a low of 0.7173 and 0.7194 and attempting to regain ground, forming prospects of a double bottom. It ha

FXStreet - 2021-01-14

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