France December CPI Inflation Remains Steady at 0.8% Year-on-Year
France's Consumer Price Index (CPI) for December matched expectations with a 0.8% increase year-on-year and a 0.1% rise month-on-month. The harmonised CPI showed a slight decrease to 0.7% year-on-year, indicating stable inflation trends in the country.
Traders Reduce BOE Rate Cut Expectations Following GDP Data
After recent GDP figures, traders have scaled back their expectations for Bank of England rate cuts, now anticipating a total of 46 basis points of reductions in 2026. This adjustment reflects a more cautious outlook on the pace of monetary easing.
NZD/USD holds losses below 0.5750 ahead of US Initial Jobless Claims
NZD/USD holds losses below 0.5750 ahead of US Initial Jobless Claims
USD/CAD Price Forecast: Eyes a decisive breakout above 200-day EMA
USD/CAD Price Forecast: Eyes a decisive breakout above 200-day EMA
Indonesian Rupiah Falls 0.2% to Lowest Level Since April 2025
The Indonesian rupiah weakened by 0.2% to 16,885 per US dollar, marking its lowest point since April 2025. This decline reflects ongoing pressures in the currency market affecting Indonesia's exchange rate.
TSMC Projects Nearly 30% Revenue Growth in USD for 2026
TSMC forecasts its revenue to increase by nearly 30% in US dollar terms in 2026, indicating strong growth prospects for the semiconductor giant. This growth reflects robust demand and potential expansion in its market share.
Pound Sterling Price News and Forecast: GBP/USD remains under pressure as the US Dollar strengthens
Pound Sterling Price News and Forecast: GBP/USD remains under pressure as the US Dollar strengthens
S. Korea Highlights FX Role in $350B U.S. Investment Package, Says Bessent
A South Korean official emphasized the importance of foreign exchange (FX) mechanisms in facilitating a $350 billion U.S. investment package, as noted by Bessent. The statement underscores the critical role of currency exchange in international investment flows between the two countries.
USD/INR expects cautious start on Friday as Oil price cools down
USD/INR expects cautious start on Friday as Oil price cools down
Silver pulls back from the highs, major currencies steady ahead of European trading
When moves tend to go parabolic, the profit-taking naturally can be swift and sharp. And that's what we're seeing with silver after hitting highs of over $93 overnight before a quick plunge in Asia.