FIIs offloaded equities worth ₹3,483.98 crore on a net basis on Friday (April 4, 2025), according to exchange data. File | Photo Credit: The Hindu The rupee declined 19 paise to 85.63 against the U.S. dollar in early trade on Monday (April 7, 2025), facing the heat of the global trade war triggered by the

Daily Pivots: (S1) 1.0855; (P) 1.1001; (R1) 1.1196; More… Intraday bias in EUR/USD remains on the upside at this point. Sustained trading above 61.8% projection of 1.0358 to 1.0953 from 1.0731 at 1.1099 will pave the way to 1.1274 key resistance, and probably further to o 100% projection at 1.1326. On the downside, below 1.1002

Created on April 06, 2025 Gold markets have been sold off rather viciously during the trading week, but quite frankly at this point in time I think you got a situation where gold will eventually find buyers, especially if we get too close to the $3000 level. The $3000 level of course is a large,

EUR/USD trades near the 1.1000 zone after paring back earlier gains from the weekly top. Fed’s Powell flags inflation risks and uncertainty due to broader-than-expected tariff impacts. Support lies near 1.0975 and 1.0880; momentum signals remain mixed despite a bullish moving average structure. During Friday’s session following the European close, the EUR/USD pair slipped back

Which well-known online trading figures are behind the launch of MetroTrade, the latest entrant in the retail futures trading space? What were MultiBank Group’s (record) Revenue and Profit figures for 2024? Why did Robinhood have to (once again) curtail somewhat its latest foray into offering Sports Betting via event contracts? Who is the new majority

I wrote on 30th March that the best trades for the week would be: Long of Gold, which fell by 1.78%. Long of EUR/USD following a daily close above $1.0951. This set up on Thursday, but the week ended lower by 0.80%. Long of US Copper futures following a daily close above $5.25. This did

Forex trading, also known as foreign exchange trading, is the act of buying and selling currencies with the aim of making a profit.The Forex market is the largest financial market in the world, with a daily trading volume of over $7.5 trillion It operates 24 hours a day, five days a week, and is accessible

Created on April 06, 2025 The GBP/USD went into the weekend near the 1.28987 ratio. A high in the currency pair was seen on Thursday when the 1.32070 vicinity was being challenged only to finish the day’s trading near 1.30800. On Friday swift selling accelerated and downward motion took the GBP/USD to lows near the

The USD/CAD weekly forecast shows tariffs threatening growth in the US and Canada. Trump’s new tariffs worsened fears about a US recession. Employment figures from Canada revealed a weak labor market. The USD/CAD weekly forecast shows tariffs threatening growth in the US and Canada, which could keep the pair in consolidation. Ups and downs of

Headlines: China announces tariffs of 34% on all US goods in retaliation Risk-off flows intensify ahead of US trading Traders are now pricing more than 50% chance of a fifth cut by year-end AUD hit the hardest amid the risk-off flows Gold picks itself back up as the trade war rhetoric escalates Oil sinks to

NZD/USD fell sharply toward the 0.5600 zone on Friday, tracking heavy daily losses ahead of the Asian session. Momentum indicators align bearishly, with MACD and Bull Bear Power showing clear selling pressure. Major moving averages and resistance near 0.5700 cap upside attempts for now. The NZD/USD pair collapsed on Friday, diving toward the 0.5600 area

The Greenback is reclaiming some losses for this week after strong NFP numbers. Focus shifts now to Fed Chairman Jerome Powell speaking later this Friday.  The US Dollar Index is back above 102.00 and looks to close above the level before the weekend. The US Dollar Index (DXY), which tracks the performance of the US

Key points: US dollar pulls back against yen Exchange rate drops 2.1% Greenback battered broadly Greenback wasn’t green at all on Thursday as the forex market got rocked hard after Trump rolled out the tariffs. Japanese Yen Rallies The USDJPY pair shed 2.1% on Thursday in its worst daily session since December. The beating

The Japanese Yen bulls retain control amid worries about the economic fallout from Trump’s tariffs. The risk-off mood and relatively hawkish BoJ expectations further lend support to the safe-haven JPY. The USD selling bias keeps USD/JPY close to a multi-month low ahead of the crucial US NFP release. The Japanese Yen (JPY) seesaws between tepid

Rupee appreciated 34 paise to 84.96 against the US dollar in early trade on Friday, as the greenback’s broad-based weakness following the impact of Trump’s tariffs offered relief to emerging market currencies, including the rupee. The key catalysts for the rupee’s rebound include the fall in crude oil prices and the weakness of the American

The Japanese Yen rallies across the board amid Trump’s tariff-inspired global flight to safety. The narrowing of the US-Japan rate differential drives flows toward the lower-yielding JPY. The divergent BoJ-Fed expectations support prospects for a further USD/JPY depreciation.  The Japanese Yen (JPY) sticks to its strong intraday gains through the early European session on Thursday,

The tariffs introduced by Trump yesterday on imports from various countries—20% on the EU, 34% on China, and 46% on Vietnam—have heightened uncertainty in the currency markets. As expected, these measures have contributed to increased volatility in major currency pairs. The actions of the White House administration have led to losses for the dollar, causing

Bitcoin’s relationship with traditional financial markets has evolved, making its correlation with the US dollar (USD) an essential factor for forex traders. While Bitcoin operates independently of central banks, its price movements often align with macrotrends influencing the US dollar, including interest rates, inflation and liquidity shifts. Over the past five years, Bitcoin’s correlation with

The Greenback is one of the victims in financial markets of Trump’s reciprocal tariffs. A base 10% tariff for all countries exporting goods to the US and additional levies per country with China facing a sum of 54%.  The US Dollar Index is hit hard and falls below the 102.00 level and even drops below