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India Reverse Repo Rate remains unchanged at 3.35%
India Reverse Repo Rate remains unchanged at 3.35%
Indian Rupee tumbles after RBI's policy, 20 bps away from all-time low
The Indian Rupee ((INR) weakens significantly against the US Dollar (USD), following the Reserve Bank of India’s (RBI) monetary policy meeting on Wednesday. The USD/INR pair jumps to near 96.80, the highest level seen in four months.
India RBI Interest Rate Decision (Repo Rate) in line with expectations (5.5%)
India RBI Interest Rate Decision (Repo Rate) in line with expectations (5.5%)
EUR/JPY Price Forecast: Slips below 178.00 after pulling back from nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias.
New Zealand Dollar resumes decline against US Dollar ahead of FOMC minutes
The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609.
Australian Dollar holds losses below 0.7000 ahead of FOMC Minutes
The AUD/USD pair declines to near 0.6970, snapping the three-day winning streak during the early Asian session on Wednesday. The Australian Dolllar (AUD) softens against the US Dollar (USD) as bets of the Reserve Bank of Australia (RBA) fall.
British Pound weakens as US Dollar advances ahead of FOMC Meeting Minutes
GBP/USD loses ground after registering modest gains in the previous day, trading around 1.3250 during Asian hours on Wednesday.
Japanese Yen softens as BoJ rate hike expectations recede, FOMC Minutes loom
The USD/JPY pair gathers strength to around 158.35 during the early Asian trading hours on Wednesday. Receding expectations for a rate hike by the Bank of Japan (BoJ) weigh on the Japanese Yen (JPY) against the US Dollar (USD).
Canadian Dollar edges lower on reviving USD demand; recovering oil prices limit losses
The USD/CAD pair edges higher during the Asian session on Wednesday, stalling the previous day's retracement slide from the vicinity of its highest level since April 2025, touched at the start of this week.
Euro weakens below 1.1250 on France’s debt fears
The EUR/USD pair remains on the defensive near 1.1250 during the early Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of France’s debt crisis. The Minutes of the Federal Open Market Committee (FOMC) will be in the spotlight later on Wednesday.
RBI raises the Repo Rate by 25 bps to 5.5% in October, as expected
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced on Wednesday that it raised the benchmark Repo Rate by 25 basis points (bps) to 5.50% from 5.25% following the conclusion of the October monetary policy meeting.
Japan JP Foreign Reserves dipped from previous $1207.5BÂ to $1178.4B in September
Japan JP Foreign Reserves dipped from previous $1207.5BÂ to $1178.4B in September
BoJ’s Sato signals support for future rate hikes
The Bank of Japan's (BoJ) new ‌policymaker Ayano Sato said that she supports the idea of raising interest rates in several stages, Reuters reported on Tuesday.