India Reverse Repo Rate remains unchanged at 3.35%
India Reverse Repo Rate remains unchanged at 3.35%
Pound Sterling advances as US-Iran ceasefire improves market sentiment
GBP/USD extends its winning streak for the third consecutive day, trading around 1.3400 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on decreased safe-haven demand after the United States (US) and Iran agreed on a two-week ceasefire.
NZD/USD Price Forecast: Rises above 0.5800 after RBNZ rate hold, but remains below 100-day EMA
The NZD/USD pair jumps to a near two-week high of around 0.5820 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision and a broader risk-on sentiment.
Silver Price Forecast: XAG/USD bulls now await acceptance above $77.00/200-EMA on H4
Silver (XAG/USD) retreats slightly from the weekly high set earlier during the Asian session this Wednesday and currently trades just below mid- $76.00s, still up over 4.5% for the day.
Japanese Yen surges against US Dollar as Trump confirms two-week ceasefire
The Japanese Yen (JPY) trades significantly higher against the US Dollar (USD) on Wednesday, with the USD/JPY pair sliding 0.75% to near 158.40 during the Asian trading session.
Indonesia Foreign Reserves: $148.2 (March) vs previous $151.9
Indonesia Foreign Reserves: $148.2 (March) vs previous $151.9
AUD/USD Price Forecast: Aims to revisit multi-year high of 0.7190
The AUD/USD pair surges 1.2% to near 0.7060 in the Asian trading session on Wednesday.
EUR/USD Price Forecast: Rises above 1.1650, moving averages amid bullish reversal
EUR/USD extends its winning streak for the third successive day, trading around 1.1670 during Asian hours on Wednesday. The daily chart technical analysis indicates a bullish reversal as the pair is rising above the descending channel pattern.
Breman Speech: RBNZ Governor sheds light on inflation and interest rate outlook
Reserve Bank of New Zealand’s (RBNZ) new Governor Anna Breman presents the prepared remarks on the policy statement and responds to media questions at the press conference after the April monetary policy announcement.
NZD/USD sticks to gains near two-week top, around 0.5800 after RBNZ leaves rates unchanged
The NZD/USD pair turns positive for the third straight day following a modest Asian session dip to the 0.5700 mark and rallies to a nearly two-week top on Wednesday in reaction to the US-Iran ceasefire news.
AUD/JPY Price Forecast: Gains momentum, bullish bias prevails above 100-day EMA
The AUD/JPY cross gathers strength to around 111.80 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) amid improved risk sentiment.
Israel’s PM Netanyahu supports Trump’s decision to suspend attacks on Iran
Israeli Prime Minister (PM) Benjamin Netanyahu said during Asian trading hours on Wednesday that the nation supports United States (US) President Donald Trump’s decision to suspend attacks on Iran for two weeks, subject to Iran opening the Strait of Hormuz and stopping attacks, Israeli media reporte