Latest Updates


USDCAD at Daily Low after US November CPI

USDCAD trades 0.09 lower at 1.3218 making daily low after the U.S. November CPI came in at 2.1% above forecasts of 2%, the Consumer Price Index (Month over Month) came in at 0.3%, topping expectations of 0.2%. The Consumer Price Index ex Food & Energy (Month over Month) came in [...]

GBPUSD Seesaws Ahead of Fed and UK Election

GBPUSD pares earlier losses and hits the unchanged level for the day at 1.3149 after the recent polls suggest a narrowing Conservative’s lead, with the majority now dropped to 28 seats from 68 seats, increasing the possibility of a hung UK parliament. GBPUSD recent strength helped by the polls that [...]

USDINR Stalls at Monthly Lows Ahead of FOMC Decision

USDINR trades 0.06% higher at 70.814 reversing earlier losses from monthly lows.  The pair as pf writing halts the correction from December highs (71.74) mainly due to US dollar weakness and an unexpected move from Reserve Bank of India. In its December 5th policy meeting RBI left interest rates unchanged [...]