Posts by poweradmin

USD/INR grinds near intraday high while positing the biggest daily gains in three weeks. Softer Oil price, hopes of improving US-India ties fail to inspire Indian Rupee buyers. US Dollar Index (DXY) eyes...

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Key Takeaways “China’s official manufacturing PMI released by CFLP unexpectedly rebounded to expansion in Sep but the private sector Caixin manufacturing PMI which tracked smaller private companies fell deeper in contraction.” “The CFLP non-manufacturing PMI remained...

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October Starts but Fails to Ignite Crypto Prices The opening of the historically crypto boom month of October bore a stronger resemblance to the recent dreary days of September. Bitcoin was recently trading slightly above $19,200,...

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The US dollar Fell Across The Majors Board During Morning Trade Here GBP/USD rose to nearly 1.1600 as US dollar weakness combined with news out of the UK of further stimulus to be put in...

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SDRs Will Be Credited To IMF Member Countries Washington, DC: The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion)...

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Fireworks On The Way Growing fears that central banks will have to push ahead with tightening even as the economy slows are triggering widespread expectations of recession. In financial markets, these fears are being played...

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U.S. Treasury ratesn U.S. Treasury rates briefly moved up after the FOMC embraced a steeper path for interest rate increases, but then reverted lower during Powell’s press conference after he indicated that he doesn’t expect...

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