Forex
Foreign Exchange Markets Approach Six-Month Swing Trading Highs
Currency markets present a significant swing trading opportunity, marking the largest potential movement observed in over six months.
EUR/USD Reaches Two-Month High Ahead of Fed Minutes
The euro climbed to a two-month high against the dollar as markets awaited the Federal Reserve minutes and upcoming Jackson Hole remarks.
USD/JPY: Analyzing Market Perspectives on Potential Intervention Strategy
Market participants evaluate the strategic rationale behind potential currency intervention approaches regarding the USD/JPY exchange rate.
Sterling Rises Against Dollar on Soft US Retail Data
The British pound advanced as weaker-than-expected US retail sales figures reduced expectations for further Federal Reserve interest rate hikes.
Sinda Posts Q2 Loss Following $331 Million Initial Public Offering
Sinda reported a financial loss for the second quarter while successfully completing its initial public offering to raise $331 million.
India Central Bank Closes Forex Swap Facility Early Following $50 Billion Inflow
The Reserve Bank of India has wrapped up its foreign exchange swap facility ahead of schedule after drawing roughly $50 billion in inflows.
Why the US‑Canada Tariff Standoff Could Rattle the CAD More Than You Think
The looming May 1 deadline on reciprocal tariffs is reshaping risk sentiment on the Canadian dollar, and the fallout may extend beyond the border into broader FX dynamics.
EUR/USD rallies as dollar's exceptional strength wanes
Euro gains ground as broad dollar weakness reduces the currency's dominance, with EUR/USD approaching key resistance levels.
Z Squared unveils power-first AI infrastructure strategy
Company outlines plan to prioritize energy efficiency in AI data center development amid rising power costs and sustainability pressures.
Asia FX advances as Fed hike bets ease; yen rises despite weak GDP
Most regional currencies gained on Wednesday after softer U.S. inflation data reduced expectations for Federal Reserve rate hikes. The yen bucked the trend, climbing despite Japan's contracting GDP.
BofA warns U.S. yen intervention may need stronger follow-up
Bank of America strategists say any U.S.-led intervention to prop up the yen could require additional measures to sustain impact.
Russia strikes steel plant in new attacks on Ukraine; Kyiv hits Moscow region
Russian strikes target critical industrial infrastructure in southern Ukraine as Ukrainian forces launch retaliatory attacks on Moscow region.
US, Canada near tariff deadline amid unresolved trade disputes
Negotiations stall ahead of a May 1 deadline for 50% tariffs on select Canadian goods, with key sticking points persisting in bilateral trade talks.
India's forex reserves rise to $707 bln, four-month high
Reserves increase by $12.7 billion in latest data, driven by central bank's foreign currency purchases and valuation gains.
Oil rises on U.S. threat of indefinite Iran blockade
Crude prices advance after Washington signals prolonged disruption to Iranian oil flows, tightening global supply.
U.S. Senator urges Trump to support open-weight AI models
Republican lawmaker argues for backing U.S.-developed AI models amid industry debate over open-source versus proprietary systems.
Russia rejects Black Sea ceasefire proposal
Moscow dismisses calls for a halt to hostilities in the Black Sea, citing ongoing military objectives.
Market relief as U.S. halts tariff hikes on Chinese goods
Tariffs on $18 billion of Chinese imports suspended as trade tensions ease. Impact on global supply chains and inflation gauged.
Russia claims U.S. deep involvement in Ukrainian strikes
Moscow alleges Washington's direct role in Ukrainian military operations, escalating tensions over cross-border attacks.
RedotPay halts $1 billion U.S. IPO plan: report
Stablecoin payments firm RedotPay has paused its planned $1 billion U.S. IPO, according to a Bloomberg report citing unnamed sources. No official comment was provided.
U.S. dollar weakens amid mixed economic signals
Dollar index declines as traders reassess Fed policy outlook after mixed U.S. data. Focus shifts to upcoming inflation and jobs reports for direction.
Ship struck by drone in Strait of Hormuz: UKMTO
A commercial vessel sustained damage after a drone strike while attempting to exit the Strait of Hormuz, according to the UK Maritime Trade Operations agency.
JPMorgan ends Polymarket banking ties over regulatory concerns
Move follows scrutiny over prediction market platform's compliance with financial regulations. Details on timing and scope remain undisclosed.
Pound climbs as dollar softens on dovish Fed bets
Sterling gains against the dollar after Federal Reserve rate-cut expectations rise, while U.S. data supports the shift in policy outlook.