Browsing Category
Forex
Budget 2024 Expectations: Bring credit cards under new TCS regime to bring
As the Union Budget approaches, there is a demand to bring parity between forex and credit cards. Currently, forex cards are subjected to Tax Collected at Source (TCS),…
Read More...
Read More...
Stocks Higher as Markets Await US Inflation
Stock markets are higher almost everywhere over the past day, especially in the USA, where data later today is expected to show annualized inflation continuing to fall. Forex…
Read More...
Read More...
Forex Today – 23/01: Bank of Japan Stands Pat
In its policy meeting a few hours ago, the Bank of Japan unanimously agreed to maintain all its monetary policies, only tweaking its inflation forecast.The Bank of Japan met a…
Read More...
Read More...
Market Await Bank of Japan Policy Clarification
The Bank of Japan has begun a 2-day policy meeting, which is expected to signal under what conditions the Bank will finally begin to move away from its ultra-loose monetary…
Read More...
Read More...
Forex Today – 22/01: US Stocks Hit Record Highs
Friday saw all major US stock indices rise firmly to reach new record highs, with the rise continuing in off-hours trading as the market opened this week.US stock markets are…
Read More...
Read More...
ForexLive Asia-Pacific FX news wrap: Yen slides (Bitcoin too)
Twiitter confirms @SECGov was compromised, did not have two-factor authentication enabledJP Morgan warns that Red Sea terrorist attacks driving up shipping costs,…
Read More...
Read More...
USD/JPY Forecast Today – 19/01: Bullish Behavior (Chat)
Longer term, I do think that we go much higher.The US dollar has been somewhat choppy against the Japanese yen during the trading session on Thursday, as we are now well above…
Read More...
Read More...
GBP/USD Forecast Today – 19/01: Bouncing Around (Chart)
I don't necessarily have a strong inclination one way or the other in this pair, at least as long as we are between the 1.2750 level above and the 50 day EMA underneath. Looking…
Read More...
Read More...
FX Daily: Fed’s Waller speech will be key today | Article
European FX starts the day on the back foot. Asian equities are off on the back of further poor sentiment out of China. From what we can gather it seems that a new, specialised…
Read More...
Read More...
Forex Today – 16/01: US Dollar Reaches 1-Month High
The US Dollar Index reached a 1-month high yesterday, as US treasury yields rose, and hawkish comments emanated from the ECB. Over the past day, the US Dollar Index…
Read More...
Read More...