Tag: Forex
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Rupee Flags Time With Traders as New Year Flows Loom
Rupee poised for a flat start as New Year flows take center stage The Indian rupee is expected to open largely unchanged on Friday, with traders adopting a cautious, wait-and-see stance as they gauge the impact of New Year flows. After a year dominated by central bank intervention and persistent dollar demand, market participants are…
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Rupee to Mark Time as Traders Eye New Year Flows
Overview: Markets Await New Year Flows The Indian rupee is expected to open largely flat on Friday, as traders adopt a cautious stance while awaiting New Year flow dynamics. After a year characterized by heavy central bank intervention and persistent dollar demand, participants are searching for clarity on the direction of the currency in the…
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Rupee to mark time as traders seek visibility on New Year flows
Rupee starts New Year with a watchful shrug The Indian rupee is expected to open largely flat against the U.S. dollar on Friday as traders in Mumbai adopt a cautious stance. With New Year flows on the horizon and markets still digesting a year defined by interventions and persistent dollar demand, participants are trying to…
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Ringgit Opens Higher on Fed Minutes, but Upside Limited in 2025 Year-End Trade
Ringgit Opens Higher as Fed Minutes Signal Slower Rate Hikes The ringgit edged higher on the last trading day of 2025, edging up against the US dollar as markets digested the latest signals from the Federal Reserve. Minutes from the Federal Open Market Committee (FOMC) released overnight suggested a more cautious stance on future rate…
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Ringgit Opens Higher on Last Trading Day of 2025 as Fed Outlook Caps Upside
Ringgit Edges Higher on Year-End Trading Day The Malaysian ringgit extended its gain against the U.S. dollar on the final trading day of 2025, with early trade showing the local currency slightly stronger as global risk sentiment steadies and traders digest the latest Federal Reserve signals. At 8:00 a.m. local time, the ringgit traded near…
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Ringgit Opens Higher on Last Day of 2025 Despite Fed Outlook
Ringgit edges higher as year-end US dollar softens The ringgit extended its rally on the last day of 2025, nudging higher against the U.S. dollar as global markets assessed the latest Federal Reserve signals. Local traders in Kuala Lumpur reported modest gains for the Malaysian currency in early trading, with the ringgit trading above the…
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Naira Strengthens to 1,456/$ at Central Bank FX Window
Overview: The Naira Rebounds at the Central Bank Window The Nigerian naira advanced to ₦1,456.56 per $1 at the Central Bank of Nigeria (CBN) official foreign exchange window, marking a 0.54% gain as liquidity pressures ease and FX interventions continue. The move underscores the impact of continued policy measures and currency market support aimed at…
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Dalal Street Week Ahead: Key Factors to Watch as Global Cues Shape Indian Markets
Dalal Street Week Ahead: What to Watch as Markets React to Global C cues Indian stocks closed the week on a cautious note, with the Nifty 50 slipping 0.3% and continuing a downtrend for three straight weeks. Market participants will be scanning a blend of domestic signals and global cues as they position for the…
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Yen Rises as BOJ Rate-Hike Bets Grow in Markets Today
Market Expectations Lift the Yen Ahead of a BOJ Move The yen strengthened against major peers as traders priced in growing expectations that the Bank of Japan will lift its policy rate this week. In early trading, the currency rose to around 154.7 per dollar, marking a notable move as markets eye the BOJ’s next…
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China’s Yuan Climbs to a 13-Month High Against the Dollar
What’s driving the yuan’s rally to a 13-month high The Chinese yuan has surged to its highest level in about a year against the dollar, aided by robust demand from domestic and international buyers and growing optimism around an anticipated Federal Reserve rate cut. Traders have priced in policy easing signals, while steady capital inflows…