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The Indian Rupee (INR) extends its decline on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump’s victory in the US presidential elections drag the local currency lower.
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Gold prices rose in India on Thursday, according to data compiled by FXStreet.
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Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.
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The heads up on this yesterday:
Happening now, Headlines via Reuters citing court filings
This article was written by Eamonn Sheridan at www.forexlive.com.
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Below you’ll find who is on the schedule. Times are GMT/US Eastern time format.
Apart from these 10 be wary of a few popping up unannounced in various media interviews and what have you.
No sing of the boss speaking though.
This article was written by Eamonn Sheridan at www.forexlive.com.
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The Extreme TMA Line and Market Direction Forex Trading Strategy is a robust approach designed to help traders navigate the complexities of market trends. This strategy combines the power of the Triangular Moving Average (TMA) with precise market direction analysis to identify high-probability entry and exit points. The Extreme TMA Line acts as a dynamic […]
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West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.95 on Thursday.
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U.S. authorities allege Chairman Gautam Adani and seven others paid $265 million in bribes to Indian government officials. Adani Group has not commented on the allegations as yet.
The price of Adani dollar bonds fell in early Asia trade.
Reuters reports
The price drops are the most significant since February 2023, when Hindenburg Research released a critical report on Adani Group’s debt and tax practices.
This article was written by Eamonn Sheridan at www.forexlive.com.
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The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.
The previous close was 7.2455
In open market operations (OMOs): PBOC injects 470bn yuan via 7-day RR, sets rate at 1.5%
This article was written by Eamonn Sheridan at www.forexlive.com.
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The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and drags the USD/JPY pair away from the weekly top touched the previous day.
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The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1934, as compared to the previous day’s fix of 7.1935 and 7.2482 Reuters estimates.
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