Gold price in India: Rates on October 10
Gold prices rose in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 7,051.02 Indian Rupees (INR) per gram, up compared with the INR…
World Bank says China growth rate will drop next year, doubt over recent stimulus measures
China Growth Set to Slow Further in 2025, World Bank SaysWorld Bank forecasts China's GDP growth to drop to 4.3% in 2025 from 4.8% in 20242024 estimate revised up 0.3%…
Japanese Yen remains on the front foot against USD, BoJ rate hike uncertainty might cap gains
The Japanese Yen attracts buyers for the second successive day amid renewed intervention fears. Geopolitical tensions further benefit the safe-haven JPY and exert pressure on the USD/JPY pair. The BoJ…
Japan finance minister Kato says there are pros and cons to the weak yen
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
US Dollar climbs for fifth straight day after bumper NFP jobs report
The US Dollar climbed after a bumper NFP print on Friday. US jobs additions soared in September, with upside revisions to previous months. Market hopes for a follow-up outsized rate…
Forexlive Americas FX news wrap 4Oct:US jobs report is strong. USD, yields and stocks rise
The US September jobs report today exceeded expectations, with non-farm payrolls increasing by 254K compared to the 140K anticipated. The unemployment rate fell slightly to 4.1%, nearly reaching 4.0%, and…
USD/INR softens ahead of Indian PMI, US NFP data
Indian Rupee holds positive ground in Friday’s Asian session. Higher crude oil prices and Foreign Portfolio Investors (FPI) outflows weigh on the INR. Investors await the HSBC India Services PMI…
Nomura urge a 'more sober assessment' on China stimulus rally
Hong Kong's Hang Seng index is down 3% on the session so far, pulling back after its blistering rally in the wake of stimulus announcement s from China last week.…