EUR/AUD’s extended fall last week suggests that rebound from 1.6108 has completed at 1.6617 already. But as a temporary low was formed at 1.6256, initial bias remains neutral this week first. Further decline is expected as long as 1.6419 resistance holds. Below 1.6256 will target 1.6108 low. Firm break there will resume larger down trend….
On July 23, the rupee ended 20 paise weaker at 96.73 against the U.S. dollar. File | Photo Credit: PTI The rupee rose 22 paise to 96.51 against the U.S. dollar in early trade on Friday (July 24, 2026), on likely RBI intervention to stem its further slide after global crude oil prices crossed the…
AUD/USD had been trying to hold onto its recent recovery, but the tone has shifted. What looked like a relatively stable stretch has started to feel more fragile, and the change is not really about one sharp move so much as the way several pressures are beginning to align at the same time. That is…
Eurozone business activity returned to expansion in July, with the Flash Composite PMI rising to 51.9 from 50.0, its highest level in five months and signaling the first increase in private-sector output in four months. The improvement was broad-based, driven by a rebound in services and a further acceleration in manufacturing, suggesting the economy has…
Market Overview Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia. The subsequent resumption of growth indicates that the upward trend remains intact and that market participants…
The Brent crude rally is a bigger ‘bearish’ factor for EURUSD than the ECB. The Fed may spring a surprise as early as July. The US dollar paid no heed to the ECB’s hawkish rhetoric and continued its advance against major global currencies, including the euro. The European Central Bank left its deposit rate at…
Currency markets are heading into the weekend in a cautious mood, with traders reluctant to take large directional positions ahead of what could prove to be a defining 48 hours for global markets. Dollar is ending the week broadly firmer but has been unable to force a convincing breakout against Euro despite another rise in…
US business activity accelerated at the start of the third quarter, with S&P Global’s Flash Composite PMI Output Index rising from 51.9 to 53.6 in July, its highest level in eight months. The improvement was driven by the services sector, where the Business Activity Index climbed from 51.2 to 53.6, also an eight-month high. Manufacturing,…
Several megacap stocks fell on Thursday but hen showed signs of recovery in premarket trading on Friday as stocks climbed. Written by: Timothy St. John • Friday, July 24, 2026 • 2 min read • Last updated: Friday, July 24, 2026 Add an article to your Reading List Register now to be able to add…
This image is used for representational purposes only. | Photo Credit: Getty Images/istockphoto The rupee recovered 18 paise to close at 96.55 (provisional) against the U.S. dollar on Friday (July 24, 2026), amid likely intervention by the Reserve Bank of India (RBI). A combination of factors, including heightened tensions in West Asia, Foreign Institutional Investor…