Representative image. | Photo Credit: Getty Images/iStockphotos The rupee fell 10 paise to 95.55 against the U.S. dollar in early trade on Friday (August 28, 2026), weighed by FII outflows and sustained disruptions in global crude oil supplies. However, a marginally weaker greenback and a fall in global crude oil prices to levels below $90/barrel…
Switzerland’s KOF Economic Barometer rose from a revised 104.2 to 106.7 in August, comfortably above 103.0 consensus and extending its run of monthly gains. The index now stands clearly above its medium-term average of 100, with KOF saying the outlook for the Swiss economy remains positive. Improvement was led by manufacturing, other services and foreign…
TL;DR: USD/CAD has stabilized after absorbing the initial tariff shock, but Friday brings two catalysts operating on completely different axes — Canadian GDP tests whether the BoC can mainatin patience, while Warsh’s Jackson Hole speech tests whether the Dollar deserves a smaller or larger credibility discount. CAD Moves Beyond First Tariff Repricing A week that…
Key points: Another beat-and-raise quarter: Revenue beat expectations by 4.2%, Q3 guidance came around 4% above consensus and management now expects approximately 70% growth in fiscal 2028 vs. current expectations of 45%, confirming that demand remains stronger than available supply. Two company headwinds—and one macro hurdle: Memory costs are set to pull gross margin from…
TL;DR: Three of Australia’s Big Four banks now expect another RBA hike this year, after minutes, CPI, and household spending data all pointed the same direction this week — pushing AUD/JPY toward 115 while BoJ hawkishness offers Yen little new to trade. Australia’s Rate Story Has Changed Fast The most important shift behind AUD this…
Created on August 27, 2026 Bullish view Bearish view The EUR/USD exchange rate pulled back to 1.1650 on Thursday, a few pips below this month’s high of 1.1710. It retreated after the latest US GDP and PCE numbers and as traders waited for the upcoming statement by Jerome Powell at the Jackson Hole Symposium. Jackson…
Marex Group Limited, the diversified global financial services platform, has expanded its prime services capabilities with the launch of a proprietary aggregated liquidity platform. This latest development builds on Marex’s wider FX and precious metals capabilities. The platform gives hedge funds, asset managers and professional clients access to multi-dealer FX and precious metals liquidity through…
PAUL J. RICHARDS PAUL J. RICHARDS/AFP via Getty Images A Pembroke Pines medical spa nurse is behind bars after police say he swindled his coworkers out of $16,000 using a foreign currency trading scam. Detectives began their probe into Jonathan Cuenca — the 39-year-old owner of Eternity by JC, a Hollywood-based medical aesthetics clinic —…
Created on August 27, 2026 The US dollar initially fell against the Japanese yen during the trading session here on Wednesday, as we are looking at a situation where traders are watching the Bank of Japan, and the carry trade. USD/JPY The US dollar initially fell against the Japanese yen during the trading session here…
Key Takeaways Forex trading is the exchange of one currency for another at a price that moves continuously. Global turnover averaged $9.6 trillion a day in April 2025, up 28% in three years, according to the Bank for International Settlements. Indian residents reach the currency market through contracts listed on recognized stock exchanges. Four rupee…