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9 Jul 2019

US Pres. Trump: India's tariffs on American products no longer acceptable

U.S. President Donald Trump recently commented on the trade relations between the United States and India in a Twitter post.

"India has long had a field day putting tariffs on American products. No longer acceptable!" President Donald Trump tweeted out.

With the initial market reaction to these comments, the USD/INR pair rose modestly to suggest that the rupee is reacting negatively to this development and is facing modest selling pressure. As of writing, the pair was up 0.1% on a daily basis at 68,615.

Jul 9, 2019

USD/CHF eases from 3-week tops amid reviving safe-haven demand

The USD/CHF pair quickly retreated around 20-pips from near three-week tops and is currently placed at the lower end of its daily trading range, aroun
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Jul 9, 2019

EUR/USD bounces off lows near 1.1190, Powell, FOMC eyed

The shared currency keeps the tight range intact so far today, with EUR/USD navigating between the vicinity of 1.1190 and the 1.1215/20 band. EUR/USD
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