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19 Feb 2020

US Pres. Trump casts doubts over India trade deal ahead of visit

Days ahead of a scheduled visit to India, US President Trump raised doubts over a potential trade deal with the South Asian super power, Bloomberg reports.

While speaking to Reuters late Tuesday, Trump said:” Well, we can have a trade deal with India, but I’m really saving the big deal for later on.”

Trump said that he still wants to do “a very big trade deal with India,” but added “I don’t know if it will be done before the election. We’re not treated very well by India, but I happen to like Prime Minister Modi a lot.”

Trump is scheduled to visit India on February 24^th and 25^th.

USD/INR slips from monthly top near 71.80 despite challenges at India

Feb 19, 2020

GBP/USD awaits UK Consumer Price Index for fresh moves

GBP/USD clings to 1.3000 while heading into the London open on Wednesday. The Cable has been in a 10-pip choppy range between 1.2995 and 1.3005.

EUR/GBP Price Analysis: Seven-week-old falling trendline guards immediate upside

EUR/GBP seesaws around the previous day’s close while taking rounds to 0.8305 ahead of the European session on Wednesday.