Lallalit Srijandorn

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 and US employment data. The Indian Rupee (INR) recovers some […]

GBP/USD trades on a firmer note around 1.3125 in Friday’s early Asian session.  The US Nonfarm Payrolls (NFP) data will be in the spotlight on Friday.  BoE’s Bailey said he sees a chance of a more aggressive rate reduction.  The

GBP/USD weakens to near 1.3265 in Thursday’s early Asian session.  The risk-off mood and upbeat US ADP report lift the US Dollar.  A less dovish stance of the BoE might cap the pair’s downside.  The GBP/USD pair extends its downside

AUD/USD trades flat around 0.6880 in Wednesday’s early Asian session.  Fed’s Powell seems to favor a gradual easing path.  China’s stimulus plans and hawkish RBA might support the Aussie in the near term.  The AUD/USD pair flatlines near 0.6880 during

Israel announced a “limited” ground operation against Hezbollah targets in the border area of southern Lebanon, sending its soldiers across the border, per local news agency Aljazeera.  Israeli warplanes carried out massive strikes on Beirut’s southern suburbs after civilians were

USD/CHF holds positive ground near 0.8415 in Monday’s early European session.  Rising bets of further jumbo Fed rate cuts and the ongoing geopolitical tensions in the Middle East might weigh on the pair.  Traders brace for the Fed’s Chair Jerome

St Louis Federal Reserve (Fed) President Alberto Musalem said on Friday that the Fed should revert to cutting interest rates “gradually”, after a larger than usual half-point reduction in the September meeting, per Financial Times. Key quotes  “For me, it’s

The People’s Bank of China (PBOC) cut the seven-day repo rate to 1.5% from 1.7% on Friday.  Additionally, the Chinese central bank announced to cut the amount of the reserve requirement ratio (RRR), the required minimum capital banks must hold in

NZD/USD trades with mild gains near 0.6260 in Thursday’s Asian session.  Fed’s Kugler said she strongly supported half-point rate cut.  China’s rate cuts and new stimulus measures support the Kiwi.  The NZD/USD pair trades with mild positive bias around 0.6260

Indian Rupee gathers strength in Wednesday’s Asian session.  Improved risk appetite and a weakening USD support the INR.  Investors await the US August New Home Sales and Fed’s Kugler speech on Wednesday.  The Indian Rupee (INR) edges higher on Wednesday.