Fiona Cincotta
AUD/USD: Aussie Dollar Drops As Australia Enters Recession
The Australian Dollar US Dollar (AUD/USD) exchange rate trades -0.5% at US$0.7330. This is the second day off losses for the pair.
Australian GDP -7%...
AUD/USD: Australian Dollar Dives As Economy Contracts 7%
Australian economy shrinks by more than expected
RBA keeps rates on hold and expands Term Funding Facility
US Dollar (USD) remains strong despite...
USD/INR: Rupee Drops As Covid Cases Rise
The US Dollar Indian Rupee (USD/INR) exchange rate is on the rise on Wednesday recouping losses from the previous session. The pair trades +0.3%...
USD/INR: Rupee Declines As Covid Cases Push Beyond 3.7 Million
India records over 78,000 new infections in 24 hours but pressure remains to keep economy open
Manufacturing data yesterday showed sector starting to...
USD/PKR: Rupee Declines At Consumer Prices Increase At A Slower Rate
The US Dollar Pakistan Rupee (USD/PKR) exchange rate is trading higher, adding to Tuesday’s gains. The pair jumped 0.3% to 165.50.
Pakistan’s inflation growth was...
USD/PKR: Rupee Slips As Inflation Growth Slows
Pakistan Rupee (PKR) is falling versus the stronger US Dollar
Pakistan CPI +0.6% mom and 8.2% yoy vs 9.3% in July
US Dollar...
GBP/AUD: AUS$ Drops As Australian Economy Shrinks By More Than Expected
The Pound Australian Dollar (GBP/AUD) exchange rate is trading higher for a third straight session. GBP/AUD trades +0.1% at 1.8171.
The Aussie Dollar is slumping...
GBP/AUD: Aussie Dollar Drops As Australian Economy Contracts -7%
Australian economy sees deepest contraction since records began in 1959 and first recession in 30 years
RBA expands lending facility to support low...
EUR/USD: Euro Extends Retreat From $1.20
The Euro US Dollar (EUR/USD) exchange rate continues to fall away from its two year high of US$1.20 reached in the previous session. The...
EUR/USD: Euro Slips Below $1.19 After Weak German Retail Sales
German retail sales -0.9% mom in July after -1.8% in June
Data comes after Eurozone & German inflation turned negative
US Dollar rallies...