Fiona Cincotta
USD/INR: Rupee Moves Lower After Fitch Warns On Growth
Fitch forecasts -5% contraction in FY21, followed by +9.5% growth in FY22 in India, Rupee (INR) softens
Indian Inflation expected to reach 6...
USD/PKR: Rupee Lower As WHO Warns Further Lockdown Needed
WHO recommend intermittent lockdown restrictions in Pakistan as covid-19 numbers jump
Government has resisted stricter lockdown measures for fear of the economic impact
...
GBP/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly
Australian consumer confidence back at pre-coronavirus levels
Australian – China tensions keep investors jittery
Pound (GBP) weighs up reopening optimism vs BoE keeping...
EUR/USD: Euro Holds $1.1350 Ahead of Fed’s Rate Decision
US inflation & Fed rate decision in focus
Fed not expected to act, quarterly forecasts could drive movement
Euro well supported as ECB...
GBP/USD: Pound Advances Ahead of US Fed Rate Announcement
Pound (GBP) advances as economy continues to reopen
US Dollar (USD) slips ahead of FOMC rate announcement
No action expected, GDP & inflation...
GBP/EUR: Pound Rebounds As Reopening Continues
Pound (GBP) rebounds as drive through cinema’s, zoos and safari parks can all reopen
BoE Sir John Cunliffe mentioning of negative interest rate...
AUD/USD: Aussie Dollar Snaps Winning Run
Australian Dollar (AUD) under pressure as tension with China rise
Australian business confidence index rebounds in May, but still at recession levels
US...
USD/INR: Rupee Slips After World Bank Forecasts -3.2% GDP Contraction
Indian Rupee (INR) slips as WB downgrades Indian GDP& global GDP
Growing list of institutions downgrade Indian growth
US Dollar (USD) advances on...
USD/PKR: Rupee Drops As Locust Invasion Fears Grow
Locust invasion threatens Pakistan's agricultural sector (2nd largest contributor to GDP)
Cotton plants also vulnerable, threatening exports & weighing on Pakistan economic outlook
...
GBP/AUD: Aussie Drops As Chinese Tensions Rise, UK Reopens
Chinese – Australian tensions rise amid accusations of racism, dragging on Australian Dollar (AUD)
Australian business confidence improves but still at levels associated...









