Rupee dips as oil prices rise on Middle East tensions; RBI intervenes
The Indian rupee weakened as oil prices climbed on escalating Middle East tensions, and the Reserve Bank of India stepped…
Forex News
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UK retail sales growth slows to 1.3% in July as Barclaycard spending rises 2.0%
UK retail sales growth slowed to 1.3% year on year in July from 1.9% in June, even as Barclaycard's broader…
PBOC set to fix USD/CNY reference rate near 6.7497
The People's Bank of China is expected to set the daily USD/CNY reference rate at 6.7497, according to a Reuters…
MUFG opens long AUD/JPY at 111.20, targets 114.50 as yen intervention debate builds
MUFG has opened a new long AUD/JPY position at 111.20, targeting 114.50 with a stop at 109.20. The bank argues…
Dollar rebounds as yen slips further past intervention-era gains
The dollar snapped a two-week losing streak on Monday as oil's jump on Iran tensions drove safe-haven demand. The yen…
