The Pound Sterling (GBP) advances on Thursday during the North American session, up 0.25% after US economic data showed that the labor market remains solid, despite a weaker Nonfarm Payrolls
India has eased rules governing rupee-based trade, allowing exporters greater flexibility to invoice overseas sales and receive payments in Indian rupees.The Directorate General of Foreign Trade (DGFT) has amended the
EUR/GBP trades near the 0.8560s zone, having drifted steadily lower from near the 0.8585 area after failing to hold its push higher. The cross is down 0.15% in Thursday's American
The Indian Rupee (INR) is balancing solid macroeconomic fundamentals and massive central bank reserves against renewed hawkish undertones from the Reserve Bank of India (RBI). While strong domestic demand and
AUD/USD declines 0.22% on Thursday and trades around 0.7110 at the time of writing. The Australian Dollar (AUD) remains under pressure after data showed an unexpected deterioration in Australia’s labor
EUR/CAD halts its three-day winning streak, trading around 1.6110 during the European hours on Thursday. The currency cross faces downward pressure as the commodity-linked Canadian Dollar (CAD) gains support from
The government has amended the Foreign Trade Policy to allow exporters greater flexibility to invoice overseas sales and receive payments in Indian rupees, while aligning the rules with RBI regulations.
The Japanese Yen (JPY) is down against its major currency peers on Thursday, with USD/JPY trading 0.22% higher at around 158.50 during the European trading session. The Japanese currency underperforms
The USD/CAD pair declines to around 1.3790 during the early European trading hours on Thursday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) as cooling US inflation dampens
The Pound to Dollar (GBP/USD) exchange rate jumped above 1.3600 on Wednesday, reaching its strongest level since May as falling Treasury yields hit the US Dollar. Pound Sterling's own UK