Currencies

GBP/USD holds above 1.3300 to start the week.The technical outlook highlights sellers' hesitancy in the near term.Markets will continue to pay close attention to headlines surrounding the US-China relations.GBP/USD closed marginally lower on Friday but ended up posting small weekly gains. The pair holds its ground in the European session on Monday and trades above 1.3300. British Pound PRICE Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the New Zealand Dollar. USD EUR GBP JPY...

NewsVoirGurgaon (Haryana) , April 28: As international travel picks up pace for the summer season, BookMyForex (a MakeMyTrip Group Entity)--India's largest online retail foreign exchange marketplace--has unveiled its all-new Global Forex Card, built to eliminate the hidden costs of spending abroad. Loaded in USD, the US Dollar denominated Single Currency Forex Card is accepted in over 200 countries. It offers unmatched savings with zero cross-currency fees, no ATM withdrawal or cash disbursement charges, and up to 2% cashback on zero markup forex rates.This card is especially suited for students and...

Cover art for Louisa Stancioff’s cover of R.E.M.’s “Strange Currencies.” Design by Matt Gaillet I don’t know if there’s something in the air, but for the second time in as many months, a Maine-based act has released a cover of a favorite ’90s song. Toward the end of March, rock trio Weakened Friends gave us its take on Natalie Imbruglia’s pop hit “Torn.” Now it’s Warren-based singer-songwriter Louisa Stancioff’s turn to pay homage to a decade that is starting to feel like a long time ago. On April 16, Stancioff...

Monero (XMR) price is extending its gains by 19% at the time of writing on Monday, following a 9.33% rally the previous week. On-chain metrics support this price surge, with XMR’s open interest reaching its highest level since December 20. The technical outlook suggests a bullish breakout and continuation of the rally, with a target of $345. Bitcoin price broke above its 200-day Exponential Moving Average (EMA) at $85,000 early last week, rallying 11.14% until Friday. However, BTC failed to close above its March high of $95,000 and declined slightly over...

Indian Rupee gains ground in Monday’s early European session. Rising foreign inflows and lower crude oil prices support the INR. Concerns over geopolitical tensions between India and Pakistan might cap the Indian Rupee’s upside. The Indian Rupee (INR) gathers strength on Monday. Foreign Portfolio Investors (FPIs) continue to buy Indian equities for the seventh consecutive day. This, in turn, could boost the local currency against the Greenback in the near term. Furthermore, the decline in Crude oil prices contribute to the INR’s upside, as India is the third largest consumer of crude oil...

President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’s created an opportunity for Europe.The market tumult in which investors simultaneously sold off the U.S. dollar, American stocks and U.S. Treasury bonds eased last week as Mr. Trump backed off his threats to fire the Federal Reserve chair, Jerome H. Powell, and Treasury Secretary Scott Bessent tried to reassure foreign officials that trade deals would be struck.But many European officials attending...

Indian Rupee steadies in Monday’s Asian session. Concerns over geopolitical tensions between India and Pakistan weigh on the Indian Rupee. Rising foreign inflows and lower crude oil prices might help limit the INR’s losses. The Indian Rupee (INR) flat lines on Monday. Rising tension with Pakistan could trigger a risk-off sentiment among traders, which might drag the Indian currency lower. The ceasefire violation along the Line of Control (LoC) came days after the Pahalgam terror attack, which killed 26 people, mostly tourists, in the Baisaran valley near Pahalgam, Jammu and Kashmir. On the other...

April 28 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar as of 0239 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous Pct day Move Japan yen 143.790 143.67 -0.08 Sing dlr 1.316 1.3151 -0.05 Taiwan dlr 32.501 32.526 +0.08 Korean won 1439.900 1439.8 -0.01 Baht 33.685 33.53 -0.46 Peso 56.282 56.18 -0.18 Rupiah 16850.000 16825 -0.15 Rupee 85.450 85.45 +0.00 Ringgit 4.375 4.37 -0.11 Yuan 7.297 7.2862 -0.15 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 143.790...

Listen to this article Heavy is the head that wears the crown. After eighty years at the centre of the global monetary system, the United States is rebelling against its own ‘exorbitant privilege’, as former French president Valery Giscard d’Estaing famously put it. Printing the reserve currency means that the United States can effectively run trade deficits forever. But from another point of view, it also means that it is obliged to do so, since the world demand for dollars exceeds what an economy of its size would ordinarily supply...

Edward Lotterman President Donald Trump has backed off from his threats against Fed Chair Jerome Powell. He has softened his tone on trade with China, alternately suggesting he would be “flexible” and “very nice” and yet also repeating threats. China has not yet budged from its harsh first responses. All this appears to be a reaction to changes in financial markets. Prices of stocks and bonds, along with long-term interest rates, have oscillated up and down in response to the daily verbal sallies from the White House. Prices of major...