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Central banks are moving in different directions—Australia cuts, UK eases despite inflation, and the Fed faces political risks. Here’s what it means for exchange rates and transfer timing.
President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.
Global FX markets shifted in July as the USD gained on trade deals, the British pound climbed, and the Indian rupee weakened on tariff fears. Here’s what’s driving currencies now.
The euro's unexpected rise against the U.S. dollar presents the European Central Bank with a complex dilemma, as global trade tensions and policy shifts influence currency dynamics.
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
During periods of rising inflation a stronger currency benefits a country's economics as this makes imports cheaper.
'Fortress New Zealand' opening after two long pandemic years - Aussies welcomed back first on April 12th and other nationalities on 1st of May.
India is a vibrant, colourful, and fascinating country to explore but can be a little intimidating for first time visitors. There are many magical places to visit so try to make a point of staying at least two nights in any one place.
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CAD/INR Outlook: Bullish, as the rate is significantly above its recent average and trading near recent highs, supported by oil price dynamics.
AUD/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
EUR/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driving factor.
GBP/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
USD/INR Outlook: Slightly positive, but likely to move sideways as the USD is above its recent average and trading near highs without a clear driver.
SAR/INR Outlook: Slightly positive, but likely to move sideways as the rate is just above its 90-day average and within a stable range.
HKD/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and trading comfortably within the 3-month range.
CHF/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear supporting driver.
AED/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and trading within a stable range.
NZD/INR Outlook: The outlook is slightly positive, but likely to move sideways as the NZD is above its recent average but lacks a clear driving force.
MYR/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and shows no clear driver to push it higher.
INR/THB Outlook: Slightly weaker, but likely to move sideways, as the pair trades below its recent average and lacks a clear driver.
INR/SGD Outlook: Bearish, as the rate is below its recent average and near recent lows.
INR/JPY Outlook: Slightly positive, but likely to move sideways as the rate is near its recent average and lacks a clear driver.
INR/HKD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and mid-range with mixed signals.
INR/GBP Outlook: Bearish, as the INR is below its recent average and near the lower end of the 3-month range.
INR/EUR Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by key economic factors.
INR/CNY Outlook: Bearish, given that the rate is below its recent average and near the lower end of its range.
INR/CAD Outlook: Bearish, as the INR is below its recent average and facing significant downward pressures.
INR/AUD Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by ongoing economic challenges in India.
INR/AED Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear driver.
INR/USD Outlook: Slightly weaker, but likely to move sideways, as the rate is just below its 90-day average and shows limited clear drivers.
SGD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average without a clear driver.