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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.
For travelers, Pakistan is a land of contrasts. The country is home to some of the world’s tallest mountains, as well as the Thar Desert. It is also a place with a rich history and culture, having been home to the Indus Valley Civilizatio...
Bias: Bearish-to-range-bound, as the CAD is below the 90-day average and in the lower half of the 3-month range.
Bias: Bullish-to-range-bound, as the AUD is currently above the 90-day average and in the upper half of the 3-month range.
Bias: The outlook is range-bound as the EUR/PKR is currently below its 90-day average and in the middle of the 3-month range.
Bias: The market for GBP/PKR remains bullish-to-range-bound, positioned just above the 90-day average and in the upper half of the three-month range.
Bias: The USD/PKR outlook is currently range-bound, sitting just below the 90-day average and in a stable position within the 3-month range.
Bias: Bearish-to-range-bound, as the current level is below the 90-day average and sits in the lower half of the 3-month range.
Bias: The PKR/USD is currently bullish-to-range-bound, as it sits above the 90-day average and in the upper half of the 3-month range.
Bias: The HKD/PKR exchange rate is range-bound, as it is near the 90-day average and positioned in the middle of the 3-month range.
Bias: The AED/PKR pair is currently bearish-to-range-bound, as it sits below the 90-day average and in the lower half of the 3-month range.
Bias: Range-bound, as the SGD/PKR rate is near the 90-day average and within the middle of the 3-month range.