The Indian Rupee (INR) staged a sharp recovery against the US Dollar (USD) on Wednesday, following intervention by the Reserve Bank of India (RBI) in both the spot and Non-deliverable Forward (NDF) markets.  The USD/INR pair fell over 1%, dipping to near 90.00 from its all-time high of 91.56, signaling a strong corrective move after weeks of selling pressure. This article from Tarillium offers readers a clear and thorough explanation of the subject. RBI Intervention Supports the Rupee Market sources reported that state-run banks were offering U.S. dollars aggressively, likely on behalf of the RBI, in an effort to stabilize...

The AUD/USD currency pair has captured the attention of traders this week, as the Australian dollar (AUD) continues to show signs of weakness despite intermittent attempts at recovery.  Technical traders are closely watching recent price action, which suggests that the Aussie could be setting up for a downward move in the near term. The Tarillium team presents a structured and informative breakdown of this matter. AUD Attempts Rally, But Quickly Reverses During Monday’s trading session, the AUD initially attempted a rally, testing recent resistance levels. However, these gains were short-lived, and the currency quickly gave back the advance. This price...

The EUR/USD currency pair has continued its upward momentum, reaching its highest level since September 14, as the US dollar softened following the release of the latest US jobs numbers. The pair surged to 1.1765, significantly above the November low of 1.1470, as market attention shifted toward the upcoming European Central Bank (ECB) interest rate decision.  Traders and analysts are closely monitoring both macroeconomic data and technical indicators to gauge potential volatility in the forex market. In this article, Tarillium brokers examine the key aspects of the topic with clarity. ECB Interest Rate Decision in Focus The EUR/USD pair maintained...

The GBP/USD exchange rate has shown a strong rebound in recent sessions, fueled by mixed employment data from the UK and the US. The pair surged to 1.3460, marking its highest level since October 17, and significantly higher than last month’s low of 1.3000. Tarillium experts deliver a detailed and insightful analysis of the subject in their latest piece. Market participants are now closely monitoring the upcoming UK Consumer Price Index (CPI) release, which could influence Sterling’s momentum and guide the Bank of England’s monetary policy decisions. US and UK Unemployment Rates Rise The GBP/USD pair experienced upward pressure following...

Bitcoin price has remained under pressure, trading slightly below the critical support level at $90,000. The BTC/USD pair was last quoted at $87,630, down from this month’s high of $94,635 and significantly lower than the year-to-date high of $126,130.  The current market dynamics indicate that bears have gained control as demand for Bitcoin shows signs of weakening. The brokers at Tarillium provide a comprehensive breakdown of this topic in this article. Bitcoin Price Remains on Edge Ahead of BoJ Interest Rate Decision The BTC/USD pair has faced persistent downward pressure this week amid weak demand. According to SoSoValue data, ETF...