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Indian Rupee hits record low as USD/INR surges on Oil, risk aversion
The Indian Rupee (INR) declines against the US Dollar (USD), extending its losing streak for the fifth successive session. The USD/INR pair reached a fresh record high of 92.58 during the Asian hours on Wednesday.Fxstreet
26 minutes ago
USD/CHF weakens to near 0.7800 as Middle East tensions lift Swiss Franc
The USD/CHF pair loses traction to around 0.7805 during the early European session on Wednesday. The Swiss Franc (CHF) gathers strength against the Greenback on safe-haven flows stemming from Middle East tensions.
Fxstreet
an hour ago
Japan watching markets closely, prepared to take steps, finance minister says
TOKYO, March 4 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Wednesday that the government is closely watching financial markets and is prepared to take decisive steps on foreign exchange, including currency intervention."It is desirable for currencies to move in a stable manner...Reuters
an hour ago
AUD/JPY drops to 110.00 as notable JPY strength offsets upbeat Australian Q4 GDP print
The AUD/JPY cross meets with a fresh supply following the previous day's modest rebound from the vicinity of mid-109.00s, or the weekly low, and fails to gain any meaningful traction in reaction to the upbeat Australian GDP print.
Fxstreet
an hour ago
Australia economy picks up speed in Q4 but headwinds intensifying
SYDNEY, March 4 (Reuters) - Australia's economy grew at the fastest annual pace in almost three years in the December quarter, data showed on Wednesday, a pickup that reignited inflation and required a hike in interest rates to tamp demand down.Reuters
3 hours ago
Japanese Yen strengthens to near 157.50 on Middle East geopolitical risks
The USD/JPY pair loses ground to near 157.55 during the Asian trading hours on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as escalating US-Israel-Iran tensions boost a safe-haven demand.
Fxstreet
3 hours ago
Australia, New Zealand dollars shaken by market tremors, solid data no help
By Wayne Cole SYDNEY, March 4 (Reuters) - The Australian and New Zealand dollars were struggling to find their footing on Wednesday as the fallout from war in the Middle East roiled markets globally, while solid domestic data offered just a sliver of support.The Aussie was off 0.3% at $0.7010 AUD...Reuters
3 hours ago
Silver Price Forecast: XAG/USD rises to near $85.00 as Middle East war intensifies
Silver price (XAG/USD) recovers over 3% during the Asian hours on Wednesday, hovering around $85.20 per troy ounce after plunging more than 12% over the previous two sessions. The precious metal draws safe-haven demand as geopolitical conflict in the Middle East intensifies.
Fxstreet
4 hours ago
FOREX-Dollar firms, euro under pressure as energy prices surge
Dollar index holds gains, rising for third consecutive day Spike in energy prices prompts speculation ECB may take action, threatening carry tradesAussie dollar weakens despite GDP beatBy Gregor Stuart Hunter SINGAPORE, March 4 (Reuters) - The dollar rallied to a three-month high in early trading...Reuters
4 hours ago
New Zealand Dollar declines below 0.5900 amid mixed Chinese PMI data, Middle East tensions in focus
The NZD/USD pair attracts some sellers to near 0.5875 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after the mixed Chinese economic data.
Fxstreet
4 hours ago
EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low
The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.
Fxstreet
4 hours ago
FOREX-Dollar firms, euro under pressure as energy prices surge
By Gregor Stuart Hunter SINGAPORE, March 4 (Reuters) - The dollar rallied to a three-month high in early trading in Asia on Wednesday, with investors retreating from the euro as the growing conflict in the Middle East sparked fears of a sustained rise in energy prices.The euro EUR= traded down 0....Reuters
5 hours ago
Australia economy picks up speed in Q4, stretches supply
SYDNEY, March 4 (Reuters) - Australia's economy grew at the fastest annual pace in almost three years in the December quarter, data showed on Wednesday, a pick up that reignited inflation and required a hike in interest rates to tamp things down.Data from the Australian Bureau of Statistics show...Reuters
5 hours ago
