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India’s forex kitty drops by $11.41 billion to $698.346 billion
economictimes_indiatimes9d ago

India’s forex kitty drops by $11.41 billion to $698.346 billion

India's foreign exchange reserves saw a significant drop of over USD 11 billion. This decline occurred in the week ending March 20. The main reason for this fall was a sharp decrease in the value of gold holdings. Despite this, foreign currency assets, a major component, saw an increase. Overall reserves now stand at USD 698.34 billion.

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Rupee tanks 86 paise to settle at fresh all-time low of 94.82 vs US dollar
business-standard9d ago

Rupee tanks 86 paise to settle at fresh all-time low of 94.82 vs US dollar

The rupee tanked 86 paise to close at yet another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by elevated oil prices and a stronger greenback amid uncertainties over the West Asia conflict. A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 94.18 and breached the 94.50-mark for the first time before closing at 94.82 (provisional) against the US dollar, down 86 paise from its previous close. The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent higher at 100. Brent crude, the global oil benchmark, was trading at USD 109.8 per barrel, up 0.53 per

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EUR/USD Analysis: The Critical 1.1500 Level Holds as Market Fear Intensifies
bitcoinworld9d ago

EUR/USD Analysis: The Critical 1.1500 Level Holds as Market Fear Intensifies

BitcoinWorld EUR/USD Analysis: The Critical 1.1500 Level Holds as Market Fear Intensifies LONDON, March 2025 – The EUR/USD currency pair continues to trade under significant pressure, hovering precariously near the psychologically important 1.1500 handle. This persistent weakness reflects a deep-seated risk aversion that has gripped global financial markets. Consequently, traders are seeking refuge in traditional safe-haven assets, thereby applying sustained downward pressure on the Euro. Market analysts [...] This post EUR/USD Analysis: The Critical 1.1500 Level Holds as Market Fear Intensifies first appeared on BitcoinWorld .

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Gold's fragile recovery amid Hormuz tensions
in_tradingview9d ago

Gold's fragile recovery amid Hormuz tensions

Gold Holds a Fragile Recovery as Hormuz Risk Keeps Safe-Haven Demand Alive XAUUSD is stabilizing above support, but the market is still trading inside a fragile structure. Gold is trying to recover after the recent pressure wave, with price now holding above the 4,369–4,341 support region. The rebound is not random. It is forming while markets continue to monitor rising geopolitical sensitivity around the Strait of Hormuz, after the UAE pushed efforts to organize a multinational naval force to escort vessels through one of the world’s most critical energy routes. That matters for gold. The Strait of Hormuz carries a major share of global energy flows. Any sign of military friction, shipping disruption, or escalation between regional powers and Iran immediately raises the risk of higher oil prices, tighter supply conditions, and renewed inflation pressure. That kind of backdrop tends to support safe-haven interest in gold, at least from a defensive positioning perspective. But the market is not fully one-directional here. Geopolitical fear can support gold, yet it can also keep the dollar firm if investors move into broader risk-off positioning. That is why gold is reacting higher from support, but not yet breaking cleanly into a stronger bullish expansion. The chart is showing support, but it is not showing full control from buyers yet. Technical Structure From a technical perspective, gold is attempting to base above the buy-side liquidity zone near 4,322, while the deeper structural floor remains lower around 4,114. The current rebound suggests buyers are still active at support, but price remains beneath the more important recovery ceiling. The chart gives a clear short-term map: 4,341 is the first support keeping the rebound intact 4,322 is the key liquidity support zone holding the structure together 4,581 is the main recovery target if buyers keep control 4,114 remains the deeper downside level if support fails This means gold is currently trading in a recovery attempt, but inside a market that still needs confirmation. Buyers are defending value, yet they still need to reclaim higher levels before the structure can be treated as properly constructive. Key Price Zones Immediate Support: 4,341 This is the first level protecting short-term stability. As long as price remains above it, the rebound remains technically alive. Buy-Side Liquidity Zone: 4,322 This is the key support area on the chart. If gold dips into this region and holds, buyers may use it as the platform for another upside rotation. Recovery Target: 4,581 This is the main upside level to watch. If the market continues to build above current support, this is the zone where the next real test begins. Deeper Support: 4,114 If the 4,322 base fails decisively, this becomes the next major downside destination and the area where stronger demand may need to step in. Market Scenarios Scenario 1 – Hold 4,341 / 4,322 and Rebound Towards 4,581 This is the constructive scenario. If buyers continue defending the current support structure, gold may extend the recovery higher and push into 4,581. That would suggest the market is responding to rising geopolitical risk with stronger safe-haven positioning, while also respecting the liquidity support shown on the chart. Scenario 2 – Sweep 4,322 First, Then Recover This is a very realistic path. The market may still dip into the 4,322 liquidity zone before finding stronger footing. If that support holds and price rejects lower levels properly, the recovery scenario remains valid and the upside path back towards 4,581 stays open. Scenario 3 – Lose 4,322 and Expose 4,114 This is the bearish risk. If support breaks with clear downside acceptance, the current rebound loses credibility and gold may rotate lower into the 4,114 zone. That would suggest the market is not yet ready to convert geopolitical tension into a stronger sustained bid. Market Insight What makes this setup interesting is the balance between macro tension and technical fragility. The Hormuz situation is clearly supportive for defensive assets in principle. Any escalation that threatens energy flows can quickly reprice inflation risk and global supply expectations. That should keep gold supported at lower levels. But until the market sees broader confirmation that safe-haven demand is strong enough to overpower resistance, rebounds will still need to be respected level by level. From my perspective, 4,322 is the line that matters most for buyers, while 4,581 is the level that decides whether this recovery has real strength behind it. For now, the message is clear: gold is finding support from both liquidity structure and geopolitical tension, but the market still needs to prove it can turn that support into a stronger recovery.

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Five best forex brokers for UK beginners starting with under £200 in 2026
londonlovesbusiness9d ago

Five best forex brokers for UK beginners starting with under £200 in 2026

Forex trading is widely accessible in the UK, with many regulated platforms allowing beginners to start with relatively small deposits. This guide, will look at five leading forex brokers for... The post Five best forex brokers for UK beginners starting with under £200 in 2026 appeared first on London Business News | Londonlovesbusiness.com .

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Trade With USD Strength/Weakness
in_tradingview9d ago

Trade With USD Strength/Weakness

💵 Trading With USD Strength & Weakness (Simple Explanation) The USD (U.S. Dollar) is the boss currency of the world. When USD becomes strong or weak, almost every global market reacts. So traders use USD movement as a signal to decide market direction. ⭐ What Is USD Strength? USD is strong when: USD goes up compared to other currencies DXY (Dollar Index) rises Global investors move money to the U.S. Safe-haven demand is high Meaning: Investors feel safer keeping money in USD. ⭐ What Is USD Weakness? USD is weak when: USD falls compared to other currencies DXY goes down Investors move money into risky assets Global markets prefer growth over safety Meaning: Money flows out of USD into other markets. ⭐ Why Does USD Movement Matter for Traders? Because USD strength/weakness controls: Stock markets Commodity markets Forex pairs Gold / Oil Emerging markets (like India) USD is like the “remote control” of global money flow. ⭐ How USD Strength/Weakness Affects Markets 1️⃣ USD Strong → Risk-Off Mood Global markets fall FII selling increases Crude oil drops Gold drops Indian rupee weakens (USDINR rises) Traders Bias: Bearish setups work better. 2️⃣ USD Weak → Risk-On Mood Stock markets rise FII buying increases Commodities rise Gold rises Rupee strengthens (USDINR falls) Traders Bias: Bullish setups work better. ⭐ Simple Trading Rules Based on USD ✔ When USD is Strong → Sell Side Better Short index at resistance Short high-Beta stocks Avoid aggressive buying Avoid breakouts (they may fail) ✔ When USD is Weak → Buy Side Better Buy dips Take breakout trades Hold swing positions Trade high momentum stocks ⭐ Impact on Indian Market USD Strong → Nifty weak Bank Nifty weak FII outflow Metals fall IT sector benefits (export earnings increase) USD Weak → Nifty strong Bank Nifty strong FII inflow Metals rally IT underperforms ⭐ How to Check USD Strength (Easy) You only need to track: 1️⃣ DXY — Dollar Index If DXY ↑ → USD strong If DXY ↓ → USD weak 2️⃣ USDINR Chart If USDINR rising → Rupee weak → USD strong If USDINR falling → Rupee strong → USD weak ⭐ Quick Strategy (Very Simple) 📌 If DXY > 103 and rising → Stay bearish in Nifty / Bank Nifty. 📌 If DXY < 102 and falling → Stay bullish in Nifty / Bank Nifty. ⭐ In One Simple Line: USD strong = markets weak. USD weak = markets strong. Trading becomes easier when you follow USD movement.

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cde_news9d ago

NASA Sets Artemis II Moon Mission Launch Window for April 1

NASA has officially announced April 1, 2026, as the latest possible launch date for its Artemis II mission, marking a key milestone in the agency’s return to the Moon. The crewed mission, which will include three NASA astronauts and Canadian Space Agency (CSA) astronaut Jeremy Hansen, will orbit the Moon and return to Earth over [...]

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