New Zealand’s PM Luxon: Committed to continuing efforts to lower inflation and interest rates

New Zealand Prime Minister (PM) Christopher Luxon said on Monday, “our commitment is to energize the economy by continuing efforts to lower living costs, inflation, and interest rates.”

Dec 9, 2024

GBP/USD consolidates below mid-1.2700s; upside potential seems limited

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian session.

USD/INR gathers strength amid economic concerns and US Dollar demand

The Indian Rupee (INR) weakens on Monday. The weakness in the Chinese Yuan, the renewed US Dollar (USD) demand from importers and local oil companies, and concerns over slowing domestic growth could weigh on the local currency in the near term.