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FX Desk

Indian Rupee rebounds as oil price rally hits pause

The Indian Rupee (INR) opens higher against the US Dollar on Tuesday. The USD/INR pair corrects to near 96.34 from its two-month high of 96.76 posted on Monday, as fresh hopes of de-escalation in mili…

Oil: Escalation risks and Dollar support – OCBC

OCBC’s Sim Moh Siong and Christopher Wong highlight rising geopolitical risks around Middle East supply routes, warning that a deeper conflict could push Oil back above USD100/bbl and revive volatilit…

Swiss Franc weakens as safe-haven demand lifts US Dollar

USD/CHF extends its gains for the second successive day, trading around 0.8110 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) receives support from rising safe-haven de…

Airbus CEO says H1 deliveries consistent with annual goal

FARNBOROUGH, England, July 21 (Reuters) - Airbus is on track towards its full-year target of 870 deliveries after a 15% increase in the first half of the year as engine supplies stabilised, CEO Guilla…