Selected Currency Exchange Rates (Buy and Sell) Against PKR
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Currency Rates Pakistan Open Market (PKR)
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Dollar weakness deepens as traders await key US inflation data, while GBP/USD and EUR/USD hold strong. Get the latest forex market analysis.
The Dollar holds steady below 98.00 as traders await key US CPI data for clues on inflation and Fed policy outlook.
EUR/USD steadies near 1.1700 as traders await the ECB policy decision for guidance on the Euro’s outlook. Follow the latest forex updates.
Gold rally intensifies as Fed cut bets and USD weakness drive prices higher. Will new highs be on the horizon?
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Market Updates
Loonie Faces Bearish Outlook Amid US Tariffs and Economic Slowdown ConcernsThe USD/CAD pair…
The cryptocurrency market remains mixed, with Bitcoin (BTC) struggling to gain momentum while traditional assets like Gold and the S&P 500 reach new all-time highs. Meanwhile, Litecoin (LTC) and Binance Coin (BNB) show divergent trends, as institutional investors and whale activity impact market sentiment.
The USD/JPY pair remains under pressure below 150.50, struggling to extend its recovery during Friday’s Asian session. The Japanese Yen (JPY) finds support after Japan’s core Consumer Price Index (CPI) surged to a 19-month high in January, fueling expectations that the Bank of Japan (BoJ) may raise interest rates again this year.
Gold prices have recently soared to all-time highs, yet the path to $3,000 per ounce may not be as smooth as some investors hope. Despite the strong bullish momentum, analysts warn that short-term obstacles, including U.S. monetary policy, a strong dollar, and shifting market dynamics, could slow down gold’s upward trajectory.
Asian stock markets struggled for direction on Friday, as ongoing concerns over U.S. trade tariffs and high-interest rates kept investors on edge.