The Indian rupee has strengthened to around 94.9 per US dollar, reaching a four-week high as falling US Treasury yields and reduced expectations of further Federal Reserve rate increases provide relief. Aggressive intervention by the Reserve Bank of India (RBI), including dollar sales and measures aimed at curbing speculative trading, has also supported the currency. […]
The Indonesian rupiah is showing signs of stabilisation after briefly weakening towards IDR 17,970 per US dollar before recovering to around IDR 17,930. Bank Indonesia has reaffirmed its commitment to supporting the currency through foreign exchange interventions, while Indonesia’s growth outlook has received a modest upgrade from the IMF. However, persistent inflation, a firm US […]
The Taiwanese dollar is facing renewed downside pressure, trading beyond NT$32.3 per US dollar and reaching its weakest level since early August. A sharp selloff in global semiconductor stocks, falling regional equity markets and sustained foreign investor outflows are weighing on sentiment towards Taiwan’s currency. Looking ahead, the direction of the Taiwanese dollar will depend […]
The US dollar is weakening after retreating from recent 18-month highs, with investors reassessing the Federal Reserve’s policy outlook following stronger-than-expected inflation data. The US Dollar Index has slipped towards 102, as markets weigh the possibility that persistent price pressures could delay monetary easing or keep interest rates elevated for longer. September headline inflation accelerated […]
The New Zealand dollar has edged higher to around $0.561 after falling to $0.556, its weakest level since April 2025. The modest recovery comes as the US dollar remains supported by stronger-than-expected US inflation data and expectations that the Federal Reserve may tighten monetary policy further. For the kiwi, the outlook remains challenging as interest-rate […]
The Australian dollar has fallen below US$0.70 as weaker-than-expected employment data prompts markets to reassess the Reserve Bank of Australia’s (RBA) interest-rate outlook. September employment fell sharply, while unemployment rose above expectations, suggesting the labour market may be losing momentum. Attention now turns to quarterly inflation data, which could determine whether further monetary tightening remains […]
Looking at Inflation: Will September’s Figures Bring the Fed Closer to Another Rate Hike? Today at 2:30 p.m., we’ll see the September CPI report from the U.S., one of the last key releases ahead of the Fed’s October 27–28 meeting. The consensus forecast calls for a marked acceleration in the core inflation measure to 0.6% […]
EUR/USD is in focus today ahead of the US CPI release scheduled for 14:30 Polish time. The market expects inflation to accelerate to 3.6% y/y from 3.4% previously and to 0.6% m/m from 0.4% previously . Higher gasoline prices may push up the September headline reading, although underlying inflationary pressures excluding food and energy are […]
The Indonesian rupiah trades near IDR 17,890 per US dollar, edging higher as Bank Indonesia continues to support the currency through intervention in domestic and offshore foreign exchange markets. However, the rupiah remains vulnerable to a broadly firm US dollar, tighter global financing conditions and shifts in foreign investor sentiment. Attention is turning to the […]
The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes. The EUR/GBP pair has reached a fresh 16-month low at 0.8442 and shows a 1.92% decline in less than three […]