Currency Talk
INR, Market Analysis, Technical Analysis
Indian Rupee extends winning streak for third trading day on Wednesday
The Indian Rupee (INR) extends the rally against the US Dollar (USD) for the third trading day on Wednesday, driven by fresh Reserve Bank of India’s (RBI) measures to curb the US Dollar’s (USD) demand. In the opening trade, the USD/INR pair is down 0.35% to slightly below 95.00, the lowest level seen in over […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Forecast: Currency Strength Nears Two-Year High as Chip Exports Support KRW
The South Korean won trades around 1,337 per US dollar, approaching a recent two-year high as broad US dollar weakness and strong semiconductor export revenues support the currency. Continued conversion of overseas earnings into won is helping reinforce demand for the South Korean currency, while markets await fresh US inflation data for clues about the […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Gains ground below 177.50, but stays bearish below 100-day SMA
The EUR/JPY cross trades in positive territory around 177.30 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) on a cautious Bank of Japan (BoJ) rate outlook. Traders will closely monitor the speech by European Central Bank (ECB) President Christine Lagarde later in the day. Bloomberg […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Fx Pairs, GBP, Hedging, Market Analysis, Technical Analysis
GBP/USD Price Forecast: Hits one-week top as bulls eye range breakout above 1.3300
The GBP/USD pair attracts some follow-through buying for the second straight day, advancing to a one-week high during the Asian session on Wednesday amid the ongoing US Dollar (USD) corrective slide. Spot prices currently trade around the 1.3275 region, up 0.15% for the day, as the focus remains glued to the release of the latest […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD) during the Asian trade on Wednesday. The major currency pair attracts bids due to the correction in the US Dollar amid the pause in United States (US) Treasury Yields’ rally remaining intact ahead of the Consumer Price Index […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
CNH, Market Analysis, Technical Analysis
Offshore Yuan Outlook: Record Chinese Exports Support the Renminbi Near Multi-Year Highs
The offshore yuan is trading near 6.69 per US dollar, approaching its strongest level since July 2022 as robust external demand and record Chinese trade figures support the currency. China’s trade surplus widened sharply in September 2026, with exports and imports both reaching record levels, highlighting the scale of activity across the country’s external economy. […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of the United States (US) Consumer Price Index (CPI) data at 12:30 GMT. In the Asian trade, the USD/CAD pair is marginally down to near 1.4200, as the US Dollar extends its decline. As of writing, the US Dollar Index […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Market Analysis, Technical Analysis, USD
United States Dollar Index weakens to near 102.00 ahead of US CPI release
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.15 in the Asian trading hours on Wednesday. The DXY declines following remarks from New York Federal Reserve (Fed) President John Williams. New York Fed President said on Tuesday […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
GBP, Market Analysis, Technical Analysis
British Pound strengthens above 1.3250, traders await US CPI inflation data
The GBP/USD pair gathers strength to around 1.3260 during the early Asian trading hours on Wednesday. Dovish signals from New York Federal Reserve (Fed) President John Williams weigh on the US Dollar (USD) against the British Pound (GBP). All eyes will be on the US September Consumer Price Index (CPI) inflation data later on Wednesday. […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar clings to gains near 0.5620 vs USD after China’s inflation data
The NZD/USD pair gains some positive traction for the second day on Wednesday, building on the overnight bounce from the 0.5580 support zone, or the lowest level since April 2025. Spot prices touch a fresh weekly top, around the 0.5620-0.5625 region, during the Asian session amid subdued US Dollar (USD) demand and move little following […]
by Currency Hedger
- 0 Comments
- 2 weeks ago