The Euro (EUR) is marginally higher at around 1.1208 against the US Dollar (USD) during the Asian trading session on Monday. The major currency pair gets slight relief from the announcement of an energy ceasefire between Russia and Ukraine, which has put some pressure on oil prices. Over the weekend, US President Donald Trump announced […]
The AUD/JPY cross trades in negative territory around 110.50 during the early European trading hours on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), with trading activity expected to remain subdued due to a national holiday in Japan. Traders remain on high alert for currency intervention from Japanese authorities to proop up […]
USD/JPY depreciates after registering modest gains in the previous trading day, hovering around 158.10 during Asian hours on Monday. The pair may see limited movement due to thin trading conditions as Japanese markets are closed for the Sports Day public holiday. Ahead of the Bank of Japan (BoJ) October 29–30 meeting, policymakers will review additional […]
The USD/CAD pair struggles to capitalize on a modest gap-up open at the start of a new week, retreating back to mid-1.4200s during the Asian session. However, a combination of diverging forces warrants some caution before positioning for an extension of Friday’s pullback from the 1.4300 neighborhood, or its highest level since April 2025. The […]
EUR/JPY gains ground for the third successive day, trading around 177.40 during Asian hours on Monday. Liquidity would be thin, although it is the best opportunity for ‘Yentervention’. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Chinese yuan has strengthened to around 6.69 against the US dollar, reaching its highest level since July 2022 as the dollar-yuan exchange rate extends its decline. USD/CNY has fallen 0.27% over the past four weeks and 6.26% over the past 12 months, indicating a […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The New Zealand dollar is trading near $0.560 against the US dollar, hovering close to its weakest level since November 2025 as a fragile domestic recovery, unfavourable interest-rate differentials and geopolitical uncertainty weigh on sentiment. Although the Reserve Bank of New Zealand (RBNZ) has raised […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Indian rupee has strengthened to around 95.82 per US dollar, recovering from near-record lows after the Reserve Bank of India (RBI) introduced new measures designed to ease depreciation pressures. The central bank’s intervention targets a major source of dollar demand from state-owned oil companies, […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The South Korean won is trading around 1,333 per US dollar, reaching its strongest level since October 2024 as record export performance, robust semiconductor shipments and a trade surplus strengthen the currency’s outlook. South Korea’s technology-driven export growth is providing a solid fundamental foundation for […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Mexican Peso Outlook: Monetary Easing and the US Rate Differential in Focus The Mexican peso faces renewed downside pressure as expectations of further interest-rate cuts by the Bank of Mexico (Banxico) weigh on its yield advantage over the US dollar. Trading near 18.44 per US […]