Today Markets Analysis: The Indian rupee has fallen to around 95.80 per US dollar, hovering near a seven-week low as surging oil prices, rising US Treasury yields and expectations of tighter Federal Reserve policy combine to pressure India’s currency. The move highlights a difficult combination for India: higher energy costs are increasing inflation pressure at […]
Today Markets Analysis: The New Zealand dollar has fallen to around $0.576, its lowest level in two months, as broad US dollar strength and renewed concerns over the New Zealand economy put pressure on the kiwi. The decline comes as markets position for a potential Federal Reserve rate hike this week, widening the interest-rate advantage […]
Today Markets Analysis: The offshore yuan remained under pressure around 6.71 per dollar on Tuesday, pulling back from its recent more than three-year high as a mixed set of Chinese economic indicators highlighted the uneven nature of the country’s recovery. The latest data point to a growing divergence between stronger industrial activity and weaker domestic […]
The US dollar extends its winning streak to five sessions as traders prepare for a pivotal Federal Reserve decision, with rising oil prices adding fresh pressure to the inflation outlook. The US dollar continued to strengthen on Tuesday, with the Dollar Index moving above 99.5 and recording its fifth consecutive session of gains. The latest […]
Currency Hedger Analysis: AUD/JPY is holding near 110.10 in early European trading, but the broader technical structure remains bearish as the cross trades below its 100-day moving average. Expectations of further Bank of Japan tightening are providing additional support for the Japanese yen, while an oversold RSI leaves room for a temporary AUD/JPY rebound. The […]
Currency Hedger Analysis: EUR/USD fell to around 1.16, its lowest level since August, extending recent losses as the euro came under pressure against a firmer US dollar. The pair has now declined approximately 0.12% over the past four weeks and is down 1.67% over the past 12 months, reflecting a broader period of dollar strength […]
Currency Hedger Analysis: EUR/JPY is attempting to stabilise after rebounding from the lower boundary of its descending channel, with the cross trading around 178.30–178.50. Although the broader technical structure remains bearish, deeply oversold momentum suggests that downside pressure could temporarily ease if buyers defend the 177.70 support area. The rebound comes as traders assess the […]
Currency Hedger Analysis: GBP/USD is consolidating above the 1.3500 psychological level as traders prepare for a week dominated by UK inflation and labour-market data, alongside monetary-policy decisions from the Federal Reserve and Bank of England. The pound retains some support from stronger-than-expected UK growth, but rising US rate-hike expectations and renewed Middle East tensions are […]
Currency Hedger Analysis: The Canadian dollar is finding renewed support as crude oil prices approach four-month highs, reinforcing one of the currency’s most important fundamental relationships. USD/CAD has retreated toward 1.3870 after three consecutive sessions of gains, with higher energy prices providing a tailwind for the commodity-linked CAD. However, the Canadian dollar faces an important […]
Currency Hedger Analysis: The Japanese yen eased toward ¥154 per US dollar on Monday but remained close to its strongest level since February, as markets increasingly price a more aggressive tightening path from the Bank of Japan. The combination of higher Japanese interest-rate expectations, carry-trade unwinding and potential repatriation flows is creating a significantly more […]