Currency Talk
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Strengthens Toward 2024 High as Semiconductor Exports Drive Dollar Selling
The South Korean won is trading around 1,338 per dollar, approaching its strongest level since October 2024 as persistent dollar selling from semiconductor exporters strengthens demand for the Korean currency. Thin holiday liquidity is amplifying the impact of corporate dollar flows, allowing the exchange rate to move toward the mid-to-high 1,330s. The won is also […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: More downside likely below 1.1160
The Euro (EUR) is down 0.18% to near 1.1238 against the US Dollar (USD) during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar regains ground after a corrective move the previous day. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against […]
by Currency Hedger
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- 3 weeks ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar edges lower on reviving USD demand; recovering oil prices limit losses
The USD/CAD pair edges higher during the Asian session on Wednesday, stalling the previous day’s retracement slide from the vicinity of its highest level since April 2025, touched at the start of this week. Spot prices, however, lack bullish conviction and currently trade just above the 1.4200 mark, up only 0.05% for the day, amid […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
Euro weakens below 1.1250 on France’s debt fears
The EUR/USD pair remains on the defensive near 1.1250 during the early Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of France’s debt crisis. The Minutes of the Federal Open Market Committee (FOMC) will be in the spotlight later on Wednesday. France’s Finance Minister said the government […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis, USD
British Pound weakens as US Dollar advances ahead of FOMC Meeting Minutes
GBP/USD loses ground after registering modest gains in the previous day, trading around 1.3250 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground, driven by rising oil prices that could revive inflation concerns and expectations for further Federal Reserve (Fed) rate hikes. Traders await the Federal Open Market Committee […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar resumes decline against US Dollar ahead of FOMC minutes
The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609. The Kiwi pair falls back as the US Dollar rebounds strongly after a sharp correction on Tuesday. The […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Remains Under Pressure as US-Japan Yield Gap Supports the Dollar
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Consolidates Near 0.70 as RBA and Fed Outlooks Drive the Next Move
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming central-bank signals from both the Federal Reserve and Reserve Bank of Australia. The Aussie continues to benefit from broad US dollar weakness, particularly against the euro as pressure in European bond markets has eased. However, […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Fx Pairs, GBP, Market Analysis, Technical Analysis, USD
British Pound bounces off 1.3200 amid modest USD pullback; lacks bullish conviction
The GBP/USD pair attracts some dip-buyers near the 1.3200 mark on Tuesday and hits a fresh daily high during the first half of the European session. Spot prices, however, remain confined in a familiar range held over the past two weeks or so and currently trade around the 1.3240 region, up less than 0.10% for […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, Hedging, Market Analysis, Technical Analysis, USD
Chart of The Day – EUR/USD Drops to May 2025 Levels as German Industrial Production Slide
German industrial orders fell by 10.6% month-on-month in August, compared with analysts’ expectations for a 1% decline and a 2.5% increase in July. EUR/USD has resumed its decline and is trading at its lowest level since May 19, 2025 following the release, which raises serious questions about the outlook for the eurozone’s largest economy. The […]
by Currency Hedger
- 0 Comments
- 3 weeks ago