Currency Talk
Market Analysis, Technical Analysis, USD
Why is the US Dollar rising despite October Fed hike odds fading?
The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve’s (Fed) rate path. However, as expectations for an October rate hike diminish following softer inflation and payrolls data, the fundamental drivers behind the Greenback’s momentum are coming under […]
by Currency Hedger
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- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Trade of the day: GBPUSD
Facts: Recommendation: GBPUSD (D1) Source: xStation5 OPINION : The price is currently near the lower boundaries of two technical formations: a consolidation channel between approximately 1.385 and 1.302, and a narrowing ascending triangle. Looking at the regression line and the RSI indicator, the current setup creates favorable conditions for an upward correction toward approximately 1.385. […]
by Currency Hedger
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- 3 weeks ago
EUR, Fx Pairs, Market Analysis, Technical Analysis, USD
Chart of the Day: EUR/USD at Lowest Since May 2025 Amid French Fiscal Crisis
Key takeaways The euro is experiencing its worst day in weeks. The EURUSD pair fell to 1.1161, its lowest level since May 2025, following a fourth consecutive week of declines. The reason this time is not Fed policy, but a growing crisis of confidence surrounding French public finances, which is increasingly reminding investors of the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Euro weakens against British Pound amid French fiscal concerns
The EUR/GBP cross attracts some sellers to around 0.8475 during the early European trading hours on Monday. The Euro (EUR) softens against the British Pound (GBP) as fiscal concerns in France in the wake of a steep bond market rout stoke contagion fears in the Eurozone. The turmoil in the bond market and the EUR’s […]
by Currency Hedger
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- 3 weeks ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Declines below 110.00, technical bias stays bearish
The AUD/JPY cross trades in negative territory around 109.70 during the early European session on Monday. The Australian Dolllar (AUD) softens against the Japanese Yen (JPY) as bets of the Reserve Bank of Australia (RBA) raising interest rates in November have fallen sharply after the latest Consumer Price Index (CPI) came in line with expectations. […]
by Currency Hedger
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- 3 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests ascending channel lower boundary near 176.50
EUR/JPY continues its losing streak for the seventh consecutive day, trading around 176.70 during Asian hours on Monday. Technical analysis of the daily chart shows that the currency cross is testing the lower boundary of the descending channel, suggesting the price could either hold support and trigger a temporary bounce toward the channel’s upper limits, […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
Breaking – EUR/USD Slides Below 1.1200 as French Debt Concerns Drive Euro Selling
The euro is under renewed pressure against the US dollar, with EUR/USD breaking below 1.1200 and falling to its lowest level since May 2025. The sharp decline reflects a combination of growing concerns over France’s fiscal position, political uncertainty across the euro area and renewed demand for the US dollar. The euro is being weighed […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CHF, Market Analysis, USD
Swiss Franc weakens as safe-haven demand lifts US Dollar
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The pair is currently appreciating due to a strengthening US Dollar (USD) amid rising safe-haven demand, which could be attributed to deteriorating geopolitical conditions in the Middle East. Saudi-backed forces in Yemen launched a major offensive to reclaim territory […]
by Currency Hedger
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- 3 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Strengthens as Record Exports Drive Dollar Inflows
The South Korean won is trading around 1,345 per dollar, approaching its strongest level since October 2024 as record exports and a historically large trade surplus generate substantial foreign-currency inflows. The strength of Korea’s external sector is being led by an exceptional performance from the semiconductor industry. September exports surged 83.5% year-on-year to a record […]
by Currency Hedger
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- 3 weeks ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee Stabilises as Lower Oil Prices and Fed Expectations Offer Relief
The Indian rupee is stabilising around 96.2 per US dollar after reaching a two-month low, with softer oil prices and reduced expectations for a Federal Reserve rate hike providing some relief. Lower crude prices are particularly important for India because cheaper energy reduces pressure on the country’s import bill and can improve the external balance. […]
by Currency Hedger
- 0 Comments
- 3 weeks ago