Currency Talk
NZD, Technical Analysis, USD
New Zealand Dollar gains momentum to near 0.5900, US NFP data looms
The NZD/USD pair gathers strength to near 0.5895 during the Asian trading hours on Friday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) following Federal Reserve (Fed) Governor Christopher Waller’s remarks. Traders brace for the US August employment report later on Friday. Waller said on Thursday that he is leaning toward keeping interest rates steady at the […]
by Currency Hedger
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- 1 month ago
Institutional, JPY
Japan’s Katayama says will closely monitoring bond markets with heightened urgency
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the officials will closely monitoring bond markets with heightened urgency. Key quotes Interest rate shifts driven by multiple market factors. Closely monitoring bond markets with heightened urgency. No comment on specific levels. Will aim to gradually lower debt-to-GDP ratio. Have emphasized to global leaders our […]
by Currency Hedger
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- 1 month ago
Technical Analysis, USD
United States Dollar Index weakens as Fed’s Waller signals rate pause
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 99.00 during Asian hours on Friday. The Greenback is facing notable downward pressure following comments from Federal Reserve (Fed) Governor Christopher Waller, who indicated a preference for keeping […]
by Currency Hedger
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- 1 month ago
AUD, Technical Analysis, USD
Australian Dollar strengthens on RBA hike odds
AUD/USD extends its gains for the third successive day, trading around 0.7210 during the Asian hours on Friday. The currency pair is gaining upward momentum as the Australian Dollar (AUD) finds firm support in robust economic growth data, which has heightened expectations of an imminent interest rate hike. Australia’s economy proved surprisingly resilient in the second […]
by Currency Hedger
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- 1 month ago
CNH, USD
Chinese Yuan Hits 3-1/2-year High
The Chinese Yuan touched 6.71 against the USD, the highest since February 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.49%, and in the last 12 months, it decreased 5.75%.
by Currency Hedger
- 0 Comments
- 1 month ago
KRW, USD
South Korean Won Rises to Over 1-Year High
The South Korean won traded around 1,355 per dollar, extending gains to its strongest level since early July 2025, as easing expectations for another US rate hike weakened the dollar and lowered Treasury yields. Fed Governor Christopher Waller indicated support for keeping rates steady if inflation continues to cool, prompting markets to reduce the probability […]
by Currency Hedger
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- 1 month ago
GBP, JPY
Pound Sterling falls to one-month low against surging Japanese Yen
GBP/JPY extends its steep decline on Thursday as the Japanese Yen (JPY) strengthens sharply across the board for the second consecutive day. The cross fell 1.13% on Wednesday and is down around 1.60% at the time of writing, trading near 210.60, its lowest level in a month. Sellers are now eyeing the post-July coordinated intervention […]
by Currency Hedger
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- 1 month ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: 20-day EMA acts as key support level
The Euro (EUR) is up 0.2% to near 1.1610 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair gains as the US Dollar underperforms due to multiple headwinds, weak United States (US) ADP Employment Change data for August and the Federal Reserve (Fed) pushing back upside inflation risks. US Dollar […]
by Currency Hedger
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- 1 month ago
Currency Talk, USD
South African Rand Shows Resilience
The South African rand traded around 16.1 per USD, approaching its highest level since March, helped by a softer dollar and higher prices for key precious metals, inlcluding gold and PGMs. Developments in the Middle East continued to influence global risk sentiment, with investors assessing the implications for inflation and the path of interest rates. […]
by Currency Hedger
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- 1 month ago
EUR, JPY
Euro tumbles as Japanese Yen surges on intervention threats
EUR/JPY falls sharply on Thursday and trades around 181.40 at the time of writing, down 1.37% on the day. The Japanese Yen (JPY) strengthens significantly against the Euro (EUR), supported by renewed warnings from Japanese authorities over foreign exchange market moves. Japan’s top currency diplomat Atsushi Mimura reiterates on Thursday that authorities remain ready to act in […]
by Currency Hedger
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- 1 month ago