Currency Talk
EUR, Market Analysis
EUR/USD Price Forecast: Trades below 1.1400, near two-month low ahead of Trump-Xi summit
The EUR/USD pair drifts lower for the third straight day, hitting a fresh low since July 28 during the Asian session on Thursday, though it lacks follow-through. Spot prices currently trade around the 1.1380-1.1375 region, nearly unchanged for the day, as bears turn cautious ahead of a crucial meeting between US President Donald Trump and […]
by Currency Hedger
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- 1 month ago
KRW, Market Analysis, Technical Analysis
South Korean Won Slides Toward 1,370 as US Yield Surge and $103 Oil Hit Currency
The South Korean won is weakening toward 1,370 per US dollar, reversing its recent rebound as a sharp rise in US Treasury yields strengthens the dollar and higher oil prices increase concerns over Korea’s import costs. The US 10-year Treasury yield has climbed to its highest level since July 2007, while stronger-than-expected US economic data […]
by Currency Hedger
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- 1 month ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee Slides Toward 96 as Oil Surge, US Yields and Foreign Outflows Increase Pressure
The Indian rupee is trading around 95.8 per US dollar, extending its decline as higher crude oil prices, a stronger US dollar and rising US Treasury yields combine to increase pressure on the currency. The immediate challenge for the rupee is the renewed rise in energy prices. Brent crude has reclaimed the $100-per-barrel level, increasing […]
by Currency Hedger
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- 1 month ago
CNH, Market Analysis, Technical Analysis, USD
Offshore Yuan Falls Toward 6.71 as Dollar Strength and US-China Trade Uncertainty Build
The offshore yuan is weakening beyond 6.71 per US dollar, approaching a three-week low as renewed US dollar strength combines with uncertainty over the future of the US-China trade truce. The dollar is gaining support from a sharp increase in expectations for Federal Reserve tightening. Markets are now pricing approximately a 70% probability of a […]
by Currency Hedger
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- 1 month ago
AUD, Market Analysis, Technical Analysis
Australian Dollar Hits Seven-Week Low as Softer Labour Signals Challenge RBA Tightening Expectations
The Australian dollar is trading around $0.7000, close to a seven-week low, as markets reassess the Reserve Bank of Australia’s monetary-policy outlook following a mixed labour-market report. Australia’s economy added 39,500 jobs, almost twice the expected increase of 20,000, but the unemployment rate rose to 4.6%, above expectations for 4.5% and reaching its highest level […]
by Currency Hedger
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- 1 month ago
JPY, Technical Analysis
Japanese Yen Slides Toward 158 as Fed Hawkishness and Intervention Risk Collide
The Japanese yen remains under pressure around ¥158 per US dollar, trading close to a three-week low as renewed US dollar strength and rising Treasury yields widen the policy and yield gap between the United States and Japan. The latest US private-sector activity data is reinforcing expectations that the Federal Reserve may need to maintain […]
by Currency Hedger
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- 1 month ago
Market Analysis, NZD, Technical Analysis
New Zealand Dollar Remains Under Pressure as US Dollar Strength Challenges Kiwi Recovery
The New Zealand dollar remains under pressure around $0.5670, close to an eleven-week low, as broad US dollar strength continues to weigh on the kiwi. A firmer US economic backdrop and renewed expectations for higher-for-longer Federal Reserve policy are increasing the relative appeal of the US dollar, while the Reserve Bank of New Zealand faces […]
by Currency Hedger
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- 1 month ago
Market Analysis, USD
Dollar at an 8-week high
The U.S. dollar is resuming a significant upward trend today and is breaking out to new 8-week highs, as seen in the dollar index (USDIDX). The pair has reversed its previous downtrend on EUR/USD, driven by hawkish bets on future Fed policy and Trump’s surprisingly calm comments on the matter. The USDIDX is shifting its […]
by Currency Hedger
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- 1 month ago
AUD, JPY, Technical Analysis
AUD/JPY Price Forecast: Holds losses below 112.00, retaining bearish outlook beneath 100-day SMA
The AUD/JPY cross trades in negative territory around 111.95 during the early European session on Wednesday. A lack of explicitly hawkish guidance from the Bank of Japan (BoJ) after the rate hike last week exerts some selling pressure on the Japanese Yen (JPY) against the Australian Dollar (AUD). The BoJ last week decided to raise its […]
by Currency Hedger
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- 1 month ago
CHF, USD
Swiss Franc weakens as US Dollar rises on hawkish Fed sentiment
USD/CHF gains ground after four days of losses, trading around 0.8220 during Asian hours on Wednesday. The currency pair appreciates as the US Dollar (USD) gains ground on the back of a hawkish policy outlook from the Federal Reserve (Fed). Following a recent 25 basis point increase that brought the benchmark interest rate target to […]
by Currency Hedger
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- 1 month ago