Currency Talk
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Downside pressure might intensify below 1.1300
The Euro (EUR) is down 0.16% at around 1.1310 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair is under pressure as the US Dollar outperforms due to surging United States (US) Treasury Yields. US Dollar Price Today The table below shows the percentage change of US Dollar […]
by Currency Hedger
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- 3 days ago
IDR, Market Analysis, USD
Rupiah Eases Amid Dollar Strength, Inflation Concerns
Indonesia’s rupiah edged lower, hovering near IDR 17,960 per U.S. dollar on Thursday, the first trading day of October, after briefly touching 17,930 in the prior session. Cautious sentiment lingered as the dollar index hit an 18-month high and U.S. Treasury yields rose to multi-year peaks, amid concerns that energy-driven inflation could keep policy tighter […]
by Currency Hedger
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- 3 days ago
AUD, Market Analysis, Technical Analysis, USD
AUD/USD Price Forecast: On verge of 78.6% Fibo breakdown near 0.6950
The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade. The antipodean outperforms even as market experts see the Reserve Bank of Australia (RBA) shifting to an extended hold after hiking its Official Cash Rate […]
by Currency Hedger
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- 3 days ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Declines to near 1.3250 as bearish bias persists below 100-day moving average
The GBP/USD pair trades in negative territory around 1.3250 during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the US Dollar (USD) amid widening monetary policy divergence between the Bank of England (BoE) and the US Federal Reserve (Fed). The US weekly Initial Jobless Claims report and the Fedspeak […]
by Currency Hedger
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- 3 days ago
CHF, Market Analysis, USD
Swiss Franc reaches fresh 16-month lows ahead of CPI data
USD/CHF continues its winning streak for the seventh consecutive trading day, reaching its fresh 16-month high of 0.8367 during Asian hours on Thursday. The currency pair appreciated as the Swiss Franc (CHF) lost ground due to sharply weakening investor sentiment in September. Traders await Swiss Consumer Price Index (CPI) data release due later in the […]
by Currency Hedger
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- 3 days ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar Slides Toward 1.43 as US Dollar Strength and Rate Differentials Pressure CAD
The Canadian dollar is under renewed pressure against the US dollar, with USD/CAD trading around the 1.42 area and recently reaching approximately 1.4200–1.4203. The move has pushed the loonie to its weakest levels since July, while the US dollar has strengthened broadly against the Canadian currency. The decline has become more pronounced over recent weeks […]
by Currency Hedger
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- 3 days ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee falls as US Treasury Yields hit fresh two-decade high near 5.3%
The Indian Rupee (INR) weakens against the US Dollar (USD) on Thursday after an upside move the previous day. The Indian currency faces selling pressure as United States (US) Treasury Yields extend their rally, supporting the USD/INR pair to move higher to near 95.93. As of writing, 10-year US Treasury yield is close to 5.31%, […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, Market Analysis, Technical Analysis, USD
Euro weakens below 1.1350 on higher US Treasury yields, Lagarde’s dovish tilt
The EUR/USD pair drifts lower to around 1.1325 during the early Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) amid an extended rise in US Treasury yields. The US weekly Initial Jobless Claims report and the Fedspeak will be the highlights later in the day. The US Personal Consumption […]
by Currency Hedger
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- 3 days ago
Market Analysis, Technical Analysis, USD
Dollar Index approaches yearly high near 101.80, US ISM PMI in focus
The US Dollar (USD) outperforms its major currency peers on Thursday. In the Asian session, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.13% higher to near 101.60. The DXY is little far from its yearly high of 101.80. US Dollar Price Today The table below shows the […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 179.00
EUR/JPY halts its four-day losing streak, trading around 179.20 during Asian hours on Thursday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair. The EUR/JPY cross is retaining a bearish near-term bias as it holds […]
by Currency Hedger
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- 3 days ago