Currency Talk
GBP, Technical Analysis, USD
GBP softens to near 1.3550 on geopolitical tensions, hawkish Fed bets
The GBP/USD pair trades with mild losses around 1.3550 during the early Asian trading hours on Tuesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid ongoing Middle East tensions and Federal Reserve (Fed) Chair Kevin Warsh’s hawkish remarks at the Jackson Hole symposium. US President Donald Trump on Monday threatened to forcefully strike Iran after the […]
by Currency Hedger
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- 1 month ago
AUD, Technical Analysis, USD
Australian Dollar holds gains following stronger Chinese PMI data
AUD/USD gains ground for the second consecutive day, trading around 0.7170 during the Asian hours on Tuesday. The pair appreciates as the Australian Dollar (AUD) remains stronger following the release of China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI), which climbed to 51.5 in August from 50.9 in July. The market forecast was for a 50.9 […]
by Currency Hedger
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- 1 month ago
Institutional, JPY
Japan’s Katayama: Confirmed with Bessent that continued, coordinated action on FX is needed
Japanese Finance Minister (FM) Satsuki Katayama said Tuesday that he confirmed with US Treasury Secretary Scott Bessent that continued, coordinated action on FX is needed. Additional quotes Shared understanding with Bessent on the significance of joint FX intervention. Can’t comment on FX rates when asked if current Yen rates are in order. Hard to say […]
by Currency Hedger
- 0 Comments
- 1 month ago
NZD, Technical Analysis, USD
New Zealand Dollar remains subdued despite stronger Chinese PMI data
NZD/USD depreciates after posting minor gains in the previous day, trading around 0.5910 during the Asian hours on Tuesday. The pair loses ground as the New Zealand Dollar (NZD) holds losses after China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) climbed to 51.5 in August from 50.9 in July. The market forecast was 50.9. China and […]
by Currency Hedger
- 0 Comments
- 1 month ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Gains ground to near 1.1600, bullish vibe prevails above 100-day SMA
The EUR/USD pair trades in positive territory around 1.1590 during the early European trading hours on Monday. However, the potential upside for the major pair might be limited as traders ramped up bets on a rate hike after hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh. Fed Chairman said on Friday at the Jackson Hole economic […]
by Currency Hedger
- 0 Comments
- 1 month ago
JPY, Technical Analysis, USD
USD/JPY Price Retreats from one-month top as bullish bias remains below 160.00
The USD/JPY pair retreats from the 160.20 area, or a one-month high retested earlier this Monday, and, for now, seems to have snapped a five-day winning streak. Spot prices slide to the 159.80-159.75 region during the Asian session, though the downside potential seems limited. A modest US Dollar (USD) downtick is seen as a key […]
by Currency Hedger
- 0 Comments
- 1 month ago
AUD, USD
AUD/USD Price Forecast: Holds above 0.7150 on soft USD; Fed/Iran risks curb upside
The AUD/USD pair attracts some buyers in the vicinity of mid-0.7100s at the start of a new week, stalling Friday’s retracement slide from its highest level since mid-May. Spot prices, however, lack bullish conviction and remain below the 0.7200 mark through the Asian session. The US Dollar (USD) trades with a mild negative bias below […]
by Currency Hedger
- 0 Comments
- 1 month ago
AUD, JPY, Technical Analysis
AUD/JPY Price Declines to near 114.50, but maintains bullish tone above 100-day SMA
The AUD/JPY cross trades in negative territory around 114.50 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as Japan’s annual core Consumer Price Index (CPI) inflation in Tokyo rose for a third consecutive month in August, reinforcing expectations that the Bank of Japan (BOJ) could raise interest rates as […]
by Currency Hedger
- 0 Comments
- 1 month ago
CHF, USD
Swiss Franc gains as US Dollar weakens despite Fed Chair Warsh’s hawkish remarks
USD/CHF holds losses after registering modest gains in the previous day, trading around 0.8090 during the Asian hours on Monday. The currency pair edges lower as the US Dollar (USD) weakens following comments from Goldman Sachs chief economist Jan Hatzius. Hatzius reiterated his expectation that the Federal Reserve (Fed) will hold interest rates steady in September. He argued that […]
by Currency Hedger
- 0 Comments
- 1 month ago
Currency Talk, USD
Rupiah Steady as Destry Confirmed as New BI Governor
The Indonesian rupiah hovered around IDR 17,750 per U.S. dollar on Monday, stabilising after recent weakness as the dollar index held near a two-week high following hawkish remarks from Fed Chair Kevin Warsh. His comments lifted expectations for a September rate hike, with odds priced near 57%. Domestically, House Commission XI approved Destry Damayanti as […]
by Currency Hedger
- 0 Comments
- 1 month ago