Currency Talk
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Hits fresh low since July 29, around 1.1425 as USD stays firm
The EUR/USD pair remains under some selling pressure for the third straight day, touching a fresh low since July 29, around the 1.1425 region, during the Asian session on Wednesday. The US Dollar (USD) retains its bullish undertone amid the US Federal Reserve’s (Fed) hawkish outlook and geopolitical risks. The shared currency, on the other […]
by Currency Hedger
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- 1 month ago
AUD, Technical Analysis, USD
AUD/USD Price Forecast: 20-day EMA remains key barrier amid firm US Dollar
The Australian Dollar (AUD) is down 0.15% at around 0.7100 against the US Dollar (USD) during the early European trading session on Wednesday. The Aussie pair faces pressure as the US Dollar extends its advance, with Federal Reserve (Fed) board members delivering hawkish commentary on interest rates and warnings of persistent inflation risks. US Dollar […]
by Currency Hedger
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- 1 month ago
EUR, JPY, Technical Analysis
EUR/JPY Price Forecast: Tests 180.00 support near nine-day EMA
EUR/JPY extends its losses for the second successive day, trading around 180.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggesting a persistent bearish bias. The EUR/JPY cross is maintaining a mild bearish bias as it holds just above the nine-day Exponential Moving […]
by Currency Hedger
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- 1 month ago
KRW, Market Analysis, Technical Analysis
South Korean Won Strengthens Toward 1,351 as Falling Oil and Semiconductor Exports Boost Currency Outlook
The South Korean won is currently trading around 1,351 per US dollar, extending a sharp recovery as falling oil prices, powerful export growth and improving expectations for South Korea’s economic performance provide support for the currency. The won is benefiting from two important domestic and external developments. Lower crude oil prices are reducing inflation and […]
by Currency Hedger
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- 1 month ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee Holds Near 95.6 as Lower Oil and RBI Support Counter Foreign Capital Outflows
The Indian rupee is currently hovering around 95.6 per US dollar, stabilizing after three consecutive sessions of gains as softer crude oil prices and continued Reserve Bank of India support help contain currency volatility. The rupee is benefiting from a potentially more favorable energy-cost environment, while official intervention is providing additional stability as traders monitor […]
by Currency Hedger
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- 1 month ago
Currency Talk, USD
Rupiah Holds Near IDR 17,800 Ahead of BI Rate Call
The Indonesian rupiah hovered near IDR 17,800 per U.S. dollar on Wednesday, extending recent gains as traders awaited Bank Indonesia’s policy decision later today. Markets expect the central bank to leave its benchmark rate unchanged at 5.75% for a third straight month as policymakers balance currency stability against domestic growth amid heightened global macro pressures. […]
by Currency Hedger
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- 1 month ago
CNH, Technical Analysis, USD
Offshore Yuan Weakens Toward 6.70 as US Dollar Strength and Trump-Xi Summit Shape the Yuan Outlook
The offshore yuan is currently trading around 6.70 per US dollar, extending its recent decline as a firmer greenback and caution ahead of the highly anticipated Trump-Xi summit weigh on the Chinese currency. The yuan is facing pressure from two competing forces. On one side, renewed hawkish signals from Federal Reserve officials are supporting the […]
by Currency Hedger
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- 1 month ago
JPY, Market Analysis, USD
USD/JPY Price Forecast: Rises to near 158.00 near 50-day EMA
USD/JPY gains ground for the third consecutive day, trading around 157.70 during the European hours on Tuesday. The currency pair is consolidating after the recent pullback while remaining capped by the medium-term trend filter. Price is now above the nine-period Exponential Moving Average (EMA) but still below the 50-period EMA, which suggests a neutral to […]
by Currency Hedger
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- 1 month ago
EUR, Market Analysis
Euro hits fresh seven-week lows as German political uncertainty offsets risk-on mood
The Euro (EUR) is failing to draw any support from the moderate risk appetite triggered by the recent pullback in Oil prices and extends losses against the US Dollar (USD) on Tuesday, hitting fresh seven-week lows below 1.1450. The growing political uncertainty in Germany, after the defeat of Chancellor Friedrich Merz’s CDU in last weekend’s […]
by Currency Hedger
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- 1 month ago
Currency Talk, USD
Rupiah Inches Up as BI Signals FX Support
The Indonesian rupiah edged higher to near IDR 17,850 per U.S. dollar on Tuesday, snapping an eight-session losing streak after Bank Indonesia pledged intervention to ensure orderly trading. Officials said tools would include offshore and domestic NDFs, spot FX transactions, and secondary-market bond purchases. The central bank began its two-day policy meeting today, with local […]
by Currency Hedger
- 0 Comments
- 1 month ago