Currency Talk
Institutional, Market Analysis, USD
The Fed Rate Hike – What Happens Now?
The Fed rate hike: what happens now? The dust has settled on tonight’s Fed meeting and the market reaction is clear: the Fed’s signal that there could be a series of rate hikes has spooked financial markets. Bonds sold off at the short end of the Treasury curve and US stocks also fell, led by […]
by Currency Hedger
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- 1 month ago
AUD, Market Analysis, Technical Analysis, USD
Trade of The Day – AUD/USD
Facts: Recommendation: Trade: Short position on AUDUSD at market price Target: 0.7067, 0.7000 Stop: 0.7165 Opinion: AUDUSD has been trading in an upward trend recently, but the pair may be experiencing a trend reversal. Looking at the H4 interval, one can see that the price bounced off the key 0.7130 resistance area. The green area […]
by Currency Hedger
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- 1 month ago
Institutional, JPY, Market Analysis
Hawkish remarks by BOJ Governor strengthen the yen – key takeaways
Key statements by Ueda during the press conference following the BOJ’s decision to hike rates: Maintaining a hawkish stance and refusing to yield to dissent within the board were interpreted by the market as a clear signal that further rate hikes are inevitable. In response to the BOJ Governor’s remarks, the Japanese currency is trimming […]
by Currency Hedger
- 0 Comments
- 1 month ago
Hedging, JPY, Market Analysis, Technical Analysis
Chart of The Day – Yen in a Trap. BoJ Hike That Weakened the Currency
The Bank of Japan did exactly what the market expected, raising the interest rate by 25 basis points to 1.25%, the highest level since 1995. In a textbook scenario, such tightening should support the currency. Meanwhile, the yen reacted with a weakening, and the USDJPY pair dynamically returned above the 157 barrier. This is the […]
by Currency Hedger
- 0 Comments
- 1 month ago
GBP, Market Analysis, USD
British Pound languishes at seven-week lows despite bright UK Retail Sales data
The British Pound (GBP) has ticked up against the US Dollar (USD) on Friday, following an unexpected increase in UK Retail Sales. The GBP/USD pair, however, remains on its back foot, trading at 1.3370, ahead of the London session opening, on track for a 1.15% weekly decline, crushed by the diverging monetary policy decisions of the Federal […]
by Currency Hedger
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- 1 month ago
Currency Talk, Technical Analysis
Indonesian Rupiah gains ground as crude oil prices retreat
USD/IDR halts its six-day winning streak, trading around 17,780 during Asian hours on Friday. The currency pair continues to hold its losses, with the Indonesian Rupiah (IDR) drawing strength from a pullback in crude oil prices. Lower energy costs have helped ease fears of imported inflation across the region. Crude prices tumbled following reports that […]
by Currency Hedger
- 0 Comments
- 1 month ago
Currency Talk, EUR, USD
Managed FX Services for Businesses & Individuals
Foreign exchange is more than simply converting one currency into another. For businesses and individuals moving significant amounts of money internationally, the exchange rate at which a transaction is completed can materially affect the final cost of a property purchase, investment, supplier payment, salary transfer, acquisition or international business transaction. Currency Hedger provides a managed […]
by Currency Hedger
- 0 Comments
- 1 month ago
CHF, USD
Swiss Franc gains ground as easing US Yields pressures Greenback
USD/CHF extends its losses for the second successive day, trading around 0.8230 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) faced challenges from falling oil prices, which helped ease broader inflation concerns. Easing inflation concerns pulled US Treasury yields back from their recent multi-year highs, with the benchmark 10-year yield […]
by Currency Hedger
- 0 Comments
- 1 month ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Strengthens to near 1.1500, while bearish bias persists below 100-day SMA
The EUR/USD pair trades in positive territory around 1.1490 during the early European session on Friday, bolstered by a weaker US Dollar (USD). However, the potential upside of the major pair might be limited amid a hawkish interest rate hike by the Federal Reserve (Fed). Traders will take more cues from Fed Governor Michelle Bowman’s speech later on Friday. The […]
by Currency Hedger
- 0 Comments
- 1 month ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Falls Toward 157 as BOJ Raises Rates to 1.25% but Traders Demand Clearer Tightening Signals
The Japanese yen weakened toward 157 per dollar on Friday, falling to a two-week low despite the Bank of Japan raising its policy rate by 25 basis points to 1.25%. The increase was widely expected and lifted the BOJ policy rate to its highest level since 1995, but investors are now looking beyond the rate […]
by Currency Hedger
- 0 Comments
- 1 month ago