Today Markets Analysis: The Australian dollar steadied around $0.71, holding close to a four-week low as a stronger US dollar and rising Treasury yields continued to weigh on the currency ahead of the Federal Reserve’s policy decision. Markets widely expect the Fed to deliver a 25-basis-point rate increase, its first hike in around three years. […]
Today Markets Analysis: Bitcoin fell toward $75,000 in mid-September, approaching a more than three-week low as investors reacted to the US Senate’s failure to advance a major cryptocurrency regulation bill. The Clarity Act failed to clear a procedural vote, with the measure receiving 49 votes in favour and 50 against, below the 60 votes required […]
Today Markets Analysis: The US dollar index climbed toward 99.7 on Wednesday, approaching its highest level in a month as markets positioned ahead of the Federal Reserve’s latest policy decision. Expectations for a 25-basis-point rate hike remain firmly embedded in prices, with markets assigning roughly a 92% probability to the move. The focus is now […]
Today Markets Analysis: The Japanese yen weakened past 155 per dollar on Wednesday, extending its decline for a third consecutive session as traders positioned for an expected Federal Reserve rate hike. A stronger US dollar has increased pressure on the yen, while higher oil prices are adding another headwind by raising energy import costs for […]
Today Markets Analysis: The New Zealand dollar has weakened to around $0.574, its lowest level in more than two months, as traders position ahead of the Federal Reserve’s interest-rate decision. A widely anticipated US rate hike is supporting the dollar, while attention is shifting toward the Fed’s updated dot plot and economic projections for clues […]
Market Bias: Bearish Technical Setup EUR/GBP has rejected the 0.8585 resistance level, reinforcing the recent bearish structure. On the daily timeframe, the pair is also trading below its 100-period exponential moving average (EMA), keeping the broader technical bias tilted to the downside. The 0.8585 area represents an important technical confluence zone, with resistance aligning with […]
Today Markets Analysis: UK wage growth slowed to 3.9% year-on-year in the three months to July 2026, down from 4.2% previously and marking the softest annual increase since the three months to February. At the same time, UK employment increased by just 67,000, its smallest gain in five months. The combination of moderating pay growth […]
Today Markets Analysis: USD/CAD has extended its winning streak for a fifth consecutive session, trading around 1.3910 as the US Dollar continues to strengthen against the Canadian Dollar. The pair is now testing the important 1.3914 area, where the 50-day EMA could determine whether the current recovery develops into a more sustained bullish move. While […]
Today Markets Analysis: USD/JPY is holding around 154.80 as the US Dollar remains supported by elevated US Treasury yields and safe-haven demand, while traders await this week’s Federal Reserve and Bank of Japan policy decisions. The pair remains caught between two competing forces: resilient US Dollar demand on one side and growing expectations of further […]
Today Markets Analysis: The South Korean won weakened to around KRW 1,353 per US dollar, retreating from a near two-year high as expectations for tighter Federal Reserve policy strengthened. A firmer dollar, elevated US Treasury yields and surging oil prices are creating a difficult combination for a currency heavily exposed to energy import costs. Fed […]