The AUD/JPY cross trades in positive territory around 109.95 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) as a mixed picture of the Japanese economy may soften the chance of a back-to-back rate hike from the Bank of Japan (BoJ) this month. Japanese manufacturers’ confidence hit […]
The Japanese yen has weakened beyond 158 per U.S. dollar, reversing recent gains as renewed U.S. dollar strength and higher Treasury yields put pressure on the currency. The central issue for USD/JPY remains the substantial interest-rate differential between the United States and Japan. Expectations that the Federal Reserve may need to maintain a restrictive policy […]
The Australian dollar has fallen toward $0.69, reaching an eleven-week low as a powerful combination of rising U.S. Treasury yields, reduced Reserve Bank of Australia rate expectations and persistent geopolitical risks weighs on the currency. Markets have sharply reduced expectations for another RBA rate increase in November after Australia’s August inflation data came in slightly […]
The New Zealand dollar has fallen toward $0.562, reaching its lowest level since November 2025 as broad-based U.S. dollar strength continues to dominate the currency market. The Kiwi is facing pressure from a combination of rising U.S. Treasury yields, elevated oil prices and expectations that persistent inflation could keep the Federal Reserve focused on tighter […]
EUR/JPY remains subdued for the fourth successive day, trading around 177.70 during Asian hours on Wednesday. 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 holding a bearish near-term bias as […]
USD/CHF continues its winning streak for the sixth successive trading day, trading near its 16-month high of 0.8358 during Asian hours on Wednesday. The currency pair appreciates as the US Dollar (USD) gains ground, backed by firming market expectations for additional Federal Reserve (Fed) interest rate hikes. CME FedWatch Tool data indicates that traders are […]
The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previous day. Moreover, the fundamental backdrop seems tilted in favor of bearish traders and suggests that the path of […]
The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (USD) against the British Pound (GBP). Chicago Fed President Austan Goolsbee said on Tuesday that inflation remaining above the […]
The Indonesian rupiah is trading near IDR 17,850 per U.S. dollar as Bank Indonesia reinforces its currency-stabilisation strategy while the dollar remains supported by firm US inflation expectations and a relatively hawkish Federal Reserve outlook. The rupiah is recovering in the near term, although the currency remains on course for a modest monthly decline. Bank […]
The New Zealand dollar remains under pressure near $0.566 against the US dollar, with the currency heading toward a monthly decline of more than 4%. The kiwi has been weighed down by a combination of changing Reserve Bank of New Zealand expectations, broad US dollar strength and growing concerns about the impact of elevated energy […]