Currency Talk
CHF
Swiss Franc weakens as US Dollar strengthens on Fed rate hike bets
USD/CHF gains ground for the second successive day, trading around 0.8110 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) recovers its daily losses, driven by stronger-than-expected United States (US) employment data that fuels expectations of an imminent Federal Reserve interest rate hike. According to the US Bureau of Labor Statistics, August […]
by Currency Hedger
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- 2 months ago
EUR, Technical Analysis
EUR/USD Price Holds key 100-day SMA at start of the US CPI week
The Euro (EUR) trades marginally lower at around 1.1610 against the US Dollar (USD) during the Asian trading session on Monday. The major currency pair edges down as the US Dollar ticks up, with investors turning cautious at the start of the United States (US) Consumer Price Index (CPI) week. Investors will pay close attention to […]
by Currency Hedger
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- 2 months ago
AUD, Technical Analysis
AUD/USD Price Forecast: Consolidates around 0.7200; bullish potential seems intact
The AUD/USD pair holds steady around the 0.7200 mark at the start of a new week and remains close to its highest level since mid-May, touched on Friday. The Australian Dollar (AUD) continues to be underpinned by rising bets for a rate hike by the Reserve Bank of Australia (RBA) in September, bolstered by stronger-than-expected […]
by Currency Hedger
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- 2 months ago
CAD, Technical Analysis
The CAD moves little despite weaker US Dollar, higher oil prices
USD/CAD remains steady after registering modest gains in the previous day, trading around 1.3830 during Asian hours on Monday. However, the pair could face downside pressure as the commodity-linked Canadian Dollar (CAD) may gain support from rising crude oil prices, given Canada’s position as a leading crude exporter. West Texas Intermediate (WTI) rebounded toward $90.00 […]
by Currency Hedger
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- 2 months ago
KRW
South Korean Won Nears Two-Year High
The South Korean won traded at around 1,345 per dollar, reaching its strongest level since October 2024, as strong export earnings supported the currency. South Korea’s cumulative exports reached a record $709.4 billion so far this year, already surpassing the 2025 annual record, with semiconductor exports rising 169.6% in January-August amid strong demand for AI-related […]
by Currency Hedger
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- 2 months ago
Institutional, JPY
Japan Forex Reserves Post Record Drop
Japan’s foreign reserves fell by a record USD 79.6 billion, or 6.18%, to USD 1.208 trillion at the end of August 2026 from USD 1.287 trillion a month earlier, marking their lowest level since October 2022. The sharp drop came after Tokyo launched its largest-ever yen-buying intervention, spending ¥15.4 trillion ($98.7 billion) between July 30 […]
by Currency Hedger
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- 2 months ago
USD
Dollar Holds Steady as Fed Outlook Mulled
The dollar index held above 99 on Monday after rebounding slightly in the previous session, supported by stronger-than-expected US jobs data that reinforced expectations of a Federal Reserve interest rate hike in September. Data released Friday showed US nonfarm payrolls rose by 162,000 in August, following a revised increase of 23,000 in July and comfortably […]
by Currency Hedger
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- 2 months ago
NZD
New Zealand Dollar Edges Lower
The New Zealand dollar edged down to $0.586 on Monday after falling 0.6% last week, as the Reserve Bank of New Zealand’s cautious approach to further monetary tightening weighed on the currency. The RBNZ raised its official cash rate for a second consecutive meeting last week, but signalled that future increases would be gradual amid […]
by Currency Hedger
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- 2 months ago
AUD
Australian Dollar Holds at 4-Month Top
The Australian dollar held above $0.72, near a four-month high as growing expectations of another interest rate hike by the Reserve Bank continued to support the currency, while the US dollar remained broadly weaker. The greenback struggled to sustain the brief lift it received from a ramp-up in US rate hike bets following Friday’s blowout […]
by Currency Hedger
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- 2 months ago
JPY
Yen Holds Rally on Hawkish BOJ Bets
The Japanese yen traded around 156 per dollar on Monday after gaining more than 2% last week, supported by growing expectations that the Bank of Japan will raise interest rates this month. Takuji Aida, an economic adviser to Prime Minister Sanae Takaichi, said the central bank is likely to hike rates in September and deliver […]
by Currency Hedger
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- 2 months ago