The NZD/USD pair declines to near 0.5545 during the Asian trading hours on Friday. Growing bets of a larger Federal Reserve (Fed) rate hike in December provide some support to the US Dollar (USD) and act as a headwind for the pair. Traders will keep an eye on the US October Producer Price Index (PPI) […]
USD/CAD moves little after two days of gains, trading around 1.4250 during Asian hours on Friday. However, the pair may appreciate as the US Dollar (USD) could receive support from persistent inflation concerns and expectations of higher interest rates. Traders will take more cues from the US October Producer Price Index (PPI) report later on […]
The Japanese yen remained under significant pressure on Friday, trading near the psychologically important 160-per-dollar level after sustained selling throughout the week. The decline has prompted fresh warnings from Japanese authorities, who have indicated that intervention remains an option if currency movements become excessive or disorderly. The latest comments highlight growing concern among policymakers about […]
The US dollar index remained above 103 on Friday, extending a rally that has taken the currency to its highest level since April 2025. The dollar has gained for three consecutive sessions as stronger-than-expected US inflation data and increasingly hawkish Federal Reserve commentary have reinforced expectations of further monetary tightening. The shift in interest-rate expectations […]
The USD/CAD pair gains momentum to around 1.4260 during the early European trading hours on Thursday. Falling crude oil prices exert some selling pressure on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Russian and Ukrainian negotiators reached an agreement on a major prisoner exchange following two days of peace talks in Abu […]
Swiss Franc holds gains against US Dollar despite hawkish Fed outlook USD/CHF inches lower after two days of gains, trading around 0.8330 during Asian hours on Thursday. The currency pair could regain ground as the US Dollar (USD) draws support from an increasingly hawkish Federal Reserve policy outlook, driven by hotter-than-expected US Consumer Price Index […]
The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD). ECB policymaker Philip Lane said that energy prices may be falling, but the central bank’s interest rate decisions will depend on […]
South Korean shares recovered on Thursday, with the benchmark KOSPI rising 0.86% to approximately 5,422 after fluctuating between gains and losses earlier in the session. Bargain hunting and overnight gains across Wall Street helped improve investor sentiment, although concerns surrounding artificial intelligence investment and continued foreign equity outflows limited the broader optimism. US markets advanced […]
The Japanese yen weakened towards the psychologically important 160-per-dollar threshold on Thursday, extending losses for a second consecutive session and reaching its weakest level in more than two months. The decline has brought the prospect of renewed currency intervention into focus, as Japanese officials signal that they remain alert to excessive movements in the foreign […]
The British pound weakened against the US dollar on Thursday, with GBP/USD falling to 1.33 and reaching its lowest level since October 2026. The decline marks a pullback from recent trading levels, although the currency pair has retained modest gains over both the past four weeks and the previous twelve months. Despite the latest weakness, […]