USD
INR, Technical Analysis, USD
Indian Rupee Rebounds to 95.7 as Lower Oil Prices, NSE IPO Inflows and RBI Intervention Support INR
The Indian rupee rebounded to around 95.7 per US dollar on Friday, recovering from seven-week lows as easing crude oil prices, expected foreign portfolio inflows linked to the $2.3 billion National Stock Exchange IPO, and likely intervention from the Reserve Bank of India helped support the currency. The rupee’s recovery comes despite continued pressure from […]
by Currency Hedger
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- 1 month ago
INR, Technical Analysis, USD
Indian Rupee draws support near seven-week low from RBI’s intervention
The Indian Rupee (INR) finds some buying interest against the US Dollar in the early session after a weak opening on Thursday. According to a Reuters report, the Indian central bank has likely intervened to limit the decline in the Indian Rupee. The report also showed that traders said the state-run banks were spotted offering […]
by Currency Hedger
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- 1 month ago
CHF, USD
Swiss Franc remains near 16-month lows against US Dollar
USD/CHF inches lower after reaching nearly 16-month highs the previous day, trading around 0.8250 during the Asian hours on Thursday. However, the pair may rebound its ground as the US Dollar (USD) may appreciate further due to the potential for further policy tightening by the Federal Reserve (Fed). The Greenback remains on a firm footing […]
by Currency Hedger
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- 1 month ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Holds steady near 1.1450, bearish tone remains intact
The EUR/USD pair trades on a flat note around 1.1465 during the early European trading hours on Thursday. Traders continue to assess the latest interest rate hike decision by the US Federal Reserve (Fed). The US Initial Jobless Claims report is due later on Thursday. The Fed raised the interest rates by a quarter-percentage point at its September meeting on […]
by Currency Hedger
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- 1 month ago
KRW, Technical Analysis, USD
South Korean Won Crashes to Three-Week Low Near 1,380 as Fed Hike, Dollar Surge and Foreign Outflows Hit KRW
Today Markets Analysis The South Korean won weakened toward 1,380 per U.S. dollar, hitting a three-week low as a fresh Federal Reserve rate hike, hawkish U.S. monetary guidance and continued foreign selling of Korean assets combined to increase demand for the dollar. The move puts USD/KRW firmly back in focus as traders reassess the interest-rate […]
by Currency Hedger
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- 1 month ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Slides Below $0.71 as Hawkish Fed, Strong US Dollar and Rising RBA Rate Bets Clash
Today Markets Analysis The Australian dollar is holding below $0.71, close to a four-week low, as renewed US dollar strength following the Federal Reserve’s latest interest-rate increase continues to outweigh expectations for further monetary tightening from the Reserve Bank of Australia (RBA). The Fed raised its federal funds target by 25 basis points to 3.75%-4.00%, […]
by Currency Hedger
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- 1 month ago
Market Analysis, Technical Analysis, USD
US Dollar Surges to Seven-Week High as Hawkish Fed Signals More Rate Hikes and Inflation Risks Persist
Today Markets Analysis The U.S. dollar remained around 100.3 on Thursday, holding close to a seven-week high after the Federal Reserve delivered its first interest-rate increase in three years and signalled that monetary policy may need to tighten further. The Federal Open Market Committee raised the federal funds target range by 25 basis points to […]
by Currency Hedger
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- 1 month ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day
The Euro (EUR) trades with caution at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday. The major currency pair is expected to remain under pressure as the Federal Reserve (Fed) is scheduled to announce the monetary policy decision at 18:00 GMT. The Fed is widely anticipated to break its […]
by Currency Hedger
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- 1 month ago
CHF, Technical Analysis, USD
USD/CHF Falls Toward 0.8180 Despite Fed Rate Hike Bets as Swiss Growth Outlook Improves
Today Markets Analysis: The US Dollar is losing ground against the Swiss Franc, with USD/CHF trading around 0.8180 on Wednesday, ending a five-session winning streak despite strong expectations for another Federal Reserve rate hike. The pair is being pulled in opposite directions. Hotter-than-expected US inflation has reinforced expectations for further Federal Reserve tightening, supporting the […]
by Currency Hedger
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- 1 month ago
INR, Technical Analysis, USD
USD/INR Near 96 as Fed Rate Hike and India Inflation Put Rupee Under Pressure
Today Markets Analysis: The Indian Rupee remains under pressure against the US Dollar, with USD/INR trading around 95.93 and close to a seven-week high near 96.00 as investors await the Federal Reserve’s latest monetary policy decision. Higher US Treasury yields, expectations for further Federal Reserve tightening and rising Indian inflation are creating a challenging backdrop […]
by Currency Hedger
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- 1 month ago