Today Markets Analysis: The Swiss Franc is losing ground against the US Dollar as traders position for a potentially important shift in Federal Reserve policy. With the Fed widely expected to raise interest rates on Wednesday while the Swiss National Bank is expected to keep its policy rate at 0%, the interest-rate differential is once […]
Today Markets Analysis: The Indian rupee has fallen to around 95.80 per US dollar, hovering near a seven-week low as surging oil prices, rising US Treasury yields and expectations of tighter Federal Reserve policy combine to pressure India’s currency. The move highlights a difficult combination for India: higher energy costs are increasing inflation pressure at […]
Today Markets Analysis: The New Zealand dollar has fallen to around $0.576, its lowest level in two months, as broad US dollar strength and renewed concerns over the New Zealand economy put pressure on the kiwi. The decline comes as markets position for a potential Federal Reserve rate hike this week, widening the interest-rate advantage […]
Today Markets Analysis: The offshore yuan remained under pressure around 6.71 per dollar on Tuesday, pulling back from its recent more than three-year high as a mixed set of Chinese economic indicators highlighted the uneven nature of the country’s recovery. The latest data point to a growing divergence between stronger industrial activity and weaker domestic […]
The US dollar extends its winning streak to five sessions as traders prepare for a pivotal Federal Reserve decision, with rising oil prices adding fresh pressure to the inflation outlook. The US dollar continued to strengthen on Tuesday, with the Dollar Index moving above 99.5 and recording its fifth consecutive session of gains. The latest […]
Currency Hedger Analysis: The Canadian dollar is finding renewed support as crude oil prices approach four-month highs, reinforcing one of the currency’s most important fundamental relationships. USD/CAD has retreated toward 1.3870 after three consecutive sessions of gains, with higher energy prices providing a tailwind for the commodity-linked CAD. However, the Canadian dollar faces an important […]
Today Markets Analysis: The Australian dollar has fallen to around $0.71, extending last week’s decline and reaching its lowest level in almost two weeks. A stronger US dollar following hotter-than-expected US inflation has increased expectations for Federal Reserve rate hikes, while rising oil prices and renewed hawkish signals from the Reserve Bank of Australia are […]
The dollar index rose toward 99.2 on Monday, gaining for a fourth consecutive session as investors prepared for the upcoming Federal Reserve policy meeting while assessing the impact of surging oil prices. Markets are currently pricing in an 86% probability that the Fed will raise its policy rate by 25 basis points on Wednesday, with […]
Today Markets Analysis: The New Zealand dollar slipped towards $0.579, hovering near its lowest level in more than six weeks, as a stronger US dollar and elevated US inflation increased expectations for tighter Federal Reserve policy. The NZD is now facing a combination of US dollar strength, weaker domestic growth expectations and a cautious Reserve […]
Today Markets Analysis: USD/CHF extended its rebound on Friday, climbing more than 0.40% as stronger-than-expected US inflation data, following Thursday’s firmer producer-price figures, prompted markets to reassess expectations for the Federal Reserve’s next policy decision. The pair broke above the September high at 0.8156, strengthening the near-term bullish technical outlook. USD/CHF Gains as US Inflation […]