USD
NZD, Technical Analysis, USD
New Zealand Dollar struggles after China’s Trade Balance data
NZD/USD extends its losses for the third successive day, trading around 0.5850 during the Asian hours on Tuesday. The pair is depreciating as the New Zealand Dollar (NZD) remains under pressure following the release of trade data from China, New Zealand’s major trading partner. China’s August Trade Balance reached $119.09 billion, aligning closely with forecasts […]
by Currency Hedger
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- 2 months ago
INR, USD
Rupee Retreats on Oil, Importer Demand
The Indian rupee fell to around 94.61 per dollar, retreating from more than two-month highs as rising oil prices and increased importer hedging demand pressured the currency. The rupee’s recovery has lost momentum as companies lock in dollar requirements amid concerns over costlier crude. Brent crude neared $97 a barrel as escalating US-Iran tensions and […]
by Currency Hedger
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- 2 months ago
CNH, USD
Offshore Yuan Steady Near 2023 Peak
The offshore yuan held steady around 6.70 per dollar on Tuesday, remaining near its strongest level since January 2023, as strong trade data reinforced optimism over China’s external demand. Exports climbed 25.0% year-on-year to USD 401.44 billion in August 2026, accelerating from 23.9% growth in July, while imports surged 28.2% year-on-year to USD 282.4 billion, […]
by Currency Hedger
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- 2 months ago
Technical Analysis, USD
US Dollar Index (DXY) struggles below 99.00, two-week low as traders eye US inflation data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday. The index currently trades around the 98.80 region, down 0.10% for the day, though it manages to hold […]
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
CHF, USD
USD/CHF Price Forecast: NFP rally stalls at 0.8100, retraces
The USD/CHF registers modest gains of over 0.30% as the Greenback is boosted by a solid US Nonfarm Payrolls report, pushing the pair above the 50-day Simple Moving Average (SMA) to reach a daily high of 0.8126. At the time of writing, trades at 0.8098. USD/CHF Price Forecast: Technical Outlook The USD/CHF trades just above […]
by Currency Hedger
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- 2 months ago
MXN, USD
Mexican Peso Hits Highest Level Since 2024
The Mexican peso strengthened to around 16.89 per US dollar in September, reaching its highest level since May 2024. US nonfarm payrolls increased by 162,000 last month, well above market expectations for a 56,000 gain. The figures point to continued strength in the US labor market, which is positive for Mexican exports and the economy […]
by Currency Hedger
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- 2 months ago
Institutional, Technical Analysis, USD
Trade of The Day – USD/ZAR
Facts Recommendation Figure 1: USDZAR (04.01.2025 – 04.09.2026) Source: xStation, 04.09.2026 (3:22 PM) Opinion Over the last month, the South African rand has strengthened against the US dollar by over 2.5%. The reasons for this movement can be found in two key factors: rising gold prices and an increase in bets for interest rate hikes […]
by Currency Hedger
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- 2 months ago
EUR, Institutional, Technical Analysis, USD
Chart of The Day – EUR/USD Ahead of NFP. The Fed Caught Between Warsh and Waller
Friday’s EURUSD session is dominated by expectations ahead of the most important release of the week, the NFP report. Over the past few days, the outlook for US monetary policy has become significantly more complicated. Kevin Warsh sounded particularly hawkish during the Jackson Hole symposium, arguing that inflation remains too high and that the Fed […]
by Currency Hedger
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- 2 months ago
CAD, Technical Analysis, USD
USD/CAD Price Forecast: 100-day EMA remains key hurdle
The Canadian Dollar (CAD) trades broadly sideways against the US Dollar (USD) at around 1.3790 on Friday after a strong Thursday, with investors awaiting the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT. The USD/CAD fell sharply on Thursday as the US Dollar faced sharp selling pressure […]
by Currency Hedger
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- 2 months ago