USD
NZD, Technical Analysis, USD
New Zealand Dollar declines to near 0.5950 as US PCE data lift Fed rate hike bets
The NZD/USD pair trades with mild losses around 0.5950 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as US inflation data lifted expectations of a Federal Reserve (Fed) rate hike. All eyes will be on the Jackson Hole Symposium event later on Friday. The Personal Consumption Expenditures (PCE) Price […]
by Currency Hedger
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- 2 months ago
KRW, USD
South Korean Won gains on back-to-back BoK interest rate hikes
The South Korean Won (KRW) trades higher against the US Dollar (USD) on Thursday, with USD/KRW falling 0.3% to near 1,380 during the Asian trading session. The pair revisits its 11-month low as back-to-back interest rate hikes by the Bank of Korea (BoK) have strengthened the currency. Earlier in the day, the BoK raised its […]
by Currency Hedger
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- 2 months ago
CNH, USD
Offshore Yuan Steady
The offshore yuan steadied around 6.72 per dollar on Thursday after retreating in the previous session, as fresh industrial profit data strengthened expectations that Beijing could unveil additional policy support to bolster growth. China’s industrial profits rose 17.6% year-on-year to CNY 4.58 trillion in the first seven months of 2026, easing from an 18.7% increase […]
by Currency Hedger
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- 2 months ago
JPY, Technical Analysis, USD
USD/JPY Price Forecast: 20-day EMA continues to act as key barrier
The Japanese Yen (JPY) trades higher against the US Dollar (USD) on Wednesday, with USD/JPY dropping 0.1% to near 159.00. The Asia-Pacific currency gains amid firm expectations that the Bank of Japan (BoJ) will hike policy rates by 25 basis points (bps) to 1.25% in the September meeting. Strategists at Scotiabank note that domestic data […]
by Currency Hedger
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- 2 months ago
GBP, Technical Analysis, USD
British Pound edges lower below 1.3650 as traders await US PCE release
The GBP/USD pair declines to near 1.3625 during the early European trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) as markets turn cautious ahead of the US July Personal Consumption Expenditures (PCE) Price Index data, which is due later on Wednesday. US Treasury Secretary Scott Bessent said last week that […]
by Currency Hedger
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- 2 months ago
Currency Talk, NZD, Technical Analysis, USD
NZD/USD Price Forecast: Dips below 0.5950, fresh weekly low as USD firms ahead of US PCE
The NZD/USD pair comes under some renewed selling pressure on Wednesday and drops to a fresh weekly low, around the 0.5945 region during the early European session. The US Dollar (USD) regains positive traction ahead of the release of the US Personal Consumption Expenditures (PCE) Price Index later today and Federal Reserve Chair Kevin Warsh’s speech at […]
by Currency Hedger
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- 2 months ago
Currency Talk, EUR, Technical Analysis, USD
Chart of the Day: EURUSD Under Pressure from the Dollar. Bessent, PCE and Jackson Hole to Determine the Next Direction
Tuesday’s EURUSD session is seeing the dollar strengthen slightly, but the situation in the foreign exchange market remains much more complicated than it was just a few days ago. The euro-dollar pair has pulled back from around 1.17, but a number of developments are emerging in the background that could have a much greater impact […]
by Currency Hedger
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- 2 months ago
AUD, Currency Talk, USD
Australian Dollar remains steady following RBA Meeting Minutes
AUD/USD gains ground after registering modest losses in the previous day, trading around 0.7150 during the Asian hours on Tuesday. The Reserve Bank of Australia (RBA) released the Minutes from its July monetary policy Meeting on Tuesday, signaling that the Board remains prepared to hike interest rates should upside inflation risks materialize. While several members expressed concern that […]
by Currency Hedger
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- 2 months ago
Currency Talk, NZD, USD
New Zealand Dollar gains as high inflation fuels odds of RBNZ September rate hikes
NZD/USD gains ground after registering modest losses in the previous day, trading around 0.5960 during the Asian hours on Tuesday. The pair appreciates as the New Zealand Dollar (NZD) receives support on expectations that the Reserve Bank of New Zealand will raise interest rates again in September, as inflation remains elevated. RBNZ tightening path seen as firmly […]
by Currency Hedger
- 0 Comments
- 2 months ago
GBP, Technical Analysis, USD
GBP holds range below mid-1.3600s as USD firms amid Fed risks and Iran tensions
The GBP/USD pair extends its sideways consolidative price move for the second straight day and trades around the 1.3630 area during the Asian session on Tuesday. The US Dollar (USD) is looking to build on its modest recovery from the lowest level since May 14 and is acting as a headwind for the currency pair. […]
by Currency Hedger
- 0 Comments
- 2 months ago