Today Markets Analysis The Indonesian rupiah strengthened to around IDR 18,050 per US dollar on Tuesday, extending gains for a second consecutive session as a softer US dollar, stabilising energy prices and resilient domestic economic indicators supported the currency. The rupiah outperformed other regional Asian currencies, which largely traded within narrow ranges as investors positioned […]
Today Markets Analysis The South Korean won weakened to approximately 1,344 per US dollar on Tuesday, surrendering some of the previous session’s gains as continued foreign equity outflows weighed on demand for the domestic currency. Foreign investors sold a net KRW 693 billion (approximately $514 million) worth of South Korean equities on Monday, marking their […]
The GBP/USD pair holds steady around 1.3445 during the early Asian trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of US Consumer Price Index (CPI) inflation data later in the day. Also, Bank of England (BoE) policymaker Sarah Breeden is set to speak. Stronger-than-expected US Nonfarm Payrolls (NFP) data have reinforced […]
The New Zealand dollar remains around $0.563 after recording its largest one-day gain since April, with political developments and improved global risk appetite providing support. The incumbent National Party has gained an early advantage in its bid to retain power, raising expectations that the Reserve Bank of New Zealand (RBNZ) will maintain its current inflation-focused […]
The Japanese yen has weakened towards 158 per US dollar, surrendering part of its previous session’s gains despite increasingly hawkish signals from the Bank of Japan (BOJ). Policymakers appear broadly aligned on the need for further interest-rate increases, with underlying inflation approaching the central bank’s 2% price stability target. However, expectations of tighter monetary policy […]
USD/CHF extends its gains for the third consecutive day, trading around 0.8210 during Asian hours on Monday. However, the upside of the pair could be limited as the Greenback may face challenges due to a drop in crude oil prices. Lower oil prices help ease inflationary pressures. Energy markets pulled back after US President Donald […]
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]
USD/CAD loses ground after two days of gains, trading around 1.4110 during Asian hours on Monday. However, downside momentum could be restrained as the US Dollar (USD) may regain ground. This potential strength is driven by rising odds of a December Federal Reserve rate hike after strong US labor data. Investors are now closely watching […]
The Indonesian rupiah is trading around IDR 18,100 per US dollar, remaining within a narrow range as external economic pressures and domestic political uncertainty continue to influence currency sentiment. A broadly stronger US dollar has limited the rupiah’s recovery following stronger-than-expected US employment data, which has reinforced expectations of a further Federal Reserve interest rate […]
The South Korean won strengthened towards 1,354 per US dollar, recovering from a four-week low as strong corporate dollar selling and continued export-related foreign currency inflows provided support. South Korean non-financial companies recorded net dollar sales of $286.57 billion during the first nine months of 2026, equivalent to 2.6 times the amount recorded over the […]