Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The British pound enters the week beginning 12 October 2026 holding near 1.3230 against the US dollar, but the broader technical picture remains under pressure. Sterling has struggled to build a sustained recovery as elevated US Treasury yields, persistent inflation concerns and expectations of further […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The euro enters the week beginning 12 October under pressure as concerns over France’s public finances combine with a resilient US dollar and elevated bond yields. EUR/USD was trading near 1.1195 at the end of the previous week, with the pair heading towards a fifth […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Australian dollar is extending its weekly gains against the US dollar as expectations that the Federal Reserve will leave interest rates unchanged in October offset increasingly hawkish signals about the months ahead. AUD/USD advanced approximately 0.38% on Friday, securing a 0.58% weekly gain and […]
The South Korean won trades around 1,344 per US dollar, easing after approaching its strongest level since October 2024. Uncertainty over the Federal Reserve’s policy outlook and elevated energy prices are limiting the currency’s advance, as investors weigh the prospect of tighter US monetary policy against the economic costs of higher oil prices for South […]
The EUR/USD pair attracts buyers for the second straight day, rising to the 1.1225-1.1230 area during the Asian session on Friday amid a weak US Dollar (USD). Spot prices, however, remain confined within a range held since the beginning of this month, warranting some caution for bulls. President Donald Trump said on Thursday that the […]
The NZD/USD pair gains traction to near 0.5615 during the early Asian trading hours on Friday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid easing Treasury bond yields. Traders weigh lingering inflation concerns and the outlook for Federal Reserve (Fed) interest rates. The Michigan Consumer Sentiment Index data for October will […]
USD/CAD extends its losses for the second successive day, trading around 1.4210 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses safe-haven demand, following statements from US President Donald Trump on social media, where he announced that the US was engaged in “productive discussions” with Iran and would refrain from […]
The Japanese yen remains under pressure against the US dollar, trading around ¥158 per dollar and heading towards a fourth consecutive weekly decline in the latest reported market assessment. The wide interest-rate gap between the United States and Japan continues to weigh on the currency, while subdued household spending and concerns over Japan’s public debt […]
The GBP/USD pair gathers strength to around 1.3240 during the early Asian trading hours on Friday. The US Dollar (USD) softens against the British Pound (GBP) following comments from Federal Reserve (Fed) Governor Christopher Waller. Traders will keep an eye on the Michigan Consumer Sentiment Index data for October later on Friday. Fed Governor Christopher […]
The AUD/USD pair edges higher during the Asian session on Friday, looking to build on the overnight bounce from the lower boundary of the weekly range amid a softer US Dollar (USD). Spot prices, however, lack bullish conviction and currently trade above mid-0.6900s, up just over 0.10% for the day. President Donald Trump said on […]