The New Zealand dollar rises towards US$0.558 on Monday, attempting to recover from a more than one-year low recorded on Friday as preliminary election results improve the prospects of political continuity. The incumbent centre-right National Party, led by Prime Minister Christopher Luxon, has emerged as the largest party following the weekend election. Although neither major […]
The US dollar index eases towards 102 on Monday but retains most of the previous session’s gains as stronger-than-expected employment data reinforces expectations of further Federal Reserve monetary tightening. US nonfarm payrolls increase by 165,000, more than double the market forecast of 65,000, while the unemployment rate edges lower to 4.1%. The stronger figures highlight […]
The Japanese yen strengthens towards 158 per US dollar on Monday, recovering part of last week’s losses as increasingly hawkish comments from Bank of Japan officials reinforce expectations of further monetary tightening. BOJ Chief Economist Seisaku Kameda indicates that the central bank is likely to raise interest rates in December and continue tightening monetary policy […]
The Brazilian real remains under pressure around 5.50 per US dollar in November as stronger-than-expected American employment data reinforces demand for the greenback. The latest US nonfarm payroll figures strengthen expectations that the Federal Reserve will maintain a restrictive monetary stance, creating additional challenges for emerging-market currencies. At the same time, expectations of a narrowing […]
Foreign exchange markets recorded widespread weakness across several major currencies, while the US dollar strengthened against a broad basket of international currencies. The Norwegian krone was the weakest performer in the latest market update, declining 1.12%, followed by the Australian dollar, which fell 0.96%. The Canadian dollar lost 0.78%, while sterling declined 0.73%. The euro […]
Friday’s EURUSD session is dominated by anticipation ahead of the US nonfarm payrolls (NFP) report. Today’s release could have a significant impact on the pair’s near-term direction, as markets are increasingly pricing in the possibility of another Federal Reserve rate hike at its December meeting. Expectations for US monetary policy have risen following recent hawkish […]
The Taiwanese dollar recovered approximately 0.7% to 32.8 per US dollar after briefly weakening beyond the 33 level, reaching its weakest position since April 2025. The recovery followed a period of significant currency pressure driven by a global technology-sector selloff, weakness in Taiwan’s equity market and foreign investor outflows. The latest reversal highlights the competing […]
The USD/CAD pair gains momentum to around 1.4050 during the early European trading hours on Friday. The US dollar (USD) edges higher against the Canadian Dollar (CAD) on safe-haven demand after the US equity sell-off. Markets might turn cautious later on Friday ahead of the employment data from the US and Canada. The Democrats win […]
The EUR/USD pair trades on a weaker note around 1.1195 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the German Industrial Production, Eurozone Retail Sales and US employment reports, which are due later on Friday. Safe-haven flows after a sell-off in AI stocks worldwide could […]
USD/CHF remains flat after recovering daily losses, trading around 0.8170 during Asian hours on Friday. The pair has pared its daily losses as the US Dollar (USD) gained support amid widespread market caution. Investors are awaiting the upcoming US Nonfarm Payrolls (NFP) report, which is expected to play a critical role in shaping market expectations […]