The British Pound (GBP) is down 0.15% at around 1.3234 against the US Dollar (USD) during the early European trading session on Tuesday. The GBP/USD pair is under pressure as the US Dollar trades firmly ahead of the United States (US) JOLTS Job Openings data for August, which will be published at 14:00 GMT. US […]
The Indonesian rupiah is trading above IDR 18,000 per US dollar, remaining close to its weakest levels since early August as persistent US dollar strength continues to weigh on emerging-market currencies. The dollar is holding near a two-month high as markets continue to price further Federal Reserve tightening, while higher energy prices are adding to […]
The Australian dollar is trading around $0.70, remaining near multi-month lows despite the Reserve Bank of Australia delivering another interest-rate increase. The RBA raised its cash rate by 25 basis points to 4.60%, marking its fourth hike of the year and taking cumulative tightening in 2026 to 100 basis points. Persistent inflation pressures and higher […]
The South Korean won is trading around 1,358 per US dollar, holding near two-year highs as strong semiconductor demand continues to improve the country’s export outlook. September exports are expected to show substantial year-on-year growth, while semiconductor exports surged 259.4% in the first 20 days of the month, reinforcing expectations for stronger export revenues and […]
The Indian rupee has weakened to around 96.13 per US dollar, breaking above the psychologically important 96 level and reaching its weakest point in roughly two months. The move comes as higher US Treasury yields, a stronger dollar and elevated crude oil prices combine to increase pressure on India’s currency. The rise in US yields […]
The offshore yuan is trading around 6.71 per US dollar, recovering recent ground as markets assess the latest developments in US-China trade relations and the implications of the recently concluded Trump-Xi summit. The United States and China have agreed to reduce tariffs on roughly $30 billion of imports from each country and extend their trade […]
The South Korean won is holding around 1,358 per US dollar, maintaining recent gains as strong earnings expectations for Korean semiconductor companies continue to support the currency. Robust global demand for chips is keeping expectations for stronger export revenues and foreign-currency inflows elevated, providing an important fundamental support for the won. At the same time, […]
The Indian rupee has weakened toward 95.9 per dollar, extending recent losses as higher crude oil prices, rising US Treasury yields and a firmer US dollar increase pressure on the currency. The combination is particularly important for the rupee because higher energy prices can increase India’s import costs while stronger US yields can improve the […]
USD/CAD is extending its advance for a sixth consecutive session, trading around 1.4150, as the Canadian Dollar remains under pressure from expectations that the interest-rate gap between the United States and Canada will widen further. The Bank of Canada kept its policy rate unchanged at 2.25% at its September meeting, while expectations for another Federal […]
The New Zealand Dollar is trading around $0.566, close to its lowest level since late June, as a firm US Dollar continues to outweigh growing expectations for further Reserve Bank of New Zealand tightening. The immediate pressure on NZD/USD is coming from the US side of the interest-rate equation. Robust US economic data and increasingly […]