USD
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish Fed
The USD/CAD pair retains its bullish undertone on Thursday, trading around the 1.4265 region during the Asian session, well within striking distance of the highest level since April 2025, touched earlier this week. Moreover, the supportive fundamental backdrop suggests that the path of least resistance for spot prices remains to the upside and backs the […]
by Currency Hedger
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- 2 weeks ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Holds Near IDR 17,900 as Reserves Support Currency
The Indonesian rupiah remains around IDR 17,900 per U.S. dollar as stable foreign-exchange reserves, resilient domestic activity and continued intervention from Bank Indonesia provide support for the currency. However, an elevated U.S. dollar and still-high U.S. Treasury yields are limiting the rupiah’s ability to strengthen significantly. September foreign-exchange reserves remain around USD 146.3 billion, keeping […]
by Currency Hedger
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- 3 weeks ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USD
The USD/JPY pair touches a one-and-a-half-week high, around mid-158.00s during the Asian session on Wednesday, with bulls shrugging off fears about a potential government intervention to support the Japanese Yen (JPY) and taking cues from resurgent US Dollar (USD) demand. Despite signs of moderating inflation and a cooling labor market, traders are still pricing in […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Downside pressure could intensify below 1.3180
The British Pound (GBP) trades 0.18% lower at around 1.3248 against the US Dollar (USD) during the early European trading session on Wednesday. The GBP/USD pair is under pressure as the US Dollar outperforms ahead of the release of Federal Open Market Committee (FOMC) minutes of the September policy meeting at 18:00 GMT. As of […]
by Currency Hedger
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- 3 weeks ago
CHF, Market Analysis, USD
Swiss Franc declines ahead of release of Foreign Currency Reserves data
USD/CHF extends its gains for the third consecutive day, trading around 0.8330 during Asian hours on Wednesday. Switzerland’s seasonally-adjusted Unemployment Rate was unchanged at 3.1% for the fifth month in a row in September. Foreign Currency Reserves for September will be eyed later in the day. Franc support persists as France debt worries overshadow SNB […]
by Currency Hedger
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- 3 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Strengthens Toward 2024 High as Semiconductor Exports Drive Dollar Selling
The South Korean won is trading around 1,338 per dollar, approaching its strongest level since October 2024 as persistent dollar selling from semiconductor exporters strengthens demand for the Korean currency. Thin holiday liquidity is amplifying the impact of corporate dollar flows, allowing the exchange rate to move toward the mid-to-high 1,330s. The won is also […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: More downside likely below 1.1160
The Euro (EUR) is down 0.18% to near 1.1238 against the US Dollar (USD) during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar regains ground after a corrective move the previous day. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar edges lower on reviving USD demand; recovering oil prices limit losses
The USD/CAD pair edges higher during the Asian session on Wednesday, stalling the previous day’s retracement slide from the vicinity of its highest level since April 2025, touched at the start of this week. Spot prices, however, lack bullish conviction and currently trade just above the 1.4200 mark, up only 0.05% for the day, amid […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
Euro weakens below 1.1250 on France’s debt fears
The EUR/USD pair remains on the defensive near 1.1250 during the early Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of France’s debt crisis. The Minutes of the Federal Open Market Committee (FOMC) will be in the spotlight later on Wednesday. France’s Finance Minister said the government […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis, USD
British Pound weakens as US Dollar advances ahead of FOMC Meeting Minutes
GBP/USD loses ground after registering modest gains in the previous day, trading around 1.3250 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground, driven by rising oil prices that could revive inflation concerns and expectations for further Federal Reserve (Fed) rate hikes. Traders await the Federal Open Market Committee […]
by Currency Hedger
- 0 Comments
- 3 weeks ago