USD
AUD, Technical Analysis, USD
AUD drifts higher above 0.7100 after RBA’s Bullock speech
The AUD/USD pair gains ground to near 0.7120 during the early European trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) following Reserve Bank of Australia (RBA) Governor Michele Bullock’s speech. Traders brace for the Fedspeak later on Tuesday for fresh impetus. RBA Governor Michele Bullock said on Tuesday that […]
by Currency Hedger
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- 2 weeks ago
CHF, USD
Swiss Franc gains as US Dollar declines on increased risk appetite
USD/CHF loses ground for the fourth consecutive day, trading around 0.8200 during Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) declines on increased risk-on sentiment due to trade and diplomatic prospects: traders are closely monitoring an upcoming US-China summit for signs of improving relations between the world’s two largest economies. Additionally, […]
by Currency Hedger
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- 2 weeks ago
KRW, Technical Analysis, USD
South Korean Won Forecast: Won Rebounds as Falling Oil Prices and Strong Exports Support KRW
The South Korean won strengthened to around 1,360 per US dollar, recovering from four-week lows as a sharp decline in oil prices reduced pressure on South Korea’s energy import bill and improved sentiment toward the currency. WTI crude fell approximately 4.5% below $100 per barrel, while Brent crude declined more than 3%, amid hopes for […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Sterling Falls Below 1.3400 as Fed Strength and Bearish Technicals Weigh
GBP/USD is trading below 1.3400 at the start of the week, with the pair around 1.3375 during early European trading. Sterling remains under pressure after the US Federal Reserve delivered a hawkish rate increase last week, while the technical structure continues to point to downside pressure as long as the pair remains below its 100-day […]
by Currency Hedger
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- 2 weeks ago
AUD, Technical Analysis, USD
AUD/USD Price Forecast: Australian Dollar Holds Above 0.7100 as RBA Hike Bets and Trump-Xi Meeting Drive Outlook
The AUD/USD remains above the 0.7100 level at the start of the week, with the Australian Dollar finding support after a modest gap lower. The pair is trading around 0.7120-0.7125, but the recovery has so far lacked strong upside momentum as traders position ahead of several potentially market-moving events in Australia, the United States and […]
by Currency Hedger
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- 2 weeks ago
CHF, USD
CHF weakens as US Dollar gain support on hawkish Fed outlook
USD/CHF gains ground after two days of losses, trading around 0.8230 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains support amid hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook. Last week, the US Federal Reserve delivered a 25-basis-point rate hike, its first hike in three years, as officials sought to […]
by Currency Hedger
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- 2 weeks ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: Yen Consolidates Near 157 as Intervention Risks Rise
The Japanese yen consolidated around 157 per dollar on Monday, after losing more than 2% last week, as traders remained alert to the possibility of renewed Japanese currency intervention during a holiday-shortened trading session. Japan’s markets are closed for a three-day holiday, reducing liquidity and potentially increasing the sensitivity of USD/JPY to official comments or […]
by Currency Hedger
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- 2 weeks ago
CNH, Technical Analysis, USD
USD/CNH Price Forecast: Offshore Yuan Holds Near 4-Year High as Trump-Xi Summit Approaches
The offshore yuan held around 6.69 per US dollar on Monday, remaining close to its strongest level since July 2022 as the Chinese currency continued to benefit from a combination of strong export flows, a softer US dollar and expectations surrounding the upcoming September 24 Trump-Xi summit. The yuan reached 6.6957 per dollar in early […]
by Currency Hedger
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- 2 weeks ago
NZD, Technical Analysis, USD
New Zealand Dollar Price Forecast: NZD/USD Tests 0.5700 as US-China Summit Approaches
The New Zealand dollar begins Monday trading near $0.5720, close to a more than two-month low, as markets assess the outlook for US-China trade relations ahead of the scheduled September 24 Trump-Xi summit. The NZD/USD pair remains under pressure after falling toward the 0.5700 area, with the stronger US Dollar, expectations for further Federal Reserve […]
by Currency Hedger
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- 2 weeks ago
USD
Dollar Steadies as Markets Await Fed Remarks
The dollar index steadied around 100.2 on Monday after surging last week, with investors awaiting several appearances by Federal Reserve officials this week for further clues on the outlook for monetary policy. On Sunday, Minneapolis Fed President Neel Kashkari said inflation remains too high and that price pressures have spread beyond the initial oil-price shock […]
by Currency Hedger
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- 2 weeks ago