The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609. The Kiwi pair falls back as the US Dollar rebounds strongly after a sharp correction on Tuesday. The […]
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming central-bank signals from both the Federal Reserve and Reserve Bank of Australia. The Aussie continues to benefit from broad US dollar weakness, particularly against the euro as pressure in European bond markets has eased. However, […]
The GBP/USD pair attracts some dip-buyers near the 1.3200 mark on Tuesday and hits a fresh daily high during the first half of the European session. Spot prices, however, remain confined in a familiar range held over the past two weeks or so and currently trade around the 1.3240 region, up less than 0.10% for […]
German industrial orders fell by 10.6% month-on-month in August, compared with analysts’ expectations for a 1% decline and a 2.5% increase in July. EUR/USD has resumed its decline and is trading at its lowest level since May 19, 2025 following the release, which raises serious questions about the outlook for the eurozone’s largest economy. The […]
The USD/CAD pair gathers strength to near 1.4275 during the early European trading hours on Tuesday. Falling crude oil prices drag the commodity-linked Canadian Dollar (CAD) lower against the US Dollar (USD). Canada’s Ivey Purchasing Managers Index (PMI) data is due later on Tuesday. The Group of Seven nations (G7) on Friday agreed to release […]
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanese fiscal policy. Japan’s Prime Minister, Sanae Takaichi, is pushing forward with expansionary economic measures despite persistent concerns surrounding the weak Yen […]
The Japanese yen is holding around ¥157.9 per US dollar as markets balance Prime Minister Sanae Takaichi’s expansionary fiscal agenda against renewed concerns over the currency’s weakness and the outlook for Bank of Japan policy. The yen remains under pressure from the wide US-Japan yield differential, while investors assess whether stronger domestic inflation and a […]
The New Zealand dollar remains under pressure around $0.560, close to an 11-month low, as broad US dollar strength and elevated US Treasury yields continue to outweigh improving domestic business confidence and expectations for tighter monetary policy from the Reserve Bank of New Zealand. The kiwi briefly moved below $0.560 in the previous session, reaching […]
The Indian rupee remains under significant pressure near record lows as a combination of broad US dollar strength, elevated Treasury yields, high oil prices and persistent demand for dollar hedging weighs on the currency. USD/INR is trading around 96.4, with the rupee struggling to establish a durable recovery. The broader dollar remains supported by higher […]