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 […]
EUR/USD falls 0.60% on Monday and trades around 1.1190 at the time of writing. The pair remains under pressure as the US Dollar (USD) maintains positive momentum, supported in part by elevated US Treasury yields, while political and fiscal concerns in Europe weigh on the Euro (EUR). The latest business activity data released on Monday […]
The global dry bulk freight market is showing renewed weakness, with the Baltic Dry Index falling to 3,070 points, its lowest level in more than a month. The decline reflects weaker rates across the major vessel classes, led by a sharper drop in Capesize freight. The move is important for commodity markets because dry bulk […]
The Canadian Dollar (CAD) pares previous daily losses on Monday, as the US Dollar (USD) pulls back from multi-month highs against most peers, with market concerns about higher global debt yields keeping investors away from risk. The USD/CAD pair is trading at the 1.4240 area at the US session opening times, turning flat in the […]
EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around 0.8478, down 0.24% on the day, after touching an intraday low of 0.8458. Concerns centre on France, where […]
The Swiss Franc (CHF) has retraced previous losses on Monday and trades practically flat against the US Dollar (USD), hardly affected by the bond market turmoil that has crushed investors’ appètite for risk. The USD/CHF pair bounced from 0.8225 lows on Friday but has been contained below a previous support area around 0.8320, which keeps […]
The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve’s (Fed) rate path. However, as expectations for an October rate hike diminish following softer inflation and payrolls data, the fundamental drivers behind the Greenback’s momentum are coming under […]
Facts: Recommendation: GBPUSD (D1) Source: xStation5 OPINION : The price is currently near the lower boundaries of two technical formations: a consolidation channel between approximately 1.385 and 1.302, and a narrowing ascending triangle. Looking at the regression line and the RSI indicator, the current setup creates favorable conditions for an upward correction toward approximately 1.385. […]
Key takeaways The euro is experiencing its worst day in weeks. The EURUSD pair fell to 1.1161, its lowest level since May 2025, following a fourth consecutive week of declines. The reason this time is not Fed policy, but a growing crisis of confidence surrounding French public finances, which is increasingly reminding investors of the […]