Technical Analysis
Market Analysis, Metals, Technical Analysis
Copper Prices Fall Towards $6.20 as Strong US Dollar and Rising Inventories Weigh on Market
Copper futures declined towards $6.20 per pound on Thursday, approaching fresh four-month lows as a stronger US dollar and rising London Metal Exchange inventories added pressure to the industrial metal. The dollar strengthened following hotter-than-expected US inflation data and increasingly hawkish signals from Federal Reserve officials, lifting expectations of more aggressive interest-rate increases. This has […]
by Currency Hedger
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- 3 days ago
KRW, Market Analysis, Technical Analysis, USD
South Korean KOSPI Rebounds 0.86% as Wall Street Rally Lifts Investor Sentiment
South Korean shares recovered on Thursday, with the benchmark KOSPI rising 0.86% to approximately 5,422 after fluctuating between gains and losses earlier in the session. Bargain hunting and overnight gains across Wall Street helped improve investor sentiment, although concerns surrounding artificial intelligence investment and continued foreign equity outflows limited the broader optimism. US markets advanced […]
by Currency Hedger
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- 3 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Falls Towards 160 Per Dollar as Intervention Concerns Intensify
The Japanese yen weakened towards the psychologically important 160-per-dollar threshold on Thursday, extending losses for a second consecutive session and reaching its weakest level in more than two months. The decline has brought the prospect of renewed currency intervention into focus, as Japanese officials signal that they remain alert to excessive movements in the foreign […]
by Currency Hedger
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- 3 days ago
GBP, Market Analysis, Technical Analysis, USD
British Pound Falls to Four-Week Low Against US Dollar as GBP/USD Slips to 1.33
The British pound weakened against the US dollar on Thursday, with GBP/USD falling to 1.33 and reaching its lowest level since October 2026. The decline marks a pullback from recent trading levels, although the currency pair has retained modest gains over both the past four weeks and the previous twelve months. Despite the latest weakness, […]
by Currency Hedger
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- 3 days ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Hits Nine-Month Low as Fed Rate Hike Expectations Strengthen US Dollar
The Australian dollar fell below US$0.69 on Thursday, reaching its weakest level since late January as renewed US dollar strength and deteriorating domestic economic sentiment weighed on the currency. Expectations of a more aggressive Federal Reserve policy response following stronger-than-expected US inflation have increased pressure on the Aussie, while weakening Australian housing data and falling […]
by Currency Hedger
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- 3 days ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Nears Record Low as Dollar Strength and Political Uncertainty Intensify Pressure
The Indonesian rupiah remained under significant pressure on Thursday, trading near IDR 18,250 per US dollar and approaching its record low of IDR 18,279. Losses extended into a second consecutive session as a stronger US dollar, domestic political uncertainty and concerns over potential foreign capital outflows continued to weigh on sentiment. The US dollar has […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, Market Analysis, Technical Analysis, USD
Euro Falls Below $1.115 as Fed Rate Hike Expectations and French Political Risks Weigh on Currency
The euro extended its decline below $1.115 on Wednesday, moving closer to its October multi-month lows as a stronger US dollar and growing expectations of further Federal Reserve tightening weighed on the single currency. Hotter-than-expected US inflation has reinforced expectations of another Federal Reserve interest-rate increase in December, with markets also considering the possibility of […]
by Currency Hedger
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- 4 days ago
Energies, Technical Analysis
Brent Crude Rebounds 1% Towards $93 as US-Iran Tensions and Strait of Hormuz Attacks Support Prices
Brent crude rose around 1% towards $93 per barrel on Wednesday, recovering from a ten-week low as renewed uncertainty surrounding US-Iran negotiations and escalating shipping risks in the Strait of Hormuz provided support to oil prices. The latest advance reflects growing doubts over the prospects for a diplomatic resolution. Iran’s security chief stated that Tehran […]
by Currency Hedger
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- 4 days ago
Commodities, Market Analysis, Technical Analysis
Chart of The Day – Cocoa sell-off continues. Record ICE inventories and index rebalancing in focus
London cocoa futures (COCOA.EU) are down 2.5% and are extending a sell-off that has now lasted for around three weeks, falling to their lowest levels in roughly four months. Prices are being pressured by rising ICE inventories, fund selling and announced reductions in cocoa weightings across major commodity indices, although medium-term support remains in place […]
by Currency Hedger
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- 4 days ago
CHF, EUR, KRW, Market Analysis, MXN, NOK, Technical Analysis
Foreign Exchange Market Update: South Korean Won Leads Currency Gains as Yen, Euro and Pound Weaken
Foreign exchange markets are showing mixed performance, with the South Korean won leading the latest currency gains at 0.68%, followed by the Mexican peso and Indian rupee. The dollar index has also advanced, gaining 0.16%, indicating that the US currency is strengthening against a number of major peers. On the losing side, the Norwegian krone […]
by Currency Hedger
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- 4 days ago