Bullock Speech: RBA Governor speaks on policy outlook after the expected interest rate hike
Bullock Speech: RBA Governor speaks on policy outlook after the expected interest rate hike
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reason behind raising the key interest rate by 25 basis points (bps) to 4.60% from 4.35% in the September policy meeting. Key quotes from the RBA press conference Inflation is driven by domestic capacity pressures. Inflationary pressures to last longer […]
by Currency Hedger
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- 1 month ago
EUR, Technical Analysis, USD
EUR/USD Price Forecast: Softens to near 1.1350 as bearish bias holds below key averages
The EUR/USD pair trades in negative territory around 1.1360 during the early European session on Tuesday. The Euro (EUR) weakens to its lowest since July 28 against the US Dollar (USD), pressured by surging US Treasury bond yields and hawkish signals from the Federal Reserve (Fed) officials. Traders await the Fedspeak later on Tuesday. Expectations […]
by Currency Hedger
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- 1 month ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Fresh downside leg likely below 1.3200
The British Pound (GBP) is down 0.15% at around 1.3234 against the US Dollar (USD) during the early European trading session on Tuesday. The GBP/USD pair is under pressure as the US Dollar trades firmly ahead of the United States (US) JOLTS Job Openings data for August, which will be published at 14:00 GMT. US […]
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- 1 month ago
Commodities, Market Analysis, Technical Analysis
Wheat Futures Face Selling Pressure as Weak Exports Offset Tighter Stock Expectations
Wheat futures are under pressure across the major US exchanges as weak export demand continues to weigh on the market, while slower winter wheat planting and expectations for lower September 1 stocks provide some underlying support. Chicago SRW, KC HRW and Minneapolis spring wheat are all trading lower, with the market now focused on whether […]
by Currency Hedger
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- 1 month ago
Currency Talk, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Under Pressure as Strong Dollar and Rising Import Costs Test Bank Indonesia
The Indonesian rupiah is trading above IDR 18,000 per US dollar, remaining close to its weakest levels since early August as persistent US dollar strength continues to weigh on emerging-market currencies. The dollar is holding near a two-month high as markets continue to price further Federal Reserve tightening, while higher energy prices are adding to […]
by Currency Hedger
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- 1 month ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar Struggles Near Multi-Month Lows as RBA Tightening Fails to Lift Aussie
The Australian dollar is trading around $0.70, remaining near multi-month lows despite the Reserve Bank of Australia delivering another interest-rate increase. The RBA raised its cash rate by 25 basis points to 4.60%, marking its fourth hike of the year and taking cumulative tightening in 2026 to 100 basis points. Persistent inflation pressures and higher […]
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- 1 month ago
Japan Leading Index Revised Slightly Downward
Japan’s leading economic index, which gauges the outlook for economic activity in the coming months using indicators such as job offers and consumer sentiment, was revised lower to 117.7 in July 2026 from a preliminary estimate of 117.9, after reaching 116.2 in June. Still, it was the highest level since January 2014, supported by the […]
by Currency Hedger
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- 1 month ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Holds Near Two-Year Highs as Semiconductor Exports Strengthen Currency Outlook
The South Korean won is trading around 1,358 per US dollar, holding near two-year highs as strong semiconductor demand continues to improve the country’s export outlook. September exports are expected to show substantial year-on-year growth, while semiconductor exports surged 259.4% in the first 20 days of the month, reinforcing expectations for stronger export revenues and […]
by Currency Hedger
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- 1 month ago
RBA Hikes Key Rate to 15-Year High
The Reserve Bank of Australia raised its cash rate target by 25 bps to 4.60% in a unanimous September 2026 decision, in line with expectations, marking its fourth hike this year and taking borrowing costs to their highest since 2011. Policymakers noted that higher global energy prices following oil supply disruptions amid the broader Middle […]
by Currency Hedger
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- 1 month ago
Energies, Market Analysis, Technical Analysis
Coal Prices Rebound Above $145 as Indonesian Supply Tightens and Gas Disruptions Lift Demand
Coal prices are recovering from recent one-month lows, with futures moving above $145 per tonne as tightening supply and disruptions to global gas markets increase the role of coal in power generation. The supply picture is becoming increasingly important. Indonesia, the world’s largest exporter of thermal coal, recorded a sharp decline in August shipments, while […]
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- 1 month ago