AUD/USD Price Forecast: 20-day EMA remains key barrier amid firm US Dollar
AUD, Technical Analysis, USD
AUD/USD Price Forecast: 20-day EMA remains key barrier amid firm US Dollar
The Australian Dollar (AUD) is down 0.15% at around 0.7100 against the US Dollar (USD) during the early European trading session on Wednesday. The Aussie pair faces pressure as the US Dollar extends its advance, with Federal Reserve (Fed) board members delivering hawkish commentary on interest rates and warnings of persistent inflation risks. US Dollar […]
by Currency Hedger
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- 1 month ago
EUR, JPY, Technical Analysis
EUR/JPY Price Forecast: Tests 180.00 support near nine-day EMA
EUR/JPY extends its losses for the second successive day, trading around 180.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggesting a persistent bearish bias. The EUR/JPY cross is maintaining a mild bearish bias as it holds just above the nine-day Exponential Moving […]
by Currency Hedger
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- 1 month ago
Dutch Q2 GDP Growth Revised Up to 0.6%
The Dutch economy expanded by 0.6% in the three months to June 2026, revised up from an initial estimate of 0.4% and following 0.3% growth in the previous quarter. This marked the strongest growth since the third quarter of 2024 and was driven entirely by domestic demand. Household consumption increased by 0.8%, after a 0.5% […]
by Currency Hedger
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- 1 month ago
KRW, Market Analysis, Technical Analysis
South Korean Won Strengthens Toward 1,351 as Falling Oil and Semiconductor Exports Boost Currency Outlook
The South Korean won is currently trading around 1,351 per US dollar, extending a sharp recovery as falling oil prices, powerful export growth and improving expectations for South Korea’s economic performance provide support for the currency. The won is benefiting from two important domestic and external developments. Lower crude oil prices are reducing inflation and […]
by Currency Hedger
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- 1 month ago
Commodities
Palm Oil Dips to Near Six-Week Low
Malaysian palm oil futures extended recent losses, hovering below MYR 4,750 per tonne and nearing a six-week low, pressured by weaker edible oils on the Dalian and Chicago exchanges and a further drop in crude oil prices on hopes for a diplomatic resolution to the U.S.-Iran conflict at the UN. Export signals were also weak, […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Iron Ore Prices Rise Above CNY 710 as Brazil Supply Risks Clash With Weak Chinese Steel Demand
Iron ore futures in China are currently trading above CNY 710 per ton, recovering from recent weakness as renewed supply concerns provide support despite continuing pressure from China’s steel and construction sectors. The market is being pulled in opposite directions. Potential supply disruptions in Brazil and rising shipping costs for smaller Brazilian producers are tightening […]
by Currency Hedger
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- 1 month ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee Holds Near 95.6 as Lower Oil and RBI Support Counter Foreign Capital Outflows
The Indian rupee is currently hovering around 95.6 per US dollar, stabilizing after three consecutive sessions of gains as softer crude oil prices and continued Reserve Bank of India support help contain currency volatility. The rupee is benefiting from a potentially more favorable energy-cost environment, while official intervention is providing additional stability as traders monitor […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Zinc Prices Slip Toward $3,880 as Stronger Dollar Meets Tightening Global Supply
Zinc prices are currently trading around $3,880 per ton, with a stronger US dollar creating near-term pressure on the market. Hawkish Federal Reserve commentary has supported the dollar, making dollar-denominated commodities more expensive for international buyers and limiting upward momentum across the base-metals complex. However, zinc’s downside is being constrained by a tightening physical supply […]
by Currency Hedger
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- 1 month ago
Currency Talk, USD
Rupiah Holds Near IDR 17,800 Ahead of BI Rate Call
The Indonesian rupiah hovered near IDR 17,800 per U.S. dollar on Wednesday, extending recent gains as traders awaited Bank Indonesia’s policy decision later today. Markets expect the central bank to leave its benchmark rate unchanged at 5.75% for a third straight month as policymakers balance currency stability against domestic growth amid heightened global macro pressures. […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Gold Price Under Pressure Below $4,350 as Fed Hawkishness Challenges Record Investment Demand
Gold is currently trading below $4,350 an ounce, with the precious metal remaining under pressure as a more hawkish Federal Reserve outlook offsets support from falling oil prices and exceptionally strong investment demand from China. The market is now balancing two competing forces: expectations that persistent inflation could keep US interest rates higher for longer, […]
by Currency Hedger
- 0 Comments
- 1 month ago