EUR/USD Price Holds steady near 1.1450, bearish tone remains intact
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Holds steady near 1.1450, bearish tone remains intact
The EUR/USD pair trades on a flat note around 1.1465 during the early European trading hours on Thursday. Traders continue to assess the latest interest rate hike decision by the US Federal Reserve (Fed). The US Initial Jobless Claims report is due later on Thursday. The Fed raised the interest rates by a quarter-percentage point at its September meeting on […]
by Currency Hedger
- 0 Comments
- 2 months ago
KRW, Technical Analysis, USD
South Korean Won Crashes to Three-Week Low Near 1,380 as Fed Hike, Dollar Surge and Foreign Outflows Hit KRW
Today Markets Analysis The South Korean won weakened toward 1,380 per U.S. dollar, hitting a three-week low as a fresh Federal Reserve rate hike, hawkish U.S. monetary guidance and continued foreign selling of Korean assets combined to increase demand for the dollar. The move puts USD/KRW firmly back in focus as traders reassess the interest-rate […]
by Currency Hedger
- 0 Comments
- 2 months ago
Market Analysis, Metals, Technical Analysis
Copper Price Rebounds to $6.45 as Fed Rate Hike, AI Demand and Supply Risks Clash
Today Markets Analysis Copper futures climbed to around $6.45 per pound on Thursday, extending gains for a third consecutive session as the broader metals complex rebounded after the Federal Reserve delivered its widely anticipated interest-rate increase. The rally comes despite a more complicated macro backdrop. The Fed raised rates by 25 basis points and signalled […]
by Currency Hedger
- 0 Comments
- 2 months ago
Currency Talk
Rupiah Falls for Sixth Session After Fed Rate Hike
The Indonesian rupiah slipped toward IDR 17,750 per U.S. dollar on Thursday, extending its losing streak to six sessions as the dollar index climbed to a seven-week high after the U.S. Fed raised rates for the first time in three years and signaled it might tighten further this year to curb sticky inflation. Locally, attention […]
by Currency Hedger
- 0 Comments
- 2 months ago
CNH, Market Analysis, Technical Analysis
Offshore Yuan Rises to 6.70 as China Expands Yuan Clearing and Markets Await Trump-Xi Summit
Today Markets Analysis The offshore yuan edged higher toward 6.70 per US dollar on Thursday, extending a period of relative strength as China expands the infrastructure supporting direct yuan-based foreign-exchange trading. The move comes as the Shanghai Clearing House expands central-counterparty clearing for spot transactions involving the Singapore dollar, New Zealand dollar and Thai baht, […]
by Currency Hedger
- 0 Comments
- 2 months ago
Market Analysis, Technical Analysis
J.B. Hunt Stock Crashes 13% as Diesel Costs and Driver Expenses Squeeze US Transportation Stocks
Today Markets Analysis J.B. Hunt Transport Services (NASDAQ: JBHT) shares plunged around 13% on September 16 after CFO Brad Delco warned that third-quarter earnings could decline 5% to 10% from the second quarter. The warning exposed a much broader problem emerging across the U.S. transportation industry: fuel, labour and financing costs are rising faster than […]
by Currency Hedger
- 0 Comments
- 2 months ago
Commodities, Technical Analysis
Palm Oil Price Surges Above MYR 5,000 as Tight Supply, India Demand and Crude Oil Fuel Rally
Today Markets Analysis Malaysian palm oil futures surged more than 2.5% to around MYR 5,015 per tonne, extending their recent advance as trading resumed following a holiday. The rally is being driven by a powerful combination of tighter future supply expectations, strong Indian buying, a weaker Malaysian ringgit and crude oil prices above USD 100 […]
by Currency Hedger
- 0 Comments
- 2 months ago
Market Analysis, Metals, Technical Analysis
Zinc Price Falls Below $3,800 as Strong Dollar and Hawkish Fed Hit Metals, But Supply Shortage Limits Downside
Today Markets Analysis Zinc prices have come under renewed pressure, falling toward and below the $3,800-per-tonne area as a stronger US dollar and the Federal Reserve’s hawkish policy outlook weigh on industrial metals. The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, its first increase in more than three years, while policymakers […]
by Currency Hedger
- 0 Comments
- 2 months ago
Japan 10-Year Yield Holds Near 30-Year High
Japan’s 10-year government bond yield remained just below 3% on Thursday, staying near its highest level since September 1996 as investors awaited the upcoming Bank of Japan policy decision. The BOJ is widely expected to raise borrowing costs on Friday as policymakers contend with persistent inflationary pressures, with another rate increase anticipated by the end […]
by Currency Hedger
- 0 Comments
- 2 months ago
US 10-Year Yield Holds Steady at 5%
The yield on the 10-year US Treasury note traded around 5% on Thursday, staying close to its highest level since July 2007 after the Federal Reserve raised interest rates for the first time in three years and signaled further tightening this year to contain inflation. The FOMC unanimously lifted the fed funds rate by 25 […]
by Currency Hedger
- 0 Comments
- 2 months ago