New Zealand Dollar gains momentum to near 0.5900, US NFP data looms
NZD, Technical Analysis, USD
New Zealand Dollar gains momentum to near 0.5900, US NFP data looms
The NZD/USD pair gathers strength to near 0.5895 during the Asian trading hours on Friday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) following Federal Reserve (Fed) Governor Christopher Waller’s remarks. Traders brace for the US August employment report later on Friday. Waller said on Thursday that he is leaning toward keeping interest rates steady at the […]
by Currency Hedger
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- 2 months ago
Institutional, JPY
Japan’s Katayama says will closely monitoring bond markets with heightened urgency
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the officials will closely monitoring bond markets with heightened urgency. Key quotes Interest rate shifts driven by multiple market factors. Closely monitoring bond markets with heightened urgency. No comment on specific levels. Will aim to gradually lower debt-to-GDP ratio. Have emphasized to global leaders our […]
by Currency Hedger
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- 2 months ago
Technical Analysis, USD
United States Dollar Index weakens as Fed’s Waller signals rate pause
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 99.00 during Asian hours on Friday. The Greenback is facing notable downward pressure following comments from Federal Reserve (Fed) Governor Christopher Waller, who indicated a preference for keeping […]
by Currency Hedger
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- 2 months ago
Metals, Technical Analysis
XAG/USD trades below $67.00 amid mixed setup as US NFP looms
Silver (XAG/USD) edges lower during the Asian session on Friday, snapping a two-day winning streak to the weekly high set the previous day. The white metal, however, lacks bearish conviction and currently trades below the $67.00 mark, down 0.30% for the day, as traders await the release of the closely watched US Nonfarm Payrolls (NFP) report. […]
by Currency Hedger
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- 2 months ago
AUD, Technical Analysis, USD
Australian Dollar strengthens on RBA hike odds
AUD/USD extends its gains for the third successive day, trading around 0.7210 during the Asian hours on Friday. The currency pair is gaining upward momentum as the Australian Dollar (AUD) finds firm support in robust economic growth data, which has heightened expectations of an imminent interest rate hike. Australia’s economy proved surprisingly resilient in the second […]
by Currency Hedger
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- 2 months ago
Energies
US Natural Gas Prices Increase
US natural gas futures rose to $2.92 per MMBtu on Friday after sliding 1.5% in the previous session, as investors weighed forecasts for hot weather and improving LNG export activity against ample domestic supplies. Hot weather across the continental US kept cooling demand elevated, supporting gas consumption for power generation. At the same time, average […]
by Currency Hedger
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- 2 months ago
CNH, USD
Chinese Yuan Hits 3-1/2-year High
The Chinese Yuan touched 6.71 against the USD, the highest since February 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.49%, and in the last 12 months, it decreased 5.75%.
by Currency Hedger
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- 2 months ago
KRW, USD
South Korean Won Rises to Over 1-Year High
The South Korean won traded around 1,355 per dollar, extending gains to its strongest level since early July 2025, as easing expectations for another US rate hike weakened the dollar and lowered Treasury yields. Fed Governor Christopher Waller indicated support for keeping rates steady if inflation continues to cool, prompting markets to reduce the probability […]
by Currency Hedger
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- 2 months ago
Commodities
Cattle Futures Rally
Live cattle futures were $2.45 to $4.125 higher at the Thursday close. Cash trade has picked up in the north this week at $345-350 dressed, steady on the week, with early live sales at $218. Some bids across the country were picked up at $219-220 on Thursday. The Thursday Fed Cattle Exchange online auction showed […]
by Currency Hedger
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- 2 months ago
Commodities
The Outlook for More Global Supply Weighs on Coffee Prices
December arabica coffee (KCZ26) closed down -2.75 (-0.92%) on Thursday, and November ICE robusta coffee (RMX26) closed down -32 (-0.94%). Coffee prices extended their week-long slide on Thursday, with arabica dropping to a 1-month low and robusta falling to a 3-month low. Coffee prices have sold off sharply over the past week on the outlook […]
by Currency Hedger
- 0 Comments
- 2 months ago