British Pound softens as US Dollar gains despite easing Fed rate hike odds
GBP, Market Analysis, Technical Analysis, USD
British Pound softens as US Dollar gains despite easing Fed rate hike odds
GBP/USD inches lower after posting modest gains in the previous day, trading around 1.3240 during Asian hours on Monday. The currency pair is under downward pressure as the US Dollar (USD) gains strength ahead of the upcoming US ISM Services Purchasing Managers Index release. However, market participants have scaled back expectations for an upcoming Federal […]
by Currency Hedger
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- 4 days ago
EUR, Market Analysis, Technical Analysis, USD
Euro softens below 1.1250 on France’s fiscal risk
The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France’s shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday. French Prime Minister Sébastien Lecornu’s minority government unveiled a highly […]
by Currency Hedger
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- 4 days ago
Institutional, Market Analysis
BoJ’s Uchida: AI has become a major focus among central banks, including at BoJ policy meetings
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings. Key quotes Adoption of AI could have both positive and negative effects on productivity and labor markets. AI has become a major focus among central banks, […]
by Currency Hedger
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- 4 days ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar languishes near April 2025 lows as USD bulls look past weak NFP report
The USD/CAD pair holds steady above mid-1.4200s during the Asian session on Monday, trading near its highest level since April 2025, set last week. Moreover, the supportive fundamental backdrop seems tilted in favor of bulls and backs the case for an extension of the recent well-established uptrend witnessed over the past month or so. The […]
by Currency Hedger
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- 4 days ago
Market Analysis, Metals, Technical Analysis
Gold holds gains above $4,150 as traders trim bets on Fed rate hikes
Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD). Traders trim bets on US Federal Reserve (Fed) rate hikes after jobs data. US NFP rose by 29K in September, according to […]
by Currency Hedger
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- 4 days ago
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar Remains Under Pressure as US Dollar Strength and Energy Costs Weigh
The New Zealand dollar remains subdued around $0.559, close to its lowest level since November 2025, as continued US dollar strength weighs on the currency. While softer US employment data have reduced expectations for another Federal Reserve rate hike in the near term, the dollar continues to benefit from defensive demand and persistent uncertainty across […]
by Currency Hedger
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- 4 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Holds Near 158 as BOJ Tightening Expectations Meet Strong Dollar Pressure
The Japanese yen is holding around 157.8 per US dollar, remaining within a relatively narrow trading range as markets assess the outlook for Japanese monetary policy and await a series of economic releases. USD/JPY has traded sideways for approximately two weeks, reflecting a balance between growing expectations that the Bank of Japan could raise interest […]
by Currency Hedger
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- 4 days ago
Treasury Yields Ease as Fed Hike Bets Recede
The US 10-year Treasury yield eased to around 5.25% on Monday, while the 30-year yield slipped toward 5.6% as traders scaled back expectations for an imminent Federal Reserve rate hike following weaker-than-expected US jobs data. Data released Friday showed the US economy added just 29,000 jobs in September, well below expectations of 90,000, after August’s […]
by Currency Hedger
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- 4 days ago
Energies, Market Analysis, Technical Analysis
Oil Prices Ease as OPEC+ Holds Output Steady While Middle East Risks Persist
Crude oil prices are easing below $91 per barrel as markets balance renewed Middle East supply risks against the decision by OPEC+ to leave production quotas unchanged next month. The latest move comes as geopolitical tensions remain elevated across the region, with developments around Yemen and the Red Sea creating additional uncertainty over crude transportation […]
by Currency Hedger
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- 4 days ago
Irish Services Growth Slows to 4-Month Low
The AIB Ireland Services PMI declined to 54.1 in September 2026 from August’s eight-month high of 55.4, marking the lowest reading since May. It marked an easing in services-sector growth for the first time since April and slipped below the long-run average. However, demand strengthened, supported by broad-based growth across sectors for the second month […]
by Currency Hedger
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- 4 days ago