German Industrial Output Rises Most in 17 Months
German Industrial Output Rises Most in 17 Months
Germany’s industrial production rose 2.0% month-on-month in August 2026, exceeding market forecasts for a 0.5% increase and rebounding from a revised 1.2% drop in July. This marked the strongest growth since March 2025, mainly driven by a 9.3% advance in the construction sector, with increases in specialized construction and finishing trades (13.1%) and mechanical engineering […]
by Currency Hedger
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- 2 days ago
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Holds Near IDR 17,900 as Reserves Support Currency
The Indonesian rupiah remains around IDR 17,900 per U.S. dollar as stable foreign-exchange reserves, resilient domestic activity and continued intervention from Bank Indonesia provide support for the currency. However, an elevated U.S. dollar and still-high U.S. Treasury yields are limiting the rupiah’s ability to strengthen significantly. September foreign-exchange reserves remain around USD 146.3 billion, keeping […]
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- 2 days ago
Japan Leading Index Highest Since 2014
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, increased to 118.0 in August 2026 from a marginally revised 117.6 in July, slightly below expectations of 118.1, preliminary estimates showed. It was the highest level since January 2014, supported by […]
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- 2 days ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USD
The USD/JPY pair touches a one-and-a-half-week high, around mid-158.00s during the Asian session on Wednesday, with bulls shrugging off fears about a potential government intervention to support the Japanese Yen (JPY) and taking cues from resurgent US Dollar (USD) demand. Despite signs of moderating inflation and a cooling labor market, traders are still pricing in […]
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- 2 days ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Downside pressure could intensify below 1.3180
The British Pound (GBP) trades 0.18% lower at around 1.3248 against the US Dollar (USD) during the early European trading session on Wednesday. The GBP/USD pair is under pressure as the US Dollar outperforms ahead of the release of Federal Open Market Committee (FOMC) minutes of the September policy meeting at 18:00 GMT. As of […]
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- 2 days ago
CHF, Market Analysis, USD
Swiss Franc declines ahead of release of Foreign Currency Reserves data
USD/CHF extends its gains for the third consecutive day, trading around 0.8330 during Asian hours on Wednesday. Switzerland’s seasonally-adjusted Unemployment Rate was unchanged at 3.1% for the fifth month in a row in September. Foreign Currency Reserves for September will be eyed later in the day. Franc support persists as France debt worries overshadow SNB […]
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- 2 days ago
INR, Market Analysis
USD/INR remains broadly muted after RBI’s 25 bps hike in Repo Rates to 5.5%
The Indian Rupee ((INR) remains broadly muted at around 96.37 against the US Dollar (USD) after the Reserve Bank of India’s (RBI) monetary policy decision. In the policy meeting, the RBI decide to hike its Repo Rate by 25 basis points (bps) to 5.5%, the first hike since February 2023. In the policy statement, RBI […]
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- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Slips below 178.00 after pulling back from nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below […]
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- 2 days ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Strengthens Toward 2024 High as Semiconductor Exports Drive Dollar Selling
The South Korean won is trading around 1,338 per dollar, approaching its strongest level since October 2024 as persistent dollar selling from semiconductor exporters strengthens demand for the Korean currency. Thin holiday liquidity is amplifying the impact of corporate dollar flows, allowing the exchange rate to move toward the mid-to-high 1,330s. The won is also […]
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- 2 days ago
Breaking: RBI lifts the Repo Rate by 25 bps to 5.5% in October, as expected
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced on Wednesday that it raised the benchmark Repo Rate by 25 basis points (bps) to 5.50% from 5.25% following the conclusion of the October monetary policy meeting. The decision came in line with the market expectations. Comments from RBI Governor Sanjay Malhotra Global growth […]
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- 2 days ago