New Zealand Dollar Price Forecast: NZD/USD Tests 0.5700 as US-China Summit Approaches
NZD, Technical Analysis, USD
New Zealand Dollar Price Forecast: NZD/USD Tests 0.5700 as US-China Summit Approaches
The New Zealand dollar begins Monday trading near $0.5720, close to a more than two-month low, as markets assess the outlook for US-China trade relations ahead of the scheduled September 24 Trump-Xi summit. The NZD/USD pair remains under pressure after falling toward the 0.5700 area, with the stronger US Dollar, expectations for further Federal Reserve […]
by Currency Hedger
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- 3 weeks ago
USD
Dollar Steadies as Markets Await Fed Remarks
The dollar index steadied around 100.2 on Monday after surging last week, with investors awaiting several appearances by Federal Reserve officials this week for further clues on the outlook for monetary policy. On Sunday, Minneapolis Fed President Neel Kashkari said inflation remains too high and that price pressures have spread beyond the initial oil-price shock […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Corn Price Forecast: Global Supply Deficit Supports Corn Futures Near 2023 Highs
Corn futures remain elevated near $5.30 per bushel, with December corn recently trading around $5.27-$5.30 after retreating from the September advance. The market remains supported by tightening global supply expectations, with the USDA forecasting global corn consumption to exceed production by nearly 30 million metric tons in 2026/27, potentially creating the largest global production deficit […]
by Currency Hedger
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- 3 weeks ago
China 10Y Yield Hits Over 1-Year Low
China’s 10-year government bond yield fell to around 1.67% on Monday, hitting its lowest level since July 2025, after the People’s Bank of China kept its benchmark lending rates unchanged for a 16th straight month at record lows. The one-year loan prime rate (LPR) was maintained at 3.0%, while the five-year LPR was held at […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Wheat Climbs Nearly 2% as US-China Trade Optimism Raises Prospects for Agricultural Demand
Wheat climbed nearly 2% toward $7.30 per bushel in mid-September, rebounding from a three-week low recorded on September 18, as renewed US-China trade engagement increased optimism ahead of the planned Trump-Xi summit. Officials from both countries, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, met over the weekend. Bessent described […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals
Copper Extends Rally for Fifth Session as Chinese Demand Strengthens and Mine Disruptions Tighten Supply
Copper futures climbed to around $6.65 per pound on Monday, extending gains for a fifth consecutive session as stronger indicators of Chinese demand and concerns over tightening global supply continued to support the market. The Yangshan copper premium, an important indicator of physical copper demand in China, rose to $121 per tonne last week, its […]
by Currency Hedger
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- 3 weeks ago
Currency Talk, USD
Rupiah Holds Near IDR 17,810 as BI Meeting Looms
The Indonesian rupiah was little changed on Monday, hovering near IDR 17,810 per U.S. dollar after a seven-session losing streak, as traders positioned for Bank Indonesia’s policy decision this week. The central bank will begin its two-day meeting Tuesday, after leaving key rates unchanged at 5.75% for a second straight month in August following 100bps […]
by Currency Hedger
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- 3 weeks ago
JPY, Technical Analysis, USD
USD/JPY Outlook: Japanese Yen Rebounds as BoJ Intervention Fears Intensify Near 158 Resistance
The Japanese yen staged a sharp recovery against the U.S. dollar on Friday, reversing a substantial portion of its earlier losses after reports that Bank of Japan officials had been checking yen prices with market dealers. The move came after the Bank of Japan raised its policy rate from 1.00% to 1.25%, but the yen […]
by Currency Hedger
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- 3 weeks ago
Metals, Technical Analysis
Gold Price Outlook: XAU/USD Recovers Toward $4,400 as Dollar Rally Loses Momentum
Gold prices are heading into Monday trading with renewed upside momentum after XAU/USD rebounded 0.89% on Friday and climbed back toward $4,379, recovering from the nearly two-month low of $4,235 reached earlier in the week. The recovery is notable because it comes despite the Federal Reserve delivering a 25-basis-point rate hike, taking its benchmark interest-rate […]
by Currency Hedger
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- 3 weeks ago
JPY, Market Analysis, Technical Analysis
USD/JPY Outlook: Dollar Holds Above 156 as BoJ Rate Hike Fails to Lift the Yen
USD/JPY enters Monday trading with the US Dollar firmly supported against the Japanese Yen after the pair surged 0.63% on Friday and reached a daily high of 158.06 before pulling back toward 156.95-156.98. The Japanese Yen weakened despite the Bank of Japan (BoJ) raising its policy rate by 25 basis points to 1.25%, its highest […]
by Currency Hedger
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- 3 weeks ago