Indonesian Rupiah Forecast: IDR Holds Near 17,890 as US Inflation and Capital Flows Drive Outlook
IDR, Market Analysis, Technical Analysis, USD
Indonesian Rupiah Forecast: IDR Holds Near 17,890 as US Inflation and Capital Flows Drive Outlook
The Indonesian rupiah trades near IDR 17,890 per US dollar, edging higher as Bank Indonesia continues to support the currency through intervention in domestic and offshore foreign exchange markets. However, the rupiah remains vulnerable to a broadly firm US dollar, tighter global financing conditions and shifts in foreign investor sentiment. Attention is turning to the […]
by Currency Hedger
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- 4 weeks ago
Hedging, Market Analysis, Metals, Technical Analysis
Steel Price Forecast: Weakening Global Demand Pushes Rebar Toward CNY 3,080 per Ton
Steel rebar futures move toward CNY 3,080 per ton, approaching two-month lows as a weaker global demand outlook weighs on the market. The World Steel Association has revised its forecast, now projecting global steel demand to contract by 0.1% in 2026, compared with its previous expectation of 0.3% growth. The downgrade highlights a slower-than-anticipated recovery, […]
by Currency Hedger
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- 4 weeks ago
Institutional, MUFG
Indian Rupee: RBI FX steps support INR but raise hedging costs – MUFG
MUFG’s Michael Wan explains that recent RBI FX measures have supported spot Indian Rupee, while temporarily disrupting derivatives liquidity. Offshore INR forward premiums fell sharply after restrictions on non-resident NDF access and higher hedge costs. These actions reduced speculative Dollar demand and helped INR rally, though at the expense of wider bid-ask spreads and less […]
by Currency Hedger
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- 4 weeks ago
Dankse Bank, Institutional
US Dollar: Fed inflation focus into October FOMC – Danske Bank
Danske Bank strategists highlight September Consumer Price Index (CPI as this week’s key US release, with headline and core inflation expected to edge higher year-on-year despite moderating monthly readings. The Fed will assess whether underlying price pressures are broadening, including those linked to AI investment. They believe only a clear upside inflation surprise would prompt […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
BoE’s Pill says a bit more sceptical about market pricing of four rate hikes over the next year
Bank of England (BoE) Chief Economist Huw Pill said on Wednesday that he is a bit more sceptical about market pricing of four rate hikes over the next year. Pill added that UK output and labor market have proven more resilient. Key quotes I am a bit more sceptical about market pricing of four rate […]
by Currency Hedger
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- 4 weeks ago
EUR, GBP, Market Analysis
Euro hits fresh 16-month lows against a firmer British Pound
The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes. The EUR/GBP pair has reached a fresh 16-month low at 0.8442 and shows a 1.92% decline in less than three […]
by Currency Hedger
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- 4 weeks ago
Institutional, UOB
Euro: Rebound tests key resistance band against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann highlight a strong EUR/USD rebound to around 1.1200 after recent oversold weakness. In the near term, they see scope for the Euro to challenge resistance at 1.1220, while a sustained break would signal that the month-long downtrend has stabilised. However, they still flag deeply oversold […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
INR, Market Analysis, Technical Analysis
Indian Rupee extends winning streak for third trading day on Wednesday
The Indian Rupee (INR) extends the rally against the US Dollar (USD) for the third trading day on Wednesday, driven by fresh Reserve Bank of India’s (RBI) measures to curb the US Dollar’s (USD) demand. In the opening trade, the USD/INR pair is down 0.35% to slightly below 95.00, the lowest level seen in over […]
by Currency Hedger
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- 4 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Forecast: Currency Strength Nears Two-Year High as Chip Exports Support KRW
The South Korean won trades around 1,337 per US dollar, approaching a recent two-year high as broad US dollar weakness and strong semiconductor export revenues support the currency. Continued conversion of overseas earnings into won is helping reinforce demand for the South Korean currency, while markets await fresh US inflation data for clues about the […]
by Currency Hedger
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- 4 weeks ago
Finnish Inflation Rate Highest Since 2024
Finland’s annual inflation rate rose to 2.5% in September 2026 from 2.2% in the previous month, marking the highest reading since February 2024. Price growth particularly accelerated for food and non-alcoholic beverages (1.9% vs 1.6% in August), housing and utilities (1.6% vs 1.3%), and transport (8.9% vs 7.3%). Costs also rose at a faster pace […]
by Currency Hedger
- 0 Comments
- 4 weeks ago