Saudi Arabia Industrial Output Slumps 23.5% in August
Saudi Arabia Industrial Output Slumps 23.5% in August
Industrial production in Saudi Arabia plunged 23.5% year-on-year in August 2026, following an upwardly revised 8.3% drop in the previous month. The oil sector slumped 33.66% after an 11.4% drop in July, largely reflecting steeper declines in both the extraction of crude petroleum and natural gas (-35.8% vs. -10.9%) and the output of coke and […]
by Currency Hedger
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- 4 weeks ago
EUR, Market Analysis, Technical Analysis
EUR/USD Forecast: French Budget Risks and ECB Support Shape the Euro Outlook
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The euro faces a complex outlook as concerns over France’s public finances and political uncertainty continue to influence European bond markets. Rising French government bond spreads have increased scrutiny of fiscal credibility, while the European Central Bank (ECB) has reiterated that it has instruments available […]
by Currency Hedger
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- 4 weeks ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Forecast: Yen Remains Under Pressure as Yield Gap Keeps 160 in Focus
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Japanese yen faces continued downside pressure as the wide interest-rate differential between the United States and Japan supports USD/JPY, while declining Japanese government bond yields limit the currency’s ability to recover. With the pair reported near 158.30, the dollar remains supported by elevated US […]
by Currency Hedger
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- 4 weeks ago
CNH, Market Analysis, Technical Analysis, USD
USD/CNH Forecast: Yuan Holds Near 6.70 as China Rejects Undervaluation Claims
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Chinese yuan remains in focus as Beijing pushes back against claims that its currency is undervalued, arguing that China’s export strength reflects industrial competitiveness rather than exchange-rate manipulation. The policy message comes amid growing trade tensions with the European Union, renewed scrutiny of China’s […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, NZD, Technical Analysis
US Dollar Index Forecast: DXY Stalls Below 102.50 as US Inflation Data Approaches
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The US Dollar Index (DXY) enters the coming sessions consolidating below the 102.50 resistance area, as persistent Federal Reserve hawkishness competes with weakening consumer confidence and uncertainty over the timing of further monetary tightening. With US inflation data, producer prices and retail sales scheduled for […]
by Currency Hedger
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- 4 weeks ago
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Forecast: Sterling Faces Pressure as US Inflation and UK Budget Take Centre Stage
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The British pound enters the week beginning 12 October 2026 holding near 1.3230 against the US dollar, but the broader technical picture remains under pressure. Sterling has struggled to build a sustained recovery as elevated US Treasury yields, persistent inflation concerns and expectations of further […]
by Currency Hedger
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- 4 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Forecast: French Fiscal Risks and US Inflation Data Put Euro Under Pressure
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The euro enters the week beginning 12 October under pressure as concerns over France’s public finances combine with a resilient US dollar and elevated bond yields. EUR/USD was trading near 1.1195 at the end of the previous week, with the pair heading towards a fifth […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
AUD, Market Analysis, Technical Analysis, USD
AUD/USD Forecast: Australian Dollar Gains as Fed Pause Expectations Offset Hawkish Signals
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Australian dollar is extending its weekly gains against the US dollar as expectations that the Federal Reserve will leave interest rates unchanged in October offset increasingly hawkish signals about the months ahead. AUD/USD advanced approximately 0.38% on Friday, securing a 0.58% weekly gain and […]
by Currency Hedger
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- 4 weeks ago
CommerzBank, Institutional
Chinese Yuan: PBoC defends yuan narrative – Commerzbank
Commerzbank’s FX team highlights that the People’s Bank of China rejected claims the yuan is undervalued, linking export strength to industrial competitiveness rather than currency manipulation. The central bank will start reporting FX operations to the IMF from 2027, while reserves slipped to USD3.40tn. In FX, USD/CNY fell 30 pips to 6.70, with USD/CNH little […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Institutional, MUFG
Chinese Yuan: PBoC stance and valuation debate guide currency path – MUFG
Halpenny highlights a new PBoC document defending China’s FX policy and rejecting claims that CNY drives its trade surplus, instead pointing to manufacturing competitiveness. He notes BIS REER data showing a 20% fall from the 2022 peak and IMF estimates of 12–20% undervaluation, suggesting CNY is undervalued but only partly explains China’s export strength. China […]
by Currency Hedger
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- 4 weeks ago