Forex
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Dollar in Limbo Ahead of CPI
Looking at Inflation: Will September’s Figures Bring the Fed Closer to Another Rate Hike? Today at 2:30 p.m., we’ll see…
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Chart of the Day – EUR/USD attempts to rebound ahead of US inflation data
EUR/USD is in focus today ahead of the US CPI release scheduled for 14:30 Polish time. The market expects inflation…
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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…
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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…
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EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
EUR/USD recovers further to near 1.1210 as the US Dollar corrects. Investors keenly await the US CPI data for September.…
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Offshore Yuan Outlook: Record Chinese Exports Support the Renminbi Near Multi-Year Highs
The offshore yuan is trading near 6.69 per US dollar, approaching its strongest level since July 2022 as robust external…
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Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar ticks higher against the US Dollar in the countdown to the US CPI data. According to estimates,…
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United States Dollar Index weakens to near 102.00 ahead of US CPI release
US Dollar Index weakens to around 102.15 in Wednesday’s Asian session. Fed’s Williams still sees one more rate hike this…
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British Pound strengthens above 1.3250, traders await US CPI inflation data
GBP/USD gains traction to near 1.3260 in Wednesday’s early Asian session. Traders see about a 77.3% chance that the Fed…
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New Zealand Dollar clings to gains near 0.5620 vs USD after China’s inflation data
NZD/USD attracts buyers for the second straight day, though it lacks strong follow-through. The recent pullback in US bond yields…
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