Forex
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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…
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EUR/USD Price Forecast: More downside likely below 1.1160
EUR/USD falls to near 1.1238 as the US Dollar regains ground. The US Dollar bounces back as US bond yields…
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Canadian Dollar edges lower on reviving USD demand; recovering oil prices limit losses
USD/CAD attracts some dip-buyers during the Asian session, though it lacks bullish conviction. Geopolitical risks and a fresh leg up…
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Euro weakens below 1.1250 on France’s debt fears
EUR/USD softens to around 1.1250 in Wednesday’s early Asian session. France’s fiscal concerns and political uncertainty exert some selling pressure…
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British Pound weakens as US Dollar advances ahead of FOMC Meeting Minutes
GBP/USD depreciates as rising oil prices fuel inflation concerns, boosting the US Dollar on Fed rate-hike expectations. BoE hawk Catherine…
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New Zealand Dollar resumes decline against US Dollar ahead of FOMC minutes
NZD/USD declines to near 0.5609 as the US Dollar bounces back. Hawkish Fed remarks and signs of recovery in oil…
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Japanese Yen Remains Under Pressure as US-Japan Yield Gap Supports the Dollar
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the…
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Australian Dollar Consolidates Near 0.70 as RBA and Fed Outlooks Drive the Next Move
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming…
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Chart of The Day – EUR/USD Drops to May 2025 Levels as German Industrial Production Slide
German industrial orders fell by 10.6% month-on-month in August, compared with analysts’ expectations for a 1% decline and a 2.5%…
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EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom
EUR/JPY could find initial support at the lower boundary of the channel around 176.60. The 14-day Relative Strength Index is…
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