Forex
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Indian Rupee Holds Near 95.6 as Lower Oil and RBI Support Counter Foreign Capital Outflows
The Indian rupee is currently hovering around 95.6 per US dollar, stabilizing after three consecutive sessions of gains as softer…
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Rupiah Holds Near IDR 17,800 Ahead of BI Rate Call
The Indonesian rupiah hovered near IDR 17,800 per U.S. dollar on Wednesday, extending recent gains as traders awaited Bank Indonesia’s…
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Offshore Yuan Weakens Toward 6.70 as US Dollar Strength and Trump-Xi Summit Shape the Yuan Outlook
The offshore yuan is currently trading around 6.70 per US dollar, extending its recent decline as a firmer greenback and…
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USD/JPY Price Forecast: Rises to near 158.00 near 50-day EMA
USD/JPY may find the immediate barrier at the 50-day EMA of 158.08. The 14-day Relative Strength Index at 53.48 indicates…
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Rupiah Inches Up as BI Signals FX Support
The Indonesian rupiah edged higher to near IDR 17,850 per U.S. dollar on Tuesday, snapping an eight-session losing streak after…
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AUD drifts higher above 0.7100 after RBA’s Bullock speech
AUD/USD edges higher to around 0.7120 in Tuesday’s early European session. RBA hawkish tone supports the Australian Dollar. Traders are…
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Swiss Franc gains as US Dollar declines on increased risk appetite
USD/CHF depreciates as the US Dollar loses ground amid improved risk-on sentiment. UOB Group strategists note strong momentum, but state…
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AUD/JPY Price Forecast: Sticks to gains above 112.00 as bulls await 50% Fibo. breakout
AUD/JPY trades with a positive bias for the seventh straight day amid a combination of supporting factors. The BoJ’s dovish…
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EUR/USD Forecast: Euro Faces Fresh Downside Risk as Hawkish Fed Signals Boost Dollar and 1.1445 Support Comes Under Pressure
EUR/USD traded higher toward 1.1475 during Tuesday’s early European session as the euro gained modest ground against the US dollar…
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South Korean Won Forecast: Won Rebounds as Falling Oil Prices and Strong Exports Support KRW
The South Korean won strengthened to around 1,360 per US dollar, recovering from four-week lows as a sharp decline in…
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