Forex
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South Korean Won Crashes to Three-Week Low Near 1,380 as Fed Hike, Dollar Surge and Foreign Outflows Hit KRW
Today Markets Analysis The South Korean won weakened toward 1,380 per U.S. dollar, hitting a three-week low as a fresh…
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Rupiah Falls for Sixth Session After Fed Rate Hike
The Indonesian rupiah slipped toward IDR 17,750 per U.S. dollar on Thursday, extending its losing streak to six sessions as…
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Offshore Yuan Rises to 6.70 as China Expands Yuan Clearing and Markets Await Trump-Xi Summit
Today Markets Analysis The offshore yuan edged higher toward 6.70 per US dollar on Thursday, extending a period of relative…
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Australian Dollar Slides Below $0.71 as Hawkish Fed, Strong US Dollar and Rising RBA Rate Bets Clash
Today Markets Analysis The Australian dollar is holding below $0.71, close to a four-week low, as renewed US dollar strength…
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New Zealand Dollar Slumps Toward $0.57 as Hawkish Fed, Strong US Dollar and Wide Rate Gap Pressure NZD
Today Markets Analysis The New Zealand dollar traded around $0.571, close to a more than two-month low, as a hawkish…
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US Dollar Surges to Seven-Week High as Hawkish Fed Signals More Rate Hikes and Inflation Risks Persist
Today Markets Analysis The U.S. dollar remained around 100.3 on Thursday, holding close to a seven-week high after the Federal…
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Japanese Yen Slides to 156 as Hawkish Fed, Strong Dollar and BOJ Rate-Hike Expectations Drive Volatility
Today Markets Analysis: The Japanese yen remained under pressure on Thursday, trading around 156.1 per US dollar after three consecutive…
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EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day
EUR/USD trades cautiously at around 1.1545 ahead of the Fed’s policy decision. The Fed is almost certain to hike interest…
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USD/CHF Falls Toward 0.8180 Despite Fed Rate Hike Bets as Swiss Growth Outlook Improves
Today Markets Analysis: The US Dollar is losing ground against the Swiss Franc, with USD/CHF trading around 0.8180 on Wednesday,…
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USD/INR Near 96 as Fed Rate Hike and India Inflation Put Rupee Under Pressure
Today Markets Analysis: The Indian Rupee remains under pressure against the US Dollar, with USD/INR trading around 95.93 and close…
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