Forex
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The CAD moves little despite weaker US Dollar, higher oil prices
USD/CAD may depreciate as rising crude prices could support the Canadian Dollar. Middle East tensions and Strait of Hormuz transit…
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South Korean Won Nears Two-Year High
The South Korean won traded at around 1,345 per dollar, reaching its strongest level since October 2024, as strong export…
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Japan Forex Reserves Post Record Drop
Japan’s foreign reserves fell by a record USD 79.6 billion, or 6.18%, to USD 1.208 trillion at the end of…
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Dollar Holds Steady as Fed Outlook Mulled
The dollar index held above 99 on Monday after rebounding slightly in the previous session, supported by stronger-than-expected US jobs…
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New Zealand Dollar Edges Lower
The New Zealand dollar edged down to $0.586 on Monday after falling 0.6% last week, as the Reserve Bank of…
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Australian Dollar Holds at 4-Month Top
The Australian dollar held above $0.72, near a four-month high as growing expectations of another interest rate hike by the…
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Yen Holds Rally on Hawkish BOJ Bets
The Japanese yen traded around 156 per dollar on Monday after gaining more than 2% last week, supported by growing…
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USD/CHF Price Forecast: NFP rally stalls at 0.8100, retraces
USD/CHF clears 50-day SMA after strong US payrolls. Bullish RSI supports recovery, but sideways trading likely persists. Break above 0.8150…
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Mexican Peso Hits Highest Level Since 2024
The Mexican peso strengthened to around 16.89 per US dollar in September, reaching its highest level since May 2024. US…
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Trade of The Day – USD/ZAR
Facts US core CPI inflation fell to its lowest level since February (2.5%) in July. The 3-month annualised average fell…
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