The Aussie Dollar is poised to end the week on a positive note versus the US Dollar, up 0.21% as improved risk appetite keeps AUD/USD trading near 0.7124, closing near Friday's highs.AUD/USD Price Forecast: Technical OutlookAfter breaching the June … [Continue reading]
Chinese Yuan: Pre-summit support and firmer bias – DBS
Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill from China ahead of the Trump–Xi … [Continue reading]
NZD/USD Price Forecast: Kiwi reversal puts 0.5700 under pressure
The New Zealand Dollar (NZD) turns negative on Friday, down 0.11% against the US Dollar (USD), in a week that saw the Federal Reserve's (Fed) first rate hike in three years, which underpinned the Greenback against most G8 FX currencies. The NZD/USD … [Continue reading]
Malaysian Ringgit: External pressure but scope for reversal – OCBC
Christopher Wong at OCBC writes that the Malaysian Ringgit weakened during Thursday’s Asian session on a firmer US Dollar and higher US Treasury yields after the FOMC, with USD/MYR briefly trading above 4.10 in an orderly move. He notes some pressure … [Continue reading]
Silver Price Forecast: Mild bullish bias holds, but trend strength stays weak
Silver (XAG/USD) trades on the front foot on Friday as the US Dollar reverses its intraday gains, with traders booking profits following the Greenback’s strong weekly advance. At the time of writing, XAG/USD trades around $66.76, its highest level … [Continue reading]
European Central Bank: Quarterly hikes still baseline – Nordea
Nordea’s team sees the European Central Bank delivering two more 25bp rate hikes, in December and March 2027, despite more aggressive market pricing. They note higher energy costs and Middle East risks but still view a gradual, quarterly hiking path … [Continue reading]
Why Bitcoin’s over 30% rebound doesn’t mean the bear market cycle is done
Bitcoin (BTC) has staged a strong recovery after falling to a yearly low of $57,800 in July, gaining nearly 33% and recording two consecutive months of gains in July and August.But despite that rebound, Bitcoin remains around 40% below its all-time … [Continue reading]
Swiss Franc gains ground as easing US Yields pressures Greenback
USD/CHF extends its losses for the second successive day, trading around 0.8230 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) faced challenges from falling oil prices, which helped ease broader inflation concerns.Easing … [Continue reading]
Bank of Japan is set to raise interest rates as inflation pressures build
The Bank of Japan’s (BoJ) monetary policy meeting will close a week packed with central bank decisions on Friday, with markets particularly interested in confirming expectations of a hawkish shift that has boosted a strong Japanese Yen (JPY) recovery … [Continue reading]
Thai Baht: Electronics boom offers limited FX support – MUFG
MUFG’s Lloyd Chan remains cautious on the Thai Baht, keeping the USD/THB forecast at 34.00 by year-end. The report argues that Thailand’s electronics export boom is offset by deteriorating terms of trade, weak GDP growth, low Bank of Thailand rates, … [Continue reading]