South Korea’s won outperforms peers as AI-driven chip demand and coordinated FX intervention lift the currency against the USD. The South Korean won is the top-performing Asian currency this week, driven by robust semiconductor demand and reported foreign exchange interven
Traders reduce Federal Reserve rate-hike expectations after disappointing US jobs data, lifting EUR/USD to a seven-week high. EUR/USD climbed to 1.1562 on Friday, approaching its 100-day simple moving average, as the US Dollar weakened. The move follows a softer-than-expec
The currency pair rises to 1.1562, its highest in seven weeks, as weaker US jobs data fuels Fed policy easing expectations. EUR/USD climbed to 1.1562 on Friday, extending a rebound from late-July lows below 1.1400, as a softer US Dollar followed disappointing US Nonfarm Pa
Standard Chartered raises 2026 GDP outlook to 5.3% after stronger-than-expected H1 performance despite lingering headwinds. Indonesia’s economy expanded 5.3% year-on-year in the second quarter, decelerating from 5.6% in Q1 but exceeding market expectations of 5.1%. The slo
July US payrolls fell 23K versus 80K expected, pushing the dollar lower and lifting the New Zealand dollar amid reduced Fed tightening odds. NZD/USD climbed 0.36% to 0.5890 after US Nonfarm Payrolls dropped 23K in July, missing forecasts of 80K jobs. Revisions subtracted a
The Australian dollar climbed above 0.7070 as weaker-than-expected US nonfarm payrolls data weighed on the USD. The AUD/USD pair reached its highest level in nearly two months, trading above 0.7070 on Friday. The move followed the release of US nonfarm payrolls data, which
US Nonfarm Payrolls fell 23K in July, missing forecasts and sparking broad USD selling, lifting the Australian dollar. The AUD/USD pair climbed to nearly two-month highs above 0.7070 after US Nonfarm Payrolls contracted by 23K in July, defying expectations of an 80K gain.
The currency pair reached a multi-week high as geopolitical optimism and US inflation data drive market sentiment. EUR/USD climbed to 1.1560, marking its highest level in weeks, as optimism over potential Middle East conflict de-escalation buoyed risk appetite. The pair’s
Weaker-than-expected US Nonfarm Payrolls data drives the US Dollar lower, lifting the Swiss Franc to 0.8080. The Swiss Franc strengthened against the US Dollar on Friday after US Nonfarm Payrolls (NFP) data came in below forecasts, weakening the USD. USD/CHF dropped 0.53%
July’s US Nonfarm Payrolls fell 23K, undershooting forecasts of 80K and weighing on the Dollar Index. The US Dollar weakened against the Swiss Franc on Friday after July Nonfarm Payrolls declined by 23K, missing economists’ expectations of an 80K gain. June’s figure was al
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