Traders price in a 30.5% chance of an immediate Fed rate hike, pressuring the USD while IDR faces central bank instability. The USD/IDR pair retreated to 18,120 in Asian trading Wednesday, reversing two days of gains as the US Dollar weakened ahead of the Federal Reserve’s
Iran fired ballistic missiles at US air base in Jordan The Iranian Islamic Revolutionary Guard Corps fired several ballistic missiles at a United States air base and the military Central Command centre in Jordan. The attack was confirmed in European trade on Wednes
The Indian Rupee weakens slightly after a three-day rally, pressured by rising oil prices and a stronger US Dollar. The Indian Rupee (INR) opened marginally lower against the US Dollar (USD) on Wednesday, halting a three-day winning streak. The USD/INR pair climbed to near
USD/INR rises to 95.85 after crude oil jumps 4.3%, pressuring India’s import-dependent economy amid geopolitical risks. The Indian Rupee (INR) retreated against the US Dollar (USD) in early trade Wednesday, halting a three-day rally. The USD/INR pair climbed to near 95.85
Traders remain cautious as the New Zealand Dollar trades sideways near 0.5860 support before the U.S. Federal Reserve meeting. The NZD/USD pair remains rangebound below 0.5900, failing to extend its overnight rebound from the 0.5860 support level. Market participants appea
Traders await the Federal Reserve’s policy statement and Chair remarks, keeping the New Zealand Dollar range-bound near 0.5860 support. The NZD/USD pair remains flat below the 0.5900 level during Wednesday’s Asian session, reflecting caution ahead of the Federal Open Marke
GBP/USD edges higher to 1.3300 The British Pound has gained ground against the US Dollar, with the currency pair trading around 1.3300 during Asian hours on Wednesday. The US Dollar is struggling ahead of the Federal Reserve's upcoming policy decision. The
GBP/USD climbs to 1.3300 as traders weigh a 30.5% chance of an immediate Fed rate hike amid geopolitical risks. The British Pound advanced against the US Dollar, trading near 1.3300 in Asian hours as the Greenback weakened ahead of the Federal Reserve’s policy decision. Ma
Markets price a 30% chance of a surprise Fed rate hike as the Dollar Index holds steady near 100.70-101.50. EUR/USD is expected to trade within a 1.1350-1.1420 range as the Federal Reserve's policy decision looms. The Dollar Index remains stable, hovering between 100.70 an
The currency pair trades above key EMAs but faces bearish pressure from a rising wedge pattern near 187.00 resistance. EUR/JPY remains steady around 186.60 in Asian trading, maintaining a bullish near-term bias above its nine- and 50-period EMAs. The 14-day RSI at 60 suppo
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