Pipwise

U.S. Dollar Holds Steady Amid Interest Rate Speculation; Kiwi Drops Post-RBNZ Cut

Facebook LinkedIn Dollar Stabilizes as Investors Assess U.S. Interest Rate Outlook; Kiwi Falls Post-RBNZ Decision The U.S. dollar moved sideways on Wednesday, offering a breather to major currencies like the yen, following a sharp rally to a seven-week high last week. Investors are closely monitoring the U.S. interest rate outlook. New Zealand Dollar Drops to […]

Impact of Fed Rate Outlook and Middle East Tensions on the U.S. Dollar

Facebook LinkedIn Dollar Holds Firm Near Seven-Week High Amid U.S. Rate Outlook and Rising Middle East Tensions The U.S. dollar remains strong, hovering near seven-week highs against major global currencies. This comes as investors reassess the Federal Reserve’s interest rate outlook following last week’s strong U.S. jobs report, which dampened expectations for large rate cuts. […]

Japan’s Yen Hits Two-Month Low Amid Dollar Rally and Geopolitical Unrest

Facebook LinkedIn On Monday, Japan’s yen fell to its lowest level in nearly two months, reflecting broader losses among major global currencies. The U.S. dollar continued to strengthen after Friday’s strong U.S. jobs report and increasing tensions in the Middle East. The yen briefly touched 149.10 per dollar, the weakest since August 16, before recovering […]

Analyzing the Impact of U.S. Economic Indicators on Currency Movements

Facebook LinkedIn On Friday, the U.S. dollar experienced a slight decline, pulling back from a six-week high. This movement comes just before the release of a significant jobs report, which may influence market sentiment leading up to the Federal Reserve’s next meeting. Current Dollar Index StatusAs of 04:25 ET (08:25 GMT), the Dollar Index, which […]

Key Factors Driving the Indian Rupee’s Continued Decline

Facebook LinkedIn Indian Stock Market Braces for Subdued Opening Amid Middle East Tensions Indian stocks are poised for a muted start today, following Wednesday’s market holiday, as traders remain cautious amid rising tensions in the Middle East. Foreign investors have continued their selling streak for three consecutive days, likely influenced by the massive rally in […]

Federal Reserve Policy Shifts and Global Economic Changes Impacting Currency Markets

Facebook LinkedIn U.S. Dollar Strengthens as Powell Pushes Back on Large Rate Cuts The U.S. dollar firmed against major currencies on Tuesday after Federal Reserve Chair Jerome Powell signaled a slower pace for interest rate cuts. Powell’s remarks came during a conference in Tennessee, where he emphasized that the central bank would likely stick to […]

What Traders Should Watch as EUR/USD and Silver Surge Amid Weak US Dollar

Facebook LinkedIn EUR/USD Hits Yearly High, Silver Reaches 5-Month Peak Amid Weakening US Dollar The EUR/USD currency pair reached a yearly high of 1.1215 before retreating by around 80 pips, driven by stronger-than-expected US home sales data. Similarly, XAG/USD benefited from the weaker dollar, hitting a 5-month peak at $32.50. Fundamental Analysis As we approach […]

U.S. Dollar Holds Steady After Rally as Traders Focus on Fed’s Next Move

Facebook LinkedIn Dollar Holds Steady After Strong Rally as Traders Await Fed Policy Clues The U.S. dollar remained firm on Thursday, following its strongest rally since early June. Traders are closely watching upcoming speeches from Federal Reserve policymakers for insights into the pace of future interest rate cuts. Dollar Rebounds Amid Uncertainty Over U.S. Rate […]