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USD/MYR settles below 1-week high, posts weekly loss

January 17, 2026 2:53 pm
The USD/MYR currency pair settled below Friday’s high of 4.0610, its strongest level since January 9th, as the latest US macro data seemed to have curbed expectations for imminent interest rate cuts by the Federal Reserve. Initial claims for unemployment benefits in the US fell by 9,000 to the seasonally adjusted 198,000 for the week […] Read more

USD/SGD settles below 3 1/2-week high, posts weekly gain

January 17, 2026 8:41 am
The USD/SGD currency pair settled below Friday’s high of 1.2899, its strongest level since December 22nd, as the latest US macro data seemed to have curbed expectations for imminent interest rate cuts by the Federal Reserve. Initial claims for unemployment benefits in the US fell by 9,000 to the seasonally adjusted 198,000 for the week […] Read more

Rupee Slides as Dollar Strength and Policy Risks Drive USDINR Higher

January 16, 2026 12:52 pm
Key Moments The US Dollar strengthened after firmer Jobless Claims data cut year-end easing expectations to 48 bps from 54 bps. The Indian Rupee stays under structural pressure as RBI intervention has failed to halt further weakness. USDINR broke above resistance near 90.40, shifting focus toward the channel top around 92.00. Macro Backdrop: Dollar Regains […] Read more

Yen Volatility Persists as Political Dynamics and Intervention Risks Shape USD/JPY

January 16, 2026 10:58 am
Key Moments USD/JPY traded between a low of 157.97 and highs near 158.60-70 after comments from Japan finance minister Katayama. Katayama indicated that potential FX intervention is “included in an option in the US-Japan agreement,” hinting at coordination with Washington. Credit Agricole notes a possible “buy the rumour, sell the fact” effect around a snap […] Read more

Euro Retreats Against Dollar as Pair Retests 200-Day Moving Average

January 16, 2026 9:59 am
Key Moments EUR/USD has moved lower after being rejected near the upper boundary of its multi-month trading range around 1.1800/1.1830. The pair is currently testing the 200-day moving average, with Société Générale analysts flagging 1.1700 as a key resistance level that may cap any short-term rebound. Below current levels, potential support areas are highlighted near […] Read more

Kiwi Holds Above 0.5750 as Fed Cut Expectations Recede

January 16, 2026 9:32 am
Key Moments NZD/USD trades near 0.5755 in early European dealings as buyers emerge at lower levels. Stronger-than-expected US Initial Jobless Claims data supports the US Dollar and delays Fed rate cut expectations. RBNZ signals a potential end to its easing cycle, while keeping the door open to further cuts if growth disappoints. NZD/USD Holds Gains […] Read more

USD/CAD Pullback Tests Near-Term Supports Within Uptrend Channel

January 16, 2026 8:31 am
Key Moments USD/CAD trades near 1.3890 after three consecutive daily advances, holding within an ascending channel on the daily chart. The 14-day Relative Strength Index stands at 60, signaling bullish momentum while avoiding overbought territory. Key support is identified at the nine-day EMA around 1.3864 and the 50-day EMA near 1.3853, with resistance seen toward […] Read more

Sterling Slips Below 2.000 Against Aussie as Technical Downturn Deepens

January 16, 2026 7:52 am
Key Moments GBP/AUD closed below 2.000 for the first time since early 2025. As a result, a key technical break is now confirmed. UK November GDP rose 0.3%, beating forecasts of 0.1%. However, the gain relied on temporary factors such as higher car production. Bearish momentum and a risk-friendly market tone point to further downside. […] Read more

BofA Sees Korean Won Rebound in 2026 Despite Ongoing FX Headwinds

January 15, 2026 2:39 pm
Key Moments Bank of America projects the USD/KRW rate at 1,395 by the end of 2026, anticipating won appreciation from current levels. Persistent retail portfolio outflows are identified as the main force pressuring the Korean won lower. A recent capital gains tax cut on foreign equity sales and potential additional incentives are highlighted as key […] Read more