AUDUSD recovers from weekly lows, faces key 200-hour MA test
The Australian dollar bounced from last week's lows near 0.7139, now testing the 200-hour moving average at 0.71635.
Major and emerging currency pairs, central bank policy, interest rate expectations and cross-border capital flows.
The Australian dollar bounced from last week's lows near 0.7139, now testing the 200-hour moving average at 0.71635.
ECB's Nagel said the global economy remains on a growth trajectory despite Middle East tensions and welcomed coordinated JPY intervention.
The US dollar strengthens against all major currencies as Treasury yields rise, with the euro zone core inflation easing and markets eyeing a September rate…
Bessent hints Japan must act after US intervention help, pushing BOJ and Takaichi on policy.
A senior MOF official stated that the BOJ sets policy independently, and confirmed that Katayama and Bessent discussed FX intervention and fiscal policy.
Japan and the US reaffirm cooperation on orderly yen moves at G20, but Tokyo avoids defining what orderly means.
Reuters expects the PBOC to set the yuan reference rate at 6.7170, a key signal for Asian FX markets.
Bessent met BOJ's Ueda and Japan's Katayama at G20, urged rate hikes. Yen strengthened on the remarks.
EURUSD bounced from support at the 100-day MA and 38.2% retracement, now testing a swing area ahead of the 200-day MA.
AUDUSD tests and bounces from 200-hour MA at 0.7157, increasing its importance.
USDCAD fell after failing to break above the 100-day moving average, remaining between key technical levels.
US dollar strengthens after Warsh's hawkish speech; NZD/USD pulls back. RBNZ expected to hike to 2.75%. Markets eye upcoming data and RBNZ decision.
More than 5,000 trading and fintech professionals are expected at iFX EXPO Asia 2026 in Hong Kong from 7–9 October.
Two FX option expiries are in focus on 31 August: EUR/USD at 1.1600 and USD/JPY at 159.65, with dollar sentiment and intervention risks as key drivers.
Indian rupee recovered on suspected RBI intervention after Friday's selloff. Strong dollar and oil prices remain headwinds.