News

Asia FX: AI-driven support for regional currencies – MUFG

MUFG’s Michael Wan notes that improved risk sentiment and AI optimism around Meta’s Muse supported a slightly stronger Dollar and stable DM yields.

Source  Fxstreet1790104620
Ripple Price Forecast: XRP holds $1.50 as rising exchange reserves raise caution

Ripple (XRP) trades elevated above $1.52 on Tuesday despite experiencing a minor correction from the previous day’s high of $1.57. XRP framed the uptrend last week, rising alongside the broader bullish cryptocurrency market.

Source  Fxstreet1790080200
Swiss Franc: Range bias holds below resistance against US Dollar – UOB

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CHF trading with a mild downside bias in the short term, targeting support near 0.8190 while keeping 0.8155 intact.

Source  Fxstreet1790063314
Ripple Price Forecast: XRP bulls battle to retain control amid growing whale inflows

Ripple (XRP) ticks up and trades above $1.32 on Friday. Bulls are slowly returning to the market as dust from this week’s macro crosswinds and regulatory headwinds settles.

Source  Fxstreet1789734600

India FX Reserves, USD down to $780.78B in September 7 from previous $785.71B

Source  Fxstreet1789731029
Australian Dollar: Short-term range but path still lower against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes that AUD/USD has rebounded after an oversold slide, with intraday price action now expected between 0.7095 and 0.7130.

Source  Fxstreet1789724307
Euro extends gains, nearing 181.00 against Japanese Yen despite Ueda's hawkish comments

The Euro (EUR) extends gains against the Japanese Yen (JPY) on Friday, after some hesitation, amid the Bank of Japan (BoJ) Governor Ueda's hawkish rhetoric at the post-meeting press conference.

Source  Fxstreet1789717860
Forex Today: US Dollar holds gains as markets weigh Fed rate hike, BoJ move in focus

Here is what you need to know on Friday, September 18:

Source  Fxstreet1789710593
Ripple Price Forecast: XRP struggles to recover as retail demand fades

Ripple (XRP) remains in bearish hands on Thursday, trading near $1.30 while bulls defend a short-term moving average support cluster.

Source  Fxstreet1789648200
Forex Today: All eyes on BoE rate decision

Here is what you need to know on Thursday, September 17:

Source  Fxstreet1789627930
The Federal Reserve hikes to 4% with the 10-year yield at 5%

The Fed has raised its rate to 3.75-4.00%, its first increase since 2023 and its first move since the cut in December 2025. The rate it controls is the overnight one. Everything further out is set by people buying and selling bonds, and they have been selling.

Source  Fxstreet1789582456
XRP Price Forecast: XRP clings to 50-day EMA support after CLARITY Act setback

Ripple (XRP) trades lower around $1.28 on Wednesday, as investors broadly assess the impact of the failed United States (US) Senate vote on the CLARITY Act and the upcoming Federal Reserve (Fed) monetary decision. 

Source  Fxstreet1789564500
Swiss Franc: Watching break of 0.8205 against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating just below major resistance at 0.8205 after trading between 0.8164 and 0.8198.

Source  Fxstreet1789545568
Euro ticks higher against British Pound following UK CPI data

The Euro (EUR) edged up against a softer British Pound (GBP) after UK Consumer Prices Index (CPI) data revealed that inflation grew in line with market expectations in August.

Source  Fxstreet1789542426
Forex Today: US Dollar holds steady ahead of Fed rate decision

Here is what you need to know on Wednesday, September 16:

Source  Fxstreet1789541108
Forex Today: US Dollar firms as markets brace for Fed rate decision

The US Dollar Index (DXY) gained to 99.60 mark on Tuesday, and the bond market drove the move.

Source  Fxstreet1789501176
Ripple Price Forecast: XRP slips as liquidity improves, ETF inflows return

Ripple (XRP) is losing strength, trading below $1.40 on Tuesday. Although minor, the correction comes after a sharp move toward $1.50 the previous day and aligns with a lethargic outlook in the broader crypto market.

Source  Fxstreet1789472700
5.03%: US 10-year Treasury Yields hit fresh highs in over 19 years

United States (US) 10-year Treasury Yields have hit a fresh high of 5.03%, the level never seen in a little over 19 years. Higher yields on US bonds indicate rising interest obligations for the government, which generally leads to significant bond-buying operations by the administration.

Source  Fxstreet1789458356
Dogecoin Price Forecast: Clings to EMA support as recovery lacks conviction

Dogecoin (DOGE) hovers around $0.083 at the time of writing on Tuesday after finding support around the key support zone the previous day. Quiet institutional demand, along with mixed derivatives positioning, suggests fading interest in the dog-themed meme coin.

Source  Fxstreet1789452371
British Pound: Downside pressure persists against US Dollar - UOB

UOB’s Quek Ser Leang notes GBP/USD rebounded from 1.3479 to close at 1.3535 after an overdone drop, with intraday price action expected to consolidate between 1.3485 and 1.3540.

Source  Fxstreet1789380340
Euro extends losses against British Pound amid high Oil prices and risk-off markets

The Euro (EUR) opened the week in the same weak tone it closed the last one, as the British Pound (GBP) got a boost from strong UK Gross Domestic Product (GDP) and Industrial Production data.

Source  Fxstreet1789370921
Ripple Price Forecast: XRP extends decline as returning ETF inflows fail to lift outlook

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines.

Source  Fxstreet1789129800

India FX Reserves, USD: $785.71B (August 31) vs $740.8B

Source  Fxstreet1789126273
Euro retreats from weekly highs against British Pound as UK data beats expectations

UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June.

Source  Fxstreet1789107779
Chinese Yuan: Uptrend eyes breakout 6.7000 against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann keep a negative stance on USD/CNH around 6.7060, though recent price action has been confined to 6.7033–6.7074. They see current moves as range trading between 6.7030 and 6.7100 intraday.

Source  Fxstreet1789067617
Ripple Price Forecast: XRP sell-off risk deepens despite growing whale accumulation

Ripple (XRP) falls for the second straight day, trading at $1.37 on Thursday.

Source  Fxstreet1789041600
Swiss Franc: Range trading with limited momentum against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann keep a range-trading view on USD/CHF around 0.8100, after the pair held between 0.8065 and 0.8109 and closed near 0.8099. They now expect a slightly narrower 0.8060–0.8135 band to contain moves in the coming weeks.

Source  Fxstreet1789028834
Ripple and Stellar outlook: XRP rally cools, XLM heads toward a make-or-break support

Ripple (XRP) and Stellar (XLM) trade under pressure on Thursday after losing over 2% and 3% so far this week. XRP and XLM are both nearing their crucial support zones, which could determine the next directional move.

Source  Fxstreet1789013777
New Zealand Dollar extends losses below 0.5850 as Oil prices approach the $100 level

The New Zealand Dollar trades lower against the US Dollar (USD) for the third consecutive day on Wednesday, extending losses below 0.5850 to test four-week lows at the 0.5835 area.

Source  Fxstreet1788954949
Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless (USELESS) extends its upward trajectory, trading above $0.26 on Tuesday. The meme coin shows strong breakout potential after establishing firm support at $0.20, following an impressive 260% rally from lows near $0.15 on September 1 to a peak of approximately $0.32 last Saturday.

Source  Fxstreet1788870328
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