Hawkish RBA tone versus tech risk – ING

Hawkish RBA tone versus tech risk – ING

ING’s Francesco Pesole says AUD/USD remains under pressure from the tech-led equity sell-off, given the Australian Dollar’s high correlation with semiconductor stocks. Domestically, hotter core inflation should keep Reserve Bank of Australia communication hawkish, even without further hikes. Pesole stays optimistic on a move well above 0.70 in H2, though he flags near-term downside toward […]

Indian Rupee declines amid hawkish Fed bets, RBI pushes back rate hike fears

Indian Rupee declines amid hawkish Fed bets, RBI pushes back rate hike fears

The Indian Rupee (INR) trades lower against the US Dollar (USD) on Wednesday, with the USD/INR pair rising to near 94.85. The pair gains as the US Dollar posts a fresh annual high amid firm expectations that the Federal Reserve (Fed) will deliver at least two interest rate hikes this year. At press time, the […]

Nearing seven-month highs at 0.8125 amid wide US Dollar strength

Nearing seven-month highs at 0.8125 amid wide US Dollar strength

The US Dollar (USD) extends its rally against the Swiss Franc (CHF) for the sixth consecutive day on Wednesday, as a tech rout in stock markets and the first cracks in the US-Iran peace deal have boosted demand for the safe-haven USD. The pair has broken the late November 2025 high at the 0.8100 area […]