This Wednesday, currencies move in scattered order. The Thai Baht and the US Dollar are strengthening, while the Australian Dollar is falling. The Indian rupee is expected to fall and the return is up.

The baht was up 0.21% to 33.77 against the dollar. At 02:06 GMT, the baht was up 0.21% to 33.77 against the dollar, after trading in a range of 33.770 to 33.890. The dollar index rose to almost 108 during trading hours in Asia, after comments from US President Donald Trump brought attention back to tariffs

The Australian dollar hit its lowest level in a week on Wednesday, as a surprisingly low reading of domestic inflation fuelled bets on a short-term drop in interest rates, driving down bond yields. The New Zealand dollar fell to $0.5657, after losing 0.5% the previous session. The resistance is at the recent high of $0.5723, with support at $0.5646 and $0.5561

The Indian rupee is expected to open lower on Wednesday, weighed down by renewed concerns about US tariffs and increased chances that the Reserve Bank of India will cut interest rates next week. The 1-month undeliverable futures contract indicated that the rupee would open at 86.56-86.58 per US dollar, up from 86.5225 in the previous session. The rupee managed to strengthen past 86.20

The South African rand rose slightly on Wednesday ahead of the US Federal Reserve's interest rate decision. At 706 GMT, the rand traded at 18.66 against the US dollar, about 0.1% firmer than its previous close. On Thursday, domestic investors will turn their attention to the first interest rate decision by the South African Reserve Bank (SARB) for 2025