USD/PGK 4.24169

Market Overview

Market Overview The USD/PGK pair closed at 4.24169, slightly down from the previous close of 4.24193, continuing its downtrend with a 30-day return of -0.08%. The pair has traded within a narrow range between 4.22656 and 4.26437, reflecting subdued volatility. Near-term forecasts suggest the pair will remain between 4.22 and 4.26, influenced by US monetary policy and commodity price trends affecting Papua New Guinea. Technical indicators show the 20-day SMA at 4.2414, with the 5-day SMA slightly below it at 4.2389, confirming bearish momentum. The RSI is moderate, while support lies near 4.23 and resistance around 4.26. No major economic events are scheduled imminently to disrupt this pattern. For information only. Last Updated 12/4/25