July 17, 2026 6:17 am
Key Moments GBP/USD trades around 1.3470 in Friday’s Asian session as risk-off sentiment weighs on the pair. The US conducts a sixth consecutive day of strikes against Iran, intensifying geopolitical tensions in the Middle East. Markets fully price in a Bank of England rate hike by November, with a second move anticipated by April 2027. […]
Read moreJuly 17, 2026 5:49 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity rate at 6.7934. The new fixing compared with the previous day’s level of 6.7909. The reference rate diverged from a Reuters estimate of 6.7734. Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBoC) set the central USD/CNY reference rate […]
Read moreJuly 16, 2026 1:24 pm
Key Moments EUR/GBP traded around 0.8475 during early European hours on Thursday as the Euro outperformed the Pound. UK GDP rose 0.1% MoM in May after a 0.1% decline in April, matching expectations and offering limited support to GBP. Money markets fully priced in a Bank of England rate hike by the November meeting, with […]
Read moreJuly 16, 2026 9:03 am
Key Moments EUR/USD trades steadily above 1.1450 in the Asian session, consolidating gains to its strongest level since June 18. US Dollar remains pinned near a four-week low after a 0.3% drop in June PPI and a soft CPI print reduce expectations for an imminent Fed rate hike. Escalating US-Iran tensions and higher oil prices […]
Read moreJuly 16, 2026 8:18 am
Key Moments AUD/JPY traded around 113.45 in early European hours on Thursday, easing below 113.50 but still holding a constructive near-term tone. Comments from Japan’s Finance Minister and Bank of Japan officials underpinned the Japanese Yen, highlighting readiness for policy action and concerns over stimulus timing. Key technical levels center on resistance near 113.70 and […]
Read moreJuly 16, 2026 7:29 am
Key Moments USD/JPY retreats toward 162.15 during Asian trading on Thursday as the Yen appreciates. Japan’s Finance Minister Satsuki Katayama reiterates authorities are prepared to intervene in currency markets “anytime as needed.” U.S. Producer Price Index rises 5.5% YoY in June, below the revised May figure of 6.0% and market expectations of 6.2%. Yen Firms […]
Read moreJuly 16, 2026 7:21 am
Key Moments XAG/USD trades near $57.00 per troy ounce, marking a second straight day of declines during Asian hours on Thursday. Softer June US CPI at 3.5% and PPI at 5.5% eased immediate rate-hike fears and pushed September Fed hike odds down to about 44%. Rising US-Iran tensions in the Strait of Hormuz are lifting […]
Read moreJuly 15, 2026 1:54 pm
Key Moments Check Point Software Technologies shares fall nearly 5.0% in pre-market trading after a downgrade from Raymond James. Raymond James cites weakening bookings, emerging customer churn, and execution issues tied to personnel changes. The decline follows a roughly 27% six-month slide and disappointing first-quarter 2026 product revenue ahead of Q2 results on July 30. […]
Read moreJuly 15, 2026 1:37 pm
Key Moments Wheat futures were trading 15 to 22 cents higher across major exchanges early Wednesday following Tuesday’s advance. Russian attacks on Ukrainian ports and US strikes on Iran, which also damaged a wheat storage facility, coincided with continued limits on exports through the Kerch Strait. NASS reported 67% of the US winter wheat crop […]
Read moreJuly 15, 2026 1:24 pm
Key Moments Conagra Brands (NYSE:CAG) is falling 4.6% in pre-market trading to $13.50 after issuing fiscal 2027 guidance below analyst expectations. The company forecast full-year adjusted EPS of $1.40-$1.50 and a 1%-3% decline in organic net sales, versus a 0.4% decline in fiscal 2026. The board approved a 50% cut to the quarterly dividend to […]
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