October 16, 2026 9:04 am
Key Moments USD/CAD trades around 1.4175-1.4170 in Asia, hovering just above a more than two-week low reached the prior day. Declining U.S. bond yields and neutral comments from Fed Chair Kevin Warsh keep the U.S. Dollar under pressure. Oil prices near a three-week high and a more hawkish tone from BoC Governor Tiff Macklem support […]
Read moreOctober 16, 2026 8:37 am
Key Moments EUR/JPY traded flat around 177.30 in early European hours on Friday as markets monitored potential Japanese intervention. BoJ board member Junko Koeda signaled less caution on rate hikes, reinforcing support for the Yen and a downside bias in the cross. Technical structure remains bearish below the 100-day moving average, with resistance near 178.20 […]
Read moreOctober 16, 2026 7:01 am
Key Moments Bitcoin trades near $82,106 while staying above its 50-day EMA at $80,443, preserving its broader uptrend. Ethereum changes hands around $2,435, holding above its 100-day and 200-day EMAs at $2,356 and $2,309 after a recent rebound. XRP trades at $1.330 below a tight cluster of key EMAs, highlighting soft momentum and elevated downside […]
Read moreOctober 16, 2026 6:54 am
Key Moments Gold trades sideways in Asian dealings as softer US Dollar and lower bond yields are offset by persistent Fed hike expectations. Market pricing reflects over a 90% probability of a Federal Reserve rate increase at the December policy meeting. XAU/USD remains capped below key Fibonacci resistance near $4,238, with support clustered around $4,115 […]
Read moreOctober 16, 2026 6:51 am
Key Moments GBP/USD trades near 1.3285 in Asian dealings, extending a sharp rebound from Wednesday’s 10-month low of 1.3137. Traders await comments from Fed Chair Kevin Warsh at a fireside chat with IMF Managing Director Kristalina Georgieva at 03:30 GMT, with the US Dollar seen vulnerable to volatility. BoE Governor Andrew Bailey acknowledges persistently high […]
Read moreOctober 16, 2026 6:42 am
Key Moments XAG/USD traded around $57.80 per troy ounce in Asian dealings on Friday, advancing for a second straight session.
Read moreOctober 16, 2026 6:08 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7220 for Friday’s session. The new fixing compared with a prior reference rate of 6.7253 from the previous trading day. The Friday fix differed from a 6.6947 Reuters estimate cited alongside the official rate. Latest USD/CNY Central Parity Setting On Friday, the […]
Read moreOctober 15, 2026 1:19 pm
Key Moments Norges Bank advanced a planned rate hike to September, citing inflation stuck above its 2% goal. Headline inflation is reported at 3.4% and core inflation at 3.0% year-on-year for September. Commerzbank’s Antje Praefcke views the “high for longer” rate stance as mildly supportive for the Norwegian Krone, while noting NOK remains largely tied […]
Read moreOctober 15, 2026 12:51 pm
Key Moments Walmart shares are up 2.6% in pre-open trading after Deutsche Bank upgraded the stock to Buy and lifted its price target to $136 from $113. Analyst Krisztina Katai highlighted Walmart’s positioning in a persistent inflation environment and the growth of higher-margin businesses as key drivers. Hotter-than-expected September inflation data has accelerated a broader […]
Read moreOctober 15, 2026 12:47 pm
Key Moments Brad Smith cautioned that restricting green-card access for skilled foreign workers could weaken U.S. technological competitiveness and push talent abroad, according to Politico. The comments followed a move by the Trump administration to bar Microsoft and seven other companies from sponsoring green cards for highly skilled foreign workers. Smith rejected allegations that Microsoft […]
Read more
