September 16, 2026 7:59 am
Key Moments EUR/GBP climbed toward the 0.8570 region after UK CPI data aligned with market expectations. UK headline CPI rose to 3.1% year-on-year in August, while core CPI held steady at 2.6%. Markets continued to anticipate that the Bank of England would keep interest rates unchanged at its Thursday meeting. Euro Gains as Pound Softens […]
Read moreSeptember 16, 2026 6:29 am
Key Moments XAG/USD fails to sustain gains and is rejected below the $64.00 area during the Asian session on Wednesday. Expectations of a 25 bps Fed hike, higher US yields, and geopolitical risks bolster the US Dollar and weigh on silver. Price remains below the 200-day EMA near $64.13, with key Fibonacci supports at $62.94 […]
Read moreSeptember 16, 2026 6:22 am
Key Moments EUR/JPY trades around 179.10 in Asian hours on Wednesday, extending gains into a third consecutive session while remaining in a descending channel. Price action stays below both the nine-day and 50-day EMAs, with the 14-day RSI near 34 signaling ongoing downside bias without reaching extreme oversold levels. Key technical levels include channel support […]
Read moreSeptember 16, 2026 6:14 am
Key Moments GBP/USD trades near 1.3470 as the US Dollar firms ahead of the Federal Reserve’s policy decision. Markets widely anticipate a 25 bps Fed rate hike, while UK August CPI is expected to accelerate to 3.1% YoY. The Bank of England is projected to hold rates at 3.75% this week, with a potential move […]
Read moreSeptember 16, 2026 5:51 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7628 for Wednesday’s session. The new fixing compared with the previous day’s rate of 6.7670. Reuters estimated a prior level at 6.7148 for reference. Session Fixing Details On Wednesday, the People’s Bank of China (PBOC) set the central USD/CNY reference rate at […]
Read moreSeptember 15, 2026 1:59 pm
Key Moments Chicago Board of Trade wheat futures were projected to open 8 to 11 cents per bushel lower on Tuesday. Comments from President Trump on a potential halt to strikes on Russian and Ukrainian energy facilities eased some supply risk concerns. U.S. winter wheat planting lagged the five-year average, while spring wheat harvesting slightly […]
Read moreSeptember 15, 2026 1:19 pm
Key Moments German Finance Minister Lars Klingbeil said the government needs to ease the burden of gasoline prices and secure alternative funding sources. Klingbeil stressed that political decisions on these measures must be taken quickly. The minister called for a windfall profits tax on energy companies as fuel prices continue to rise. Minister Urges Swift […]
Read moreSeptember 15, 2026 1:10 pm
Key Moments GBP/JPY traded near 209 on Tuesday, up 0.32%, but remained stuck in a tight range after this month’s sharp Japanese Yen rally. The Bank of England is expected to keep its policy rate at 3.75% for a sixth straight meeting, with focus on the vote split after a prior 6-3 decision. The pair […]
Read moreSeptember 15, 2026 12:16 pm
Key Moments Sysco Corporation stock is down 1.3% in pre-market trading at $82.49 following the announcement of a $1.0 billion common stock offering. The 12,345,679-share offering is priced at $81.00 per share, roughly 3% below the prior close of $83.54, and is expected to close on September 16. The equity raise, pause in share repurchases, […]
Read moreSeptember 15, 2026 10:17 am
Key Moments Citi reduced gold exposure in its GMS portfolio and broader asset allocation after reassessing Federal Reserve policy expectations. The bank had previously added long gold spot positions based on an anticipated dovish Fed stance and a potential US Treasury buyback announcement. A more hawkish Fed repricing, rising energy prices, and expectations for a […]
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