August 24, 2026 2:11 pm
Key Moments EUR strength above 1.17 has recently lifted high-beta CEE currencies PLN and HUF, while CZK also advanced despite its lower-beta profile. Commerzbank notes the CNB is seen as the only regional central bank likely to hike rates in coming months, while the MNB continues easing and the NBP edges closer to potential cuts. […]
Read moreAugust 24, 2026 12:36 pm
Key Moments Exxon operates more than 30 rigs in the Permian Basin, with a plan to convert half of them to automated drilling rigs by 2028. The company intends to lift its Permian production by almost 40% to 2.5 million barrels of oil equivalent per day by 2030. Exxon is working on more than 40 […]
Read moreAugust 24, 2026 10:33 am
Key Moments ING strategists view Tuesday’s National Bank of Hungary decision as the last move in the current summer mini rate-cut phase, but anticipate further easing beyond it. July inflation at 1.2% is described as lying outside the uncertainty band of the NBH’s June forecast, signaling an improved inflation backdrop. ING’s projections point to the […]
Read moreAugust 24, 2026 10:04 am
Key Moments EUR/GBP trades around 0.8555-0.8556, extending its decline for a third straight session. Technical focus centers on the 0.8550 area and the more important 0.8530 support zone. Analysts see GBP benefiting from carry demand in a low-volatility backdrop, helping to keep EUR/GBP near current levels. Risk Mood Supports Pound as Euro Retreats The Euro […]
Read moreAugust 24, 2026 9:56 am
Key Moments EUR/USD trades above 1.1650, hovering close to three-month highs despite a modest pullback. Markets await details of new US sanctions on Iran, which could escalate regional and market tensions. Concerns over US debt dynamics and Treasury buybacks underpin a weaker USD and support the Euro. Euro Steadies After Strong Weekly Gains The Euro […]
Read moreAugust 24, 2026 9:38 am
Key Moments European natural gas prices edged lower after a 7% weekly advance that lifted contracts to their highest levels since March. Dutch front-month and British wholesale gas futures slipped 0.8% as a roughly 1.5% decline in Brent crude to about $91.80 a barrel triggered profit-taking. Traders are watching a 2:00 p.m. ET press conference […]
Read moreAugust 24, 2026 8:29 am
Key Moments AUD/USD is consolidating just below its highest level since early June, trading above the mid-0.7100s in early European dealings. Planned US sanctions on Iran and warnings over oil exports are sustaining a geopolitical risk premium and supporting the US Dollar. Cooling Fed hike expectations and lower US yields are limiting USD gains, while […]
Read moreAugust 24, 2026 7:51 am
Key Moments NZD/USD trades around 0.5975 in Asia, consolidating just below its strongest level since June. Soft New Zealand Retail Sales weigh on NZD, but ongoing US Dollar weakness continues to underpin the pair. Price action remains above the 200-period SMA at 0.5845, with bullish technicals still intact despite stretched momentum signals. NZD/USD Holds Firm […]
Read moreAugust 24, 2026 7:30 am
Key Moments EUR/JPY trades with modest losses around 185.60 in Monday’s early European session, while remaining supported above its 100-day simple moving average. Japan’s July core CPI accelerated to 1.8% year-on-year from 1.6%, reinforcing expectations for another Bank of Japan rate hike. Societe Generale maintains its call for a September BoJ hike and a gradual […]
Read moreAugust 24, 2026 7:06 am
Key Moments Silver trades around $69.00 in the Asian session, hovering just under the $70.00 psychological level hit on Friday. Last week’s break above the $66.65-$66.70 resistance zone and the 38.2% Fibonacci retracement keeps the near-term outlook tilted to the upside. Key resistance levels are located at the 50.0% Fibonacci retracement at $71.95 and the […]
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