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PBOC Nudges Yuan Fix Stronger as Daily Rate Slips Lower

August 20, 2026 6:15 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.7808. The new fixing compared with the previous day’s reference rate of 6.7854. The latest setting differed from a Reuters estimate of 6.7196 for the session. Updated USD/CNY Central Parity Rate The People’s Bank of China (PBoC) set the central USD/CNY reference […] Read more

Amazon Expands Louisiana Data Center Bet With $18B Deal

August 19, 2026 1:18 pm
Key Moments Amazon.com, Inc. (NASDAQ: AMZN) increased its northwest Louisiana data center investment from $12 billion to approximately $18 billion to develop a third campus. Amazon is fully funding associated electric and water infrastructure, including 100% of required substations and transmission upgrades and up to $400 million for municipal water and wastewater systems. Despite elevated […] Read more

Analog Devices Raises Outlook on AI Demand Growth

August 19, 2026 12:59 pm
Key Moments Analog Devices reported third-quarter revenue of $4.02 billion, a 40% year-over-year increase and above estimates of $3.92 billion. The company projected fourth-quarter revenue of $4.3 billion, plus or minus $100 million, topping the consensus estimate of $4.07 billion. Fourth-quarter adjusted EPS is expected at $3.86, above analyst expectations of $3.54, while the stock […] Read more

Marvell Soars on Google Deal and Bullish Analyst Calls

August 19, 2026 12:54 pm
Key Moments Marvell Technology shares jumped 12.7% in pre-market trading to $243.48 following a binding custom-chip agreement with Google. Google received a warrant to purchase up to 58.97 million Marvell shares at an exercise price of $206.58 per share. Analysts highlighted strength in Marvell’s data center business and maintained bullish ratings and targets ahead of […] Read more

Euro-Yen Holds Near 184.70 as Central Bank Outlooks Clash

August 19, 2026 12:24 pm
Key Moments EUR/JPY traded around 184.70 on Wednesday, down 0.03% as conflicting BoJ and ECB rate expectations capped direction. Markets priced roughly an 80% probability of a Bank of Japan rate hike as soon as September, while Eurozone inflation data bolstered ECB tightening bets. Standard Chartered projected a higher BoJ terminal rate of 1.75% in […] Read more

Commerzbank Sees Real Rebounding After Election Volatility

August 19, 2026 10:30 am
Key Moments Commerzbank FX analysts highlight the Brazilian Central Bank’s hawkish stance and elevated real interest rates as key supports for the BRL. USD/BRL is expected to remain under pressure until the October presidential election as political risk stays in focus. The bank projects USD/BRL at 5.20 by year-end 2026 and 4.80 by end-2027 once […] Read more

Alphabet Debuts in Australia With A$5.5B Bond Sale

August 19, 2026 10:22 am
Key Moments Alphabet raised A$5.5 billion ($3.89 billion) in its first-ever Australian dollar bond offering, according to a term sheet seen by Reuters. The company issued 3-, 5-, 10- and 20-year bonds, with the longest tranche carrying a 6.9% coupon. Major tech firms are channeling capital markets to support AI-related investments, with firms expected to […] Read more

Euro Advances Versus Pound as Eurozone Price Growth Firms

August 19, 2026 9:51 am
Key Moments EUR/GBP extended its advance for a fifth straight session, touching intraday highs around 0.8560 after rebounding from 0.8530. Final Eurozone HICP data confirmed an acceleration in headline inflation to 2.9% year-over-year in July, with core HICP rising to 2.5%. UK CPI data showed stronger inflation alongside soft labor indicators, leaving the Pound under […] Read more

Rupee Under Pressure as Oil and RBI Shift Weigh on Sentiment

August 19, 2026 8:58 am
Key Moments USD/INR trades near 95.76, close to a two-week low for the Rupee, as higher crude prices pressure oil-importing economies. The RBI has decided to terminate its FCNR(B) swap facility on 31 August, one month earlier than planned, after USD52.3 billion in deposit inflows. BNY and Commerzbank highlight that prolonged tensions around the Strait […] Read more

Euro Gains as Technical Signals Support Further Upside

August 19, 2026 8:18 am
Key Moments EUR/USD trades around 1.1585 in early Wednesday European dealings, holding above the 100-day moving average with bullish RSI momentum. Stronger-than-expected German ZEW survey data and rising expectations for a September ECB rate hike underpin Euro strength. Key technical levels include resistance at 1.1614 and 1.1650, with support at 1.1570, 1.1505, and 1.1365. EUR/USD […] Read more