June 23, 2026 8:59 am
Key Moments EUR/GBP retreats from an intraday high of 0.8635, trading close to monthly lows around 0.8620 after a two-day decline of nearly 0.6%. Eurozone preliminary June HCOB PMIs moderately exceed expectations, with the Composite index rising to 49.5 from 48.5. The Pound holds relatively steady following UK Prime Minister Keir Starmer’s resignation, as investors […]
Read moreJune 23, 2026 8:37 am
Key Moments GBP/JPY trades just below the 214.00 level after failing to extend a rebound from last week’s one-month low. UK political turmoil pressures the Pound, while concerns over potential FX intervention and energy-related risks support the Yen. Diverging Bank of England and Bank of Japan policy expectations temper enthusiasm for aggressive bullish positioning in […]
Read moreJune 23, 2026 8:03 am
Key Moments EUR/USD traded around 1.1430 during European hours on Tuesday after modest prior-day losses and later gave back its intraday gains. Germany’s preliminary June HCOB Manufacturing PMI printed at 50.0, while the Services PMI fell to 46.8, missing expectations. Expectations for higher-for-longer Federal Reserve rates, including an 85% implied chance of at least a […]
Read moreJune 23, 2026 7:15 am
Key Moments USD/JPY trades just above 161.50 in Asian hours, consolidating after a pullback from the 162.00 area. Reports of discussions between Japanese and U.S. officials on the Yen’s slide, along with official warnings, temper aggressive Yen selling. A wide Japan-U.S. rate gap and firm U.S. Dollar backdrop keep the broader USD/JPY uptrend intact despite […]
Read moreJune 23, 2026 7:02 am
Key Moments USD/IDR trades around 17,900 in Asian hours, marking a second straight day of gains for the pair. Goldman Sachs estimates a possible MSCI downgrade could drive up to $13 billion in capital outflows from Indonesia. Fed rate-hike expectations bolster the US Dollar, with market pricing showing an 87% probability of an increase before […]
Read moreJune 23, 2026 6:44 am
Key Moments Gold (XAU/USD) fell to a nearly two-week low around $4,115 amid sustained US Dollar strength. Hawkish signals from the Federal Reserve and firm expectations of at least one rate hike have supported the USD. Investors are watching upcoming US data releases, including flash PMIs and Thursday’s PCE and final Q1 GDP, for fresh […]
Read moreJune 23, 2026 6:31 am
Key Moments The Swiss Franc trades near 0.8088 against the US Dollar, extending Monday’s losses in Asian hours on Tuesday. The US Dollar Index climbs to around 101.05, described as its highest level in over a year. CME FedWatch data shows nearly 87% odds of at least one Federal Reserve rate hike this year. CHF […]
Read moreJune 23, 2026 6:26 am
Key Moments AUD/USD trades near 0.6980 and logs a sixth straight session of losses during Asian trading on Tuesday. Australia’s preliminary S&P Global Manufacturing PMI rises to 51.2 in June, while Services and Composite PMIs remain just below 50. Markets fully price in a 25-basis-point Federal Reserve rate hike in September after a more hawkish-than-expected […]
Read moreJune 23, 2026 6:05 am
Key Moments XAG/USD is trading near $64.50 per troy ounce on Tuesday in Asia, down more than 1% after prior gains. Futures markets have fully priced in a 25-basis-point Fed rate hike for September following Kevin Warsh’s hawkish first meeting as Fed Chair. Progress in US-Iran peace talks and a 60-day US license for Iranian […]
Read moreJune 22, 2026 1:38 pm
Key Moments TD Cowen downgraded Accenture to Hold from Buy and lowered its price target to $150 from $258 amid weakening growth expectations. The brokerage now expects fiscal 2027 constant-currency revenue growth of 1% to 5%, versus Wall Street’s 4.4% forecast. Concerns over AI-related disruption, macro uncertainty and slowing organic growth led TD Cowen to […]
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