June 26, 2026 10:03 am
Key Moments The Indian Rupee traded broadly unchanged over the week but still outperformed regional currencies on the back of debt portfolio inflows. Indian government bonds rallied, with the 10-year yield moving back to 6.75% as RBI Governor Malhotra pushed back against expectations of tighter policy. The composite PMI slipped to 57.4 in June from […]
Read moreJune 26, 2026 9:50 am
Key Moments Banxico kept its policy rate unchanged at 6.50% at the June 25 meeting, with a unanimous decision in line with survey expectations. Rabobank expects Banxico, the Bank of Canada, and the Federal Reserve to keep rates on hold through year-end. Rabobank projects USD/MXN to hover near current levels over the summer, with a […]
Read moreJune 26, 2026 8:04 am
Key Moments EUR/CAD traded around 1.6150 during European hours on Friday after reversing earlier intraday losses. ECB policymaker Isabel Schnabel signaled that additional rate hikes are still likely to bring inflation back to the 2% medium-term target. BoC expectations eased, with traders now pricing in just 17 basis points of tightening by December, down from […]
Read moreJune 26, 2026 8:00 am
Key Moments GBP/JPY has been oscillating around the mid-213.00s in early European trading, showing little net change on the day. Political uncertainty in the United Kingdom following Prime Minister Keir Starmer’s resignation continues to weigh on GBP sentiment. Rising concerns about potential FX intervention and a hawkish Bank of Japan stance are underpinning JPY and […]
Read moreJune 26, 2026 7:40 am
Key Moments GBP/USD trades with modest gains near 1.3200 in early European dealings on Friday as sterling firms against the dollar. Market attention centers on potential successors to UK Finance Minister Rachel Reeves under a possible Andy Burnham-led government. U.S. PCE inflation accelerated in May, while rate-hike probabilities for July and September eased, according to […]
Read moreJune 26, 2026 7:20 am
Key Moments AUD/USD falls to its weakest level since early April, trading just under 0.6900 and down more than 0.25% on the day. Stronger U.S. GDP and firm PCE inflation support expectations for a Federal Reserve rate hike, underpinning the U.S. Dollar. Geopolitical tension in the Strait of Hormuz and global equity selling reinforce risk-off […]
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