July 16, 2026 9:03 am
Key Moments EUR/USD trades steadily above 1.1450 in the Asian session, consolidating gains to its strongest level since June 18. US Dollar remains pinned near a four-week low after a 0.3% drop in June PPI and a soft CPI print reduce expectations for an imminent Fed rate hike. Escalating US-Iran tensions and higher oil prices […]
Read moreJuly 16, 2026 8:18 am
Key Moments AUD/JPY traded around 113.45 in early European hours on Thursday, easing below 113.50 but still holding a constructive near-term tone. Comments from Japan’s Finance Minister and Bank of Japan officials underpinned the Japanese Yen, highlighting readiness for policy action and concerns over stimulus timing. Key technical levels center on resistance near 113.70 and […]
Read moreJuly 16, 2026 8:13 am
Key Moments USD/IDR traded around 18,100 during Asian hours on Thursday after two straight sessions of losses for the pair. Surging oil import costs have weighed on Indonesia’s trade balance and inflation outlook, intensifying focus on Bank Indonesia’s meeting next week. The implied probability of a Federal Reserve rate hike in September declined to 44% […]
Read moreJuly 16, 2026 7:55 am
Key Moments The Bank of Korea lifted its policy rate by 25 bps to 2.75%, its first increase in three-and-a-half years. USD/KRW slipped toward 1,484.68 in Asian trading as the Won strengthened following the decision. Market-implied odds of a July Federal Reserve rate hike dropped to 10.2% from 31% a week earlier as US inflation […]
Read moreJuly 16, 2026 7:43 am
Key Moments EUR/JPY traded around 185.90 during Asian hours on Thursday after three consecutive sessions of gains. The pair is holding above its nine-period and 50-period EMAs, with a 14-day RSI near 56 signaling constructive bullish momentum. An upside break of the ascending triangle ceiling near 186.10 could open a path toward the 187.95 all-time […]
Read moreJuly 16, 2026 7:29 am
Key Moments USD/JPY retreats toward 162.15 during Asian trading on Thursday as the Yen appreciates. Japan’s Finance Minister Satsuki Katayama reiterates authorities are prepared to intervene in currency markets “anytime as needed.” U.S. Producer Price Index rises 5.5% YoY in June, below the revised May figure of 6.0% and market expectations of 6.2%. Yen Firms […]
Read more