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Euro Dips as German PMI Surprise Weighs on EUR/USD

June 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 more

Dollar-Yen Near Multi-Decade Highs as Intervention Risks

June 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 more

Rupiah Under Pressure as MSCI Downgrade Fears Mount

June 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 more

AUD/JPY Edges Lower as Intervention Fears Limit Upside

June 23, 2026 6:53 am
Key Moments AUD/JPY trades around 112.75 in early European hours on Tuesday, slipping into negative territory. Japanese Yen gains as traders stay alert for possible official FX intervention following comments from Japan’s Chief Cabinet Secretary. Technically, AUD/JPY maintains a mildly constructive setup above the 100-day SMA, with resistance near 113.40 and support around 112.20-112.00. Price […] Read more

Bitcoin Holds $64K as ETF Outflows Ease, Altcoins Gain

June 23, 2026 6:39 am
Key Moments Bitcoin trades above $64,000 after a roughly 4% decline last week, as institutional ETF outflows show signs of cooling. DeXe (DEXE) extends a sharp rally, climbing over 18% on Tuesday after gaining 32% the previous day and trading well above key moving averages. Celestia (TIA) adds more than 3% on Tuesday, building on […] Read more

Swiss Franc Weakens as Fed Hike Bets Boost Dollar

June 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 more

Australian Dollar Slides Despite Factory PMI Beat Gains

June 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 more

NZD Nears 0.5700 as Fed Bets Rise Despite Iran Talks

June 23, 2026 6:19 am
Key Moments NZD/USD trades lower for a fifth straight session, hovering near 0.5705 in Tuesday’s Asian hours. Fed funds futures imply almost an 89% chance of a December rate hike, sharply higher than the 15.2% reading a week earlier. US officials report “very good progress” in US-Iran talks, a development that could lend support to […] Read more

USD Gains vs Canadian Dollar as Oil Slumps, Fed Leads

June 23, 2026 6:11 am
Key Moments USD/CAD trades around 1.4165-1.4170 after a mild pullback from its strongest level since April 2025. US Treasury’s temporary easing of sanctions on Iranian crude keeps WTI near its lowest mark since March, pressuring the CAD. Canadian inflation accelerates to 3.2% in May, but BoC is still seen maintaining a dovish stance versus a […] Read more

Pound Slides as UK Turmoil and Hawkish Fed Outlook Hits

June 23, 2026 5:59 am
Key Moments GBP/USD trades near 1.3245 in early Tuesday Asian dealings, extending recent weakness. UK Prime Minister Keir Starmer resigned on Monday, intensifying political uncertainty and pressuring the Pound. Markets see nearly an 89% probability of a Fed rate hike in December after a hawkish tone from new Fed Chair Kevin Warsh. GBP Under Pressure […] Read more