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AUD/JPY gains despite intervention warnings

June 22, 2026 2:37 pm
The AUD/JPY currency pair edged up on Monday, as the Australian Dollar remained firm following the latest monetary policy decision by the People’s Bank of China. On Monday, the PBoC left its benchmark one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, respectively. Given the strong trade linkages between China and Australia, the […] Read more

Peso Slips Ahead of Banxico Decision and USMCA Talks

June 22, 2026 1:02 pm
Key Moments Societe Generale strategists expect Banxico to keep its policy rate unchanged at 6.50% on Thursday. The central bank’s statement is seen as a potential challenge to current market expectations for 80bp of tightening over the next 12 months. USD/MXN is viewed as having an upside bias, with 17.50 flagged as a key resistance […] Read more

AUD/CAD holds near highs last seen on June 2nd

June 22, 2026 10:56 am
The AUD/CAD currency pair held near a fresh 3-week high of 0.9945 on Monday, as the Australian Dollar remained firm following the latest monetary policy decision by the People’s Bank of China, while the Canadian Dollar weakened, weighed down by softer crude prices. On Monday, the PBoC left its benchmark one-year and five-year Loan Prime […] Read more

Euro Gains Against Yen as Traders Eye PMIs and ECB Signals

June 22, 2026 10:46 am
Key Moments EUR/JPY trades near 185.30 on Monday, up 0.16% as markets position for Eurozone PMI data and ECB communication. ECB official Pierre Wunsch flags the possibility of another rate hike as soon as next month, with the deposit rate at 2.25%. The Japanese Yen stays under pressure despite intervention warnings and rising BoJ rate […] Read more

Euro Advances Versus Loonie as Energy Market RetreatsFX

June 22, 2026 9:23 am
Key Moments EUR/CAD trades near 1.6260, marking a second consecutive session of gains during Asian hours on Monday. WTI crude falls nearly 2% to about $75.00 per barrel after US-Iran talks ease supply concerns. ECB officials flag the possibility of another rate hike, while markets await a key speech from President Christine Lagarde later on […] Read more

Sterling Faces Pressure as UK Risks Lift EUR/GBP Outlook

June 22, 2026 9:02 am
Key Moments Commerzbank’s Michael Pfister flags growing political uncertainty around UK Prime Minister Keir Starmer and a possible Andy Burnham succession as a risk for the Pound. Pfister cautions that either a prolonged leadership contest or a looser fiscal approach could put sustained pressure on Sterling. With the ECB expected to tighten further and the […] Read more

Pound Rises Toward 213.70 as Yen Weakens Sharply

June 22, 2026 8:20 am
Key Moments GBP/JPY climbed nearly 100 pips from Monday’s low, erasing a bearish opening gap and reaching a new intraday high near 213.70. Worries over Japan’s exposure to the Middle East conflict and energy supply risks have weighed on the JPY despite intervention warnings and BoJ rate hike signals. Political uncertainty in the UK and […] Read more

GBP/AUD plumbs lows last seen on June 3rd

June 22, 2026 7:51 am
The GBP/AUD currency pair plunged to a 2 1/2-week low of 1.8799 on Monday, as the Australian Dollar remained firm following the latest monetary policy decision by the People’s Bank of China. On Monday, the PBoC left its benchmark one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, respectively. Given the strong trade […] Read more

Rupiah Under Pressure as USD/IDR Extends Gains

June 22, 2026 7:51 am
Key Moments USD/IDR trades near 17,870 in Asian hours on Monday after rebounding from modest losses in the prior session. MSCI’s warning on Indonesian market transparency is described as directly triggering capital outflows and complicating currency stabilization efforts. Heightened safe-haven demand for the US Dollar is linked to renewed uncertainty over a US-Iran peace deal, […] Read more