June 17, 2026 6:09 am
Key Moments GBP/USD traded close to 1.3430 in early Asian hours on Wednesday, supported by optimism over a potential US-Iran peace agreement. The Federal Reserve was expected to keep the federal funds rate at 3.5% to 3.75%, with markets focused on new Chair Kevin Warsh’s first post-decision press conference. Futures pricing for Bank of England […]
Read moreJune 17, 2026 5:58 am
Key Moments The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.8096 for Wednesday’s session. The new fixing compared with the previous day’s level of 6.8108. The latest central rate contrasted with a Reuters estimate of 6.7659. Latest USD/CNY Central Parity Setting The People’s Bank of China set the central parity […]
Read moreJune 17, 2026 5:49 am
Key Moments USD/CAD paused a four-day advance and traded near 1.3990 during Asian hours on Wednesday as the US Dollar came under pressure. Growing expectations of a US-Iran peace agreement have reduced risk aversion, weighing on the Greenback while also pushing oil prices lower. Falling crude prices are limiting Canadian Dollar upside, given Canada’s role […]
Read moreJune 16, 2026 1:01 pm
Key Moments USD/PHP is assessed as bearish but oversold following a sharp gap lower driven by softer yields and oil prices. Bangko Sentral ng Pilipinas faces elevated inflation at 6.8% alongside slower growth, with consensus leaning toward a 25bp hike while a 50bp move remains possible. Technical levels highlight support at 60.10 and resistance at […]
Read moreJune 16, 2026 12:47 pm
Key Moments Societe Generale strategists emphasize that South African Rand performance is closely linked to upcoming May CPI, retail sales, and the Federal Reserve meeting. The team points out that repeatedly selling USD/ZAR near the 200-day moving average has recently delivered favorable results. They see potential for USD/ZAR to drop back below 16.00 if risk […]
Read moreJune 16, 2026 11:13 am
The CHF/JPY currency pair was mostly stable on Tuesday ahead of the outcome of the Swiss National Bank’s policy meeting and after the BoJ’s verdict. The Swiss National Bank is expected to keep its policy rate without change at 0% at its June 18th meeting. Low inflation has given policy makers room to stay cautious. […]
Read moreJune 16, 2026 10:16 am
Key Moments USD/CNH has shifted from a sharp drop to a narrow consolidation band around 6.76, with intraday levels expected between 6.7540 and 6.7640. The recent price action has raised the likelihood of a test of 6.7510, while 6.7750 remains the key “strong resistance” level. On a 1-3 month horizon, UOB still anticipates a gradual […]
Read moreJune 16, 2026 8:31 am
The CHF/SEK currency pair hovered above a 2-week low of 11.7841 on Tuesday ahead of the outcome of Sweden’s Riksbank and the Swiss National Bank’s policy meetings. Sweden’s Riksbank is expected to leave its key policy rate intact at 1.75% at its June 17th meeting. In May, policy makers noted that the risk of the […]
Read moreJune 16, 2026 8:14 am
Key Moments EUR/USD trades near 1.1580, slipping as the US Dollar strengthens before the upcoming Fed policy announcement. The Federal Reserve is expected to keep its benchmark rate unchanged at 3.50%-3.75% for a fourth consecutive meeting. ECB’s Martins Kazaks signals readiness to act again if needed, while warning that inflation risks remain tilted to the […]
Read moreJune 16, 2026 8:04 am
Key Moments Solana (SOL) traded around $73.74 on Tuesday after gaining over 11% across the past three days and printing three consecutive daily gains since the weekend. US-listed spot Solana ETFs saw $2.81 million in net inflows on Monday, reversing the prior week’s $2.58 million in net outflows and signaling renewed institutional interest. Despite improving […]
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