June 16, 2026 7:52 am
Key Moments USD/INR trades near 94.58. The rupee gains support from softer crude prices and better foreign inflows. The reopening of the Strait of Hormuz follows a US-Iran peace deal. As a result, oil prices remain under pressure, which helps India as an importer. Markets now await the Federal Reserve decision. Rates are expected to […]
Read moreJune 16, 2026 7:30 am
Key Moments AUD/NZD pulled back toward 1.2150 after the RBA kept the Official Cash Rate on hold at 4.35%. The RBA paused following three consecutive 25 bps hikes earlier in the year and noted easing short-term inflation expectations. Investors in New Zealand are focused on upcoming Q1 GDP data, with growth expected at 0.9% versus […]
Read moreJune 16, 2026 7:24 am
Key Moments USD/CHF traded around 0.7950 during Asian hours on Tuesday after recouping the prior session’s modest losses. Markets anticipate the Federal Reserve will keep rates at 3.50% to 3.75% on Wednesday, while money markets see no Swiss National Bank moves for the rest of the year. Swiss Producer and Import Prices fell 1.8% year-on-year […]
Read moreJune 16, 2026 7:13 am
Key Moments AUD/JPY trades near 113.20 in Tuesday’s Asian session as the cross loses momentum. Bank of Japan raises its short-term policy rate by 25 bps to 1.0%, the highest level since 1995. Reserve Bank of Australia is expected to leave the Official Cash Rate unchanged at 4.35% at its June meeting. Cross Pair Moves […]
Read moreJune 16, 2026 7:03 am
The CHF/NOK currency pair held in proximity to a 2-month high of 12.0270 on Tuesday ahead of the outcome of Norges Bank’s and the Swiss National Bank’s policy meetings. Norges Bank is expected to leave its key policy rate without change at 4.25% at its June 18th meeting. In May, the central bank unexpectedly raised […]
Read moreJune 16, 2026 7:00 am
Key Moments Bitcoin (BTC) trades above $65,000 as the Bank of Japan lifts its policy rate to 1%, the highest level since 1995. Uniswap (UNI) and LayerZero (ZRO) dip on Tuesday but have outperformed the wider crypto market over the past 24 hours amid improving retail sentiment. Roughly $488 million in crypto derivatives positions are […]
Read moreJune 16, 2026 6:46 am
Key Moments USD/JPY trades near 160.10 in Asian hours on Tuesday after two straight sessions of gains. The Bank of Japan raised its short-term rate by 25 bps to 1%, in line with expectations. The Federal Reserve is expected to hold rates at 3.50% to 3.75% at its upcoming meeting. Yen Strength Pressures USD/JPY USD/JPY […]
Read moreJune 16, 2026 6:37 am
Key Moments GBP/USD trades near 1.3400 during Asian hours on Tuesday after giving back earlier gains as the US Dollar finds support. Meanwhile, uncertainty around the US-Iran agreement is keeping major shipping firms cautious. In addition, markets expect the Federal Reserve to keep rates unchanged at Wednesday’s meeting. Dollar Steadies; GBP/USD Edges Lower GBP/USD trades […]
Read moreJune 16, 2026 6:22 am
Key Moments NZD/USD trades near 0.5810 in Tuesday’s Asian session as the New Zealand Dollar retreats against the US Dollar. China’s Retail Sales declined 0.6% YoY in May, missing expectations and pressuring the China-sensitive Kiwi. Markets focus on Wednesday’s Fed meeting, where policymakers are expected to leave the benchmark rate unchanged. NZD/USD Softens in Asian […]
Read moreJune 16, 2026 6:15 am
Key Moments AUD/USD declines 0.16% to near 0.7060 during Tuesday’s Asian session following weaker Chinese data China’s May Retail Sales fall 0.6% Year-on-Year, while Industrial Production strengthens to 4.5% Markets look to the RBA’s first policy decision of the year, with the OCR widely expected to remain at 4.35% Australian Dollar Retreats After China Data […]
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