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CAD Falls as Oil Softens and Fed Caution Lifts USD High

June 16, 2026 6:02 am
Key Moments USD/CAD trades around 1.3990 during Asian hours on Tuesday, marking a fourth straight day of gains for the pair. Weakness in oil prices weighs on the commodity-linked Canadian Dollar despite signs of progress on reopening the Strait of Hormuz. The Federal Reserve is widely expected to keep rates at 3.50% to 3.75% on […] Read more

PBOC Nudges Yuan Fix Higher as Daily Reference Rate Edges Up

June 16, 2026 5:58 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.8108 for Tuesday’s trading session. The new fixing compared with the previous day’s central rate of 6.8088. The Tuesday reference rate diverged from a 6.7605 Reuters estimate cited in the report. Latest PBOC USD/CNY Fixing On Tuesday, the People’s Bank of […] Read more

AUD/NZD gains with focus on RBA rate decision

June 15, 2026 12:20 pm
The AUD/NZD currency pair edged up on Monday ahead of the outcome of the Reserve Bank of Australia’s policy meeting. The Reserve Bank of Australia is expected to keep its cash rate intact at 4.35% at its June 16th meeting. In May, the RBA raised borrowing costs by 25 basis points to 4.35%, as eight […] Read more

Extended Riksbank Pause Seen Weighing on Swedish Krona

June 15, 2026 12:02 pm
Key Moments Brown Brothers Harriman (BBH) expects the Riksbank to leave its policy rate unchanged at 1.75% for a sixth consecutive meeting. BBH anticipates the central bank will push back against market expectations for a 25 bps rate increase by year-end, viewing this stance as negative for SEK. The updated Riksbank forecast is likely to […] Read more

Ethereum at Crossroads as Traders Eye $1,780 Level

June 15, 2026 9:46 am
Key Moments ETH traded at $1,719.86 as of 08:53 UTC, staging a 2.6% intraday rebound while remaining below its 7-day, 20-day, 50-day, and 200-day simple moving averages. Price is currently trapped between resistance at $1,750.30 and support at $1,672.16, with $1,780.74 identified as the key resistance level that could define the next directional move. Positioning […] Read more

Bitcoin Rallies Toward $66K as Risk Premium Fades

June 15, 2026 9:41 am
Key Moments Bitcoin (BTC) gained 2% on Monday, touching $65,881 on Coinbase, its highest level since June 3. A peace deal between the U.S. and Iran, announced by Donald Trump and including the reopening of the Strait of Hormuz, coincided with a sharp drop in oil prices. Renewed institutional ETF inflows and a key Federal […] Read more

Euro Climbs vs Yen as Risk Appetite Lifts Ahead BoJ

June 15, 2026 9:31 am
Key Moments EUR/JPY traded 0.26% higher near 185.85 as a finalized US-Iran peace framework supported risk sentiment. ECB officials flagged persistent near-term inflation risks even after the reopening of the Strait of Hormuz. The BoJ is expected to raise its policy rate by 25 bps to 1% at its interest rate decision on Tuesday. Euro […] Read more

Euro Edges Higher Against Pound as Risk Appetite Improves

June 15, 2026 9:17 am
Key Moments EUR/GBP has been trading near one-week highs around 0.8645 as market risk sentiment improves. Reports of a peace deal between the US and Iran and hawkish remarks from ECB officials have supported the Euro. Technical signals point to a potential base forming near 0.8620, with 0.8644 and 0.8655-0.8660 as key upside levels. EUR/GBP […] Read more

AUD/NOK holds near 5-week high, eyes on central banks

June 15, 2026 9:04 am
The AUD/NOK currency pair held close to a 5-week high of 6.7409 on Monday ahead of the outcome of the Reserve Bank of Australia’s and Norges Bank’s policy meetings. The Reserve Bank of Australia is expected to keep its cash rate intact at 4.35% at its June 16th meeting. In May, the RBA raised borrowing […] Read more

Rupee Surges as Oil Slides on US-Iran Breakthrough

June 15, 2026 8:33 am
Key Moments The US dollar weakened after Trump canceled planned strikes on Iran and signaled a forthcoming US-Iran deal, prompting markets to cut year-end Fed tightening expectations from 24 bps to 16 bps. The Indian Rupee strengthened sharply as optimism over an end to the conflict pushed oil prices lower, reinforcing the currency’s close link […] Read more