June 12, 2026 6:24 am
Key Moments AUD/USD softened toward 0.7030 during Friday’s Asian session as the US Dollar advanced. US Producer Price Index rose 6.5% YoY in May and 1.1% MoM, both above market expectations. RBA is set to decide rates next week, with major Australian banks expecting no change in June. Australian Dollar Under Pressure in Asian Trade […]
Read moreJune 11, 2026 12:18 pm
Key Moments EUR/JPY was trading near 185.20 on Thursday, effectively flat after giving back earlier gains. Markets were focused on ECB guidance and updated projections, with a 25-basis-point rate hike already largely priced in. Expectations of a BoJ rate increase and intervention warnings from Japanese authorities were restraining sustained moves in EUR/JPY. ECB Decision in […]
Read moreJune 11, 2026 11:55 am
Key Moments Bank of America expects EUR/USD to face further downside as markets underprice growth and policy divergence between the euro area and the US. The bank highlights that optimism over a Middle East peace deal has so far limited broader market themes, despite ongoing upside risks from energy markets. The ECB’s push toward more […]
Read moreJune 11, 2026 10:46 am
The EUR/GBP currency pair rebounded from a 2-week low of 0.8620 on Thursday ahead of the outcome of the European Central Bank’s policy meeting. The ECB is largely expected to raise its main refinancing operations rate by 25 basis points to 2.40% at its June 11th meeting. And, the ECB deposit facility rate is expected […]
Read moreJune 11, 2026 9:06 am
Key Moments EUR/CAD trades near 1.6110 in early European hours as the Euro strengthens before the ECB policy announcement. Markets broadly expect a 25-basis-point increase in the ECB Deposit Facility, which would mark the first rate hike in three years. The Canadian Dollar softens as expectations grow for weaker oil prices following reports that the […]
Read moreJune 11, 2026 8:59 am
Key Moments Commerzbank’s Tatha Ghose expects the CBRT to keep rates unchanged or only match the policy rate with the current effective funding rate, which he considers inadequate tightening. Seasonally-adjusted monthly inflation remained above 2.5% in May, even after easing slightly from April’s Iran-related oil shock impact. Ghose sees heavier use of macroprudential tools as […]
Read moreJune 11, 2026 8:56 am
Key Moments GBP/JPY recovered from an intraday pullback to the 214.35-214.30 area and moved higher for a fourth consecutive session. Middle East-related economic risks and energy supply concerns pressured the Japanese Yen and lent support to the cross. Prospects of a BoJ rate hike and reduced BoE tightening expectations, alongside UK political uncertainty, limited GBP/JPY […]
Read moreJune 11, 2026 8:47 am
Key Moments USD/INR climbed toward 95.75 as a rebound in crude oil prices pressured the Indian Rupee. Foreign Institutional Investors have been net sellers on every trading day so far in June, offloading Rs. 62,654.34 crore in Indian equities. India’s May CPI is expected at 4% Year-on-Year, up from 3.48% in April, ahead of Friday’s […]
Read moreJune 11, 2026 8:34 am
The EUR/JPY currency pair gained for a third straight trading day on Thursday ahead of the outcome of the European Central Bank’s policy meeting. The ECB is largely expected to raise its main refinancing operations rate by 25 basis points to 2.40% at its June 11th meeting. And, the ECB deposit facility rate is expected […]
Read moreJune 11, 2026 8:32 am
Key Moments USD/CAD declines for a third consecutive session, trading near 1.3940 during Asian hours on Thursday. Stronger-than-expected U.S. inflation data reinforced expectations for a “higher-for-longer” Federal Reserve rate path and erased market hopes for cuts this year. Canadian Dollar support may be limited as weaker crude prices weigh on the commodity-linked currency, with WTI […]
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