Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Australian Dollar Rebounds, Upside Remains Limited Now.

June 11, 2026 6:13 am
Key Moments AUD/USD climbed back above the 0.7000 level after touching a new two-month low during the Asian session on Thursday. Softer core US inflation data weighed on the USD, even as markets continued to price in a roughly 70% probability of a Fed rate hike by year-end. Easing expectations for further Reserve Bank of […] Read more

Sterling Holds Above 1.3350 as Fed Tightening Odds Rise

June 11, 2026 5:58 am
Key Moments GBP/USD traded near 1.3385 during Thursday’s Asian session as the pair extended modest gains. Market-implied odds of a 25 basis-point Fed hike in December rose to 43.7%, up from about 14% a month earlier. Bank of England officials signaled they are in “no rush to raise interest rates,” with traders awaiting UK GDP […] Read more

NZD Remains Stable as Inflation and China Data Clash

June 10, 2026 2:24 pm
Key Moments NZD/USD trades around 0.5815 on Wednesday, showing little net change despite a busy data calendar. China’s May CPI falls 0.1% MoM while PPI climbs 3.9% YoY, offering conflicting signals for NZD-sensitive China exposure. U.S. CPI accelerates to 4.2% YoY in May, a three-year high, but the U.S. Dollar reaction remains muted. NZD/USD Stagnates […] Read more

Canadian Dollar Flows Pivot Ahead of June BoC Rate Decision

June 10, 2026 1:00 pm
Key Moments BNY’s Bob Savage reports that Canadian Dollar flows have completely reversed going into the June Bank of Canada decision compared with April, when CAD demand was generally positive. Weaker real and nominal rates and expectations that the BoC will rank among the most dovish G10 central banks are cited as key drivers of […] Read more

South African Rand Pressured by Weak Private Demand

June 10, 2026 12:42 pm
Key Moments South Africa’s GDP expanded slightly faster in the first quarter than most analysts in a Bloomberg survey had anticipated. Growth was supported by a stronger trade balance and government-driven domestic demand, while private consumption and investment remained subdued. Higher energy import costs, softer precious metal prices, and uncertainty linked to the Iran conflict […] Read more

EUR/JPY extends gains as traders await ECB decision

June 10, 2026 10:51 am
The EUR/JPY currency pair extended gains on Wednesday 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 to be raised to 2.25%. […] Read more

Cardano Near Multi-Year Lows as On-Chain Signals Bottom

June 10, 2026 10:12 am
Key Moments ADA trades around $0.1600 after a roughly 30% slide last week, with price pressure persisting on Wednesday. Dormant supply spent surged to 40.6 billion ADA on June 9, signaling possible exhaustion of long-term seller activity. Futures Open Interest has fallen to $347.55 million, the lowest since November 10, 2024, reflecting weaker retail participation. […] Read more

Soft Hungarian Inflation Boosts MNB Rate-Cut Hopes

June 10, 2026 9:19 am
Key Moments Hungary’s CPI inflation eased to 1.8% y/y in May from 2.1% y/y in April, coming in below the lower bound of the MNB’s tolerance range. The current key policy rate remains at 6.25%, with Commerzbank seeing a strengthened case for a rate cut at the 23 June meeting. Commerzbank expects EUR/HUF to trade […] Read more

GBP/JPY Extends Rally as Yen Softens on Risk Fears

June 10, 2026 9:08 am
Key Moments GBP/JPY traded near 214.70 after rebounding from the 214.30-214.25 zone, posting its third consecutive daily advance. Ongoing concerns over Middle East tensions and disruptions through the Strait of Hormuz weighed on JPY, while a softer USD supported GBP. Expectations for a Bank of Japan rate hike on June 15-16 and potential FX intervention […] Read more

Yen Stays Under Pressure Despite Japan Inflation Jump

June 10, 2026 9:00 am
Key Moments USD/JPY trades around 160.40 during Asian hours on Wednesday, with the Yen showing little reaction to stronger inflation data. Japan’s Producer Price Index rises 6.3% year-over-year in May, exceeding both April’s revised 5.3% and the 5.5% market consensus. Heightened Middle East tensions and robust US labor data underpin expectations for a firmer US […] Read more