June 10, 2026 5:57 am
Key Moments NZD/USD trades largely unchanged near 0.7030 during Wednesday’s Asian session. China’s May CPI and PPI readings deliver a mixed inflation picture versus expectations. Investors focus on the upcoming U.S. May CPI report, which could sway the U.S. Dollar and NZD/USD. NZD/USD Holds Ground in Asian Trade The New Zealand Dollar remains broadly unchanged […]
Read moreJune 9, 2026 2:29 pm
Key Moments Korean authorities introduced new steps to support the KRW, including tighter oversight of offshore FX derivatives and stronger monitoring of market misconduct. The National Pension Service increased its FX hedging through USD forward selling, although the impact may remain limited against ongoing foreign equity outflows. Commerzbank’s Charlie Lay said lasting KRW strength will […]
Read moreJune 9, 2026 2:02 pm
Key Moments Bitcoin fell 2.5% to $62,261.4 by 09:39 ET (13:39 GMT) after a more than 17% drop last week. Strategy Inc (NASDAQ: MSTR) reported a $101 million purchase of 1,550 Bitcoin, lifting its total holdings to 845,256 coins. Spot Bitcoin ETFs recorded $91.4 million in outflows on Monday, following $1.7 billion in redemptions last […]
Read moreJune 9, 2026 1:47 pm
Key Moments EUR/CHF has established a higher low near 0.9090 compared with March’s trough around 0.8980, indicating waning downside pressure. The cross is moving toward the confluence of its 200-day moving average and a multi-year descending trendline in the 0.9240-0.9265 area. Societe Generale identifies 0.9090 as a pivotal support level if EUR/CHF fails to break […]
Read moreJune 9, 2026 1:22 pm
Key Moments Hungary’s May inflation stayed at 1.8% year-on-year, below both market expectations of 2.2% and the National Bank of Hungary’s 3% forecast. ING expects the NBH to begin an easing cycle in June with a 25 bp cut to 6.00%, and a total of 75 bp of easing for the year. EUR/HUF is trading […]
Read moreJune 9, 2026 1:11 pm
Key Moments GBP/USD trades around 1.3390 on Tuesday, up 0.42%, helped by a weaker US Dollar after confirmation that direct Israel-Iran attacks have stopped. Market pricing has flipped from expecting two Bank of England rate cuts to anticipating a 25-basis-point hike before year-end. UK political instability and worries about sluggish growth continue to curb upside […]
Read moreJune 9, 2026 1:05 pm
Key Moments JPY trades back above the 160.00 level against the US Dollar despite a historic high in Japan’s current account surplus. Commerzbank highlights that Oil prices and the Iran conflict are driving the USD/JPY exchange rate in the short term. MUFG expects BoJ tightening, including rate hikes and changes to bond purchases, to have […]
Read moreJune 9, 2026 11:44 am
Key Moments EUR/GBP is trading just above two-week lows around 0.8630 as downside pressure intensifies. Recent German industrial and trade data have had limited impact on Euro price action. A break below 0.8630 would expose the 0.8610-0.8620 area, while 0.8637 caps near-term rebounds. Euro Struggles Against Pound Ahead of ECB The Euro (EUR) is weaker […]
Read moreJune 9, 2026 11:11 am
The GBP/CHF currency pair held near a 6-week high of 1.0668 on Tuesday, following an agreement between Iran and Israel to suspend reciprocal attacks, easing demand for traditional safe-haven assets such as the Swiss Franc. The de-escalation followed an appeal by US President Donald Trump and has lifted market sentiment, with investors viewing it as […]
Read moreJune 9, 2026 10:21 am
Key Moments Bitcoin (BTC/USD) is trading at $62,883 on the 4-hour chart, struggling to overcome resistance around $64,800 within a broader downtrend. Price remains below the 50-MA at $64,477 and the 200-MA at $74,332, with a developing bear flag pattern that often precedes additional downside. Short-term trade plans highlight a no-trade zone between $62,000 and […]
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