June 8, 2026 2:26 pm
Key Moments ING economists say the Hungarian Forint has gained 11-12% against the euro since mid-March despite geopolitical uncertainty. Over the past two years, the HUF has strengthened by about 15%, exceeding ERM II volatility limits. Meanwhile, ING expects policymakers to prioritize exchange rate stability and keep EUR/HUF near the 360-370 range. ING Highlights Strong […]
Read moreJune 8, 2026 1:53 pm
Key Moments AUD/USD trades around 0.7070, up 0.33%, after briefly touching an almost eight-week low near 0.7024. RBA Governor Michele Bullock reiterates the bank’s determination to curb elevated inflation and maintain price stability and full employment. Stronger-than-expected US May Nonfarm Payrolls and shifting Fed rate expectations contrast with a pullback in the US Dollar Index […]
Read moreJune 8, 2026 9:45 am
Key Moments XRP is trading at $1.14, well below its 200-day moving average at $1.61, with an RSI of 30.66 signaling oversold conditions. Failed attempts to clear the $1.20 resistance level and a negative futures funding rate of -0.0061% are reinforcing the bearish structure. Current projections assign a 70% probability that XRP will revisit the […]
Read moreJune 8, 2026 9:27 am
Key Moments BTC/USD is trading at $63,228 on the 1-hour chart, sitting just below a key resistance zone at $63,447. Momentum indicators are turning cautious, with a MACD bearish crossover and declining volume as price inches higher. Defined trade setups outline bullish, conservative, and breakdown strategies, while $62,800–$63,400 is flagged as a no-trade compression range. […]
Read moreJune 8, 2026 9:01 am
Key Moments GBP/JPY bounces from a one-week low near 213.30 but trades below 214.00 in early European dealings Expectations of potential Japanese intervention and BoJ rate hikes help support the Yen and restrain the cross UK political instability surrounding Prime Minister Keir Starmer weighs on the Pound and curbs further gains GBP/JPY Edges Higher From […]
Read moreJune 8, 2026 8:40 am
The USD/MYR currency pair held in proximity to a 21-week high of 4.0700 on Monday, as the latest stronger-than-expected US Non-farm Payrolls report added to US Dollar strength. The US economy has generated 172,000 jobs in May, exceeding the 85,000 consensus forecast and surpassing the prior month’s upwardly revised figure of 179,000. The US unemployment […]
Read moreJune 8, 2026 8:31 am
Key Moments USD/INR trades near 95.65 as the Rupee weakens at the start of the week amid stronger U.S. labor data and higher oil prices. May U.S. Nonfarm Payrolls come in at 172K versus 85K expected, pushing up hawkish Federal Reserve expectations and lifting the U.S. Dollar Index toward 100.00. Foreign Institutional Investors have been […]
Read moreJune 8, 2026 8:18 am
Key Moments DOGE trades around $0.0850 on Monday after a 5% bounce from the February 6 low at $0.0800. Wallets holding 100 million to 1 billion DOGE have reduced their share of supply to 22.95%, the lowest level in five months. DOGE futures Open Interest has retreated from $1.76 billion to just above $1 billion, […]
Read moreJune 8, 2026 8:08 am
Key Moments USD/IDR touched an all-time high of 18,210 and was last trading near 18,200, extending gains for a fifth straight session. Bank Indonesia’s foreign exchange reserves fell by $1.3 billion in May to $144.9 billion, the lowest level in nearly two years and equal to 5.6 months of imports. Stronger US labor market data […]
Read moreJune 8, 2026 7:54 am
Key Moments AUD/JPY trades around 113.05 in Monday trading, maintaining gains above the 100-day simple moving average. RBA Governor Michele Bullock reiterates commitment to fighting inflation after lifting the cash rate to 4.35% this year. Technical setup points to resistance at 113.90 and 114.90, with key support levels at 112.90 and 111.60. Cross Supported Above […]
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