June 5, 2026 6:36 am
The NZD/JPY currency pair hovered above a 1-week low of 93.59 on Friday due to renewed strength in the Japanese Yen amid elevated concerns that authorities could step in to support the currency. Japan’s Finance Minister Satsuki Katayama said that policy makers remained fully ready to take “appropriate action” in the foreign exchange market if […]
Read moreJune 5, 2026 6:24 am
Key Moments AUD/USD trades near 0.7120 in early Asian dealings on Friday as upside momentum fades. Middle East tensions and uncertainty around US-Iran negotiations support demand for the US Dollar. RBA Governor Michele Bullock reiterates a firm anti-inflation stance after lifting the cash rate to 4.35% earlier this year. Australian Dollar Under Pressure Around 0.7120 […]
Read moreJune 5, 2026 6:09 am
Key Moments USD/JPY traded around 159.90 during Asian hours on Friday, extending its decline for a second straight session. Japan’s foreign reserves dropped by USD 77.11 billion in May to USD 1.31 trillion, the lowest level since July last year. Japan’s Labor Cash Earnings rose 3.5% year-on-year in April, marking the 52nd consecutive month of […]
Read moreJune 5, 2026 5:59 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity at 6.8157, down from 6.8203. Meanwhile, Reuters estimated the fixing would come in at 6.7735. In addition, the PBoC uses several policy tools, including the Loan Prime Rate, China’s benchmark interest rate. Reference Rate Update The People’s Bank of China (PBoC) set the […]
Read moreJune 5, 2026 5:52 am
Key Moments EUR/USD trades around 1.1620 in early Asian dealings as investors await key U.S. jobs figures for May. Markets are looking to the U.S. Nonfarm Payrolls report, with forecasts calling for 85,000 new jobs and a 4.3% Unemployment Rate. Expectations for further Federal Reserve and European Central Bank policy moves are shaping sentiment toward […]
Read moreJune 4, 2026 1:45 pm
Key Moments The National Bank of Poland governor delivered a dovish message following a downside inflation surprise. Policy rates are seen on hold, with potential hikes only if oil prices rise sharply or fuel price caps are removed. The zloty has remained confined to a 4.225-4.265 range against the euro, with limited directional drivers. NBP […]
Read moreJune 4, 2026 1:23 pm
Key Moments ING’s Chris Turner sees USD/BRL potentially moving toward 5.14 amid a stronger US Dollar and domestic political and trade headwinds. Short-dated Brazilian rates have been selling off since late last week, with BRL now seen as aligning more closely with domestic rate market repricing. Despite the correction, BRL dips are expected to attract […]
Read moreJune 4, 2026 12:45 pm
Key Moments Bitcoin fell to $61,300, its lowest level since February, before stabilizing near $63,000. Long-term holders sold about $2.4 billion (€2.1bn) of Bitcoin in early June, including coins bought above $90,000. US spot Bitcoin ETFs logged a thirteenth straight day of outflows, with another $50 million (€43mn) withdrawn. Deepening Price Decline Hits Bitcoin Bitcoin’s […]
Read moreJune 4, 2026 11:40 am
The NZD/SEK currency pair hovered above a 1-week low of 5.4910 on Thursday, as the Krone received a boost after the latest Swedish CPI figures. Sweden’s annual consumer inflation has picked up to its highest level since October 2025 in May, flash data showed. Consumer prices rose 0.8% year-on-year in May, rebounding from a 0.1% […]
Read moreJune 4, 2026 10:29 am
Key Moments EUR/JPY trades near 185.85 on Thursday, up 0.12%, as markets position for an ECB rate hike in June. Eurozone data show firmer PMIs and persistent PPI inflation alongside a 0.4% MoM drop in April Retail Sales. Expectations for further BoJ tightening and potential FX intervention continue to restrain EUR/JPY upside. Euro Supported by […]
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