September 16, 2026 9:38 am
Key Moments USD/CAD has advanced for six consecutive sessions, trading near 1.3930 and remaining just below the upper boundary of its ascending channel. Momentum indicators stay constructive, with the 14-day RSI at 56 and spot holding above both the nine-day and 50-day EMAs. Key resistance is seen near 1.3970, while support levels are clustered at […]
Read moreSeptember 16, 2026 9:34 am
Key Moments Commerzbank’s Antje Praefcke flags uncertainty over whether Norges Bank will lift rates in September or postpone action until December. Headline inflation stood at 3% year-on-year in July, with core inflation at 2.7%, both remaining above Norges Bank’s 2% target. Oil prices and developments in the Middle East are described as the dominant external […]
Read moreSeptember 16, 2026 9:21 am
Key Moments EUR/CAD trades around 1.6090, marking a second straight day of gains ahead of Eurozone Industrial Production data for July. Canadian Dollar softens after U.S. crude inventories jump by 7.14 million barrels, breaking a recent upswing in oil prices. Middle East supply risks, including Saudi export cancellations and pipeline disruptions, keep the outlook for […]
Read moreSeptember 16, 2026 8:34 am
Key Moments India’s August CPI inflation reached 4.8% year-on-year, marking the third straight month above the RBI’s 4% midpoint target. Commerzbank economists expect the RBI to keep the policy rate at 5.25% at its next meeting, with a bias toward a hawkish stance. India’s August trade deficit narrowed to USD26.9bn, while USD/INR moved 0.4% higher […]
Read moreSeptember 16, 2026 8:23 am
Key Moments USD/IDR pulled back from a four-day advance to trade near 17,740 in Asian dealings on Wednesday. Markets are pricing in a 92.4% chance of a 25 basis point Fed rate hike to a 3.75%-4.00% target range. Indonesia is contending with domestic growth challenges and a rapid turnover in the finance ministry. Fed Expectations […]
Read moreSeptember 16, 2026 7:59 am
Key Moments EUR/GBP climbed toward the 0.8570 region after UK CPI data aligned with market expectations. UK headline CPI rose to 3.1% year-on-year in August, while core CPI held steady at 2.6%. Markets continued to anticipate that the Bank of England would keep interest rates unchanged at its Thursday meeting. Euro Gains as Pound Softens […]
Read moreSeptember 16, 2026 7:44 am
Key Moments USD/JPY traded around 155.45-155.50, marking a one-week high but showing limited follow-through buying. Markets expected a 25 bps Fed rate increase and closely watched updated projections and Chair Kevin Warsh’s comments. Traders priced in a 25 bps BoJ hike on Friday with increased expectations for another move in December, tempering further yen weakness. […]
Read moreSeptember 16, 2026 7:40 am
Key Moments USD/CHF pulled back to around 0.8180 in Asian trading, ending a five-session advance. Futures pricing reflected a 92.4% implied probability of a 25 basis point Fed rate hike to 3.75%-4.00%. OECD lifted its Swiss growth outlook to 2% after a 1.5% second-quarter expansion, the strongest in five years. USD/CHF Retreats as Traders Await […]
Read moreSeptember 16, 2026 7:26 am
Key Moments AUD/JPY trades around 110.70 in early European dealings on Wednesday, supported by a weaker JPY as higher energy prices weigh on Japan’s import bill. Market expectations center on a 25-basis-point BoJ rate hike at the upcoming policy meeting, which would take borrowing costs to their highest level since April 1995. Despite intraday gains, […]
Read moreSeptember 16, 2026 6:46 am
Key Moments Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) fell more than 3%, 4% and 9%, respectively, after the Clarity Act failed to progress in the Senate on Tuesday. All three assets are consolidating on Wednesday as market participants await the Federal Reserve’s interest rate decision and guidance from Chairman Kevin Warsh. BTC and ETH […]
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