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PBOC Lifts Yuan Fixing Rate Higher Against Dollar Today

June 22, 2026 5:55 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity at 6.8150 The new fixing compares with last Thursday’s reference rate of 6.8130 The official fixing was set against a Reuters estimate of 6.7733 Latest USD/CNY Central Parity Setting On Monday, the People’s Bank of China (PBOC) announced the central reference rate for […] Read more

AUD/USD Near 0.7000 as Risk-Off Mood Backs Dollar, Bias

June 22, 2026 5:48 am
Key Moments AUD/USD continues to trade in a tight range just above 0.7000 for a third straight session during Asian hours on Monday. A hawkish Federal Reserve stance and weaker risk sentiment are supporting the US Dollar, while RBA signals of possible further hikes are cushioning AUD downside. Technical signals remain broadly bearish, with AUD/USD […] Read more

Loonie Slips on Weak Retail Sales, Oil Drop Drives USD/CAD

June 20, 2026 12:25 pm
Key Moments USD/CAD trades near 1.4170, its highest level since April 2025, as softer Canadian data weighs on the Loonie. Canadian Retail Sales rise 0.5% in April, missing expectations, while ex-auto sales increase just 0.1%. Markets price in a 70% probability of a Federal Reserve rate hike in September, supporting the US Dollar. USD/CAD Extends […] Read more

BOJ Faces Inflation Pressures; Yen Nears 2026 Lows Amid

June 20, 2026 11:54 am
Key Moments USD/JPY has been trading around 161.31, close to its 2026 high of 161.80 after climbing from about 155.0 in April. Mizuho Securities notes that the Bank of Japan maintained a tightening bias and is continuing to consider further rate hikes. Mizuho expects the BoJ’s preferred core CPI measure to rise into the 2.5%-3.0% […] Read more

UBS Sees Euro Recovery Against Dollar Despite Risks Soon

June 20, 2026 11:17 am
Key Moments EUR/USD has dropped to about 1.1470 after trading above 1.16 earlier in June. UBS anticipates EUR/USD will stay around 1.15-1.16 in the near term, with downside risks if Fed tightening remains in focus. The bank forecasts a gradual move higher, with EUR/USD reaching 1.20 by March and June 2027. Recent EUR/USD Weakness The […] Read more

Bitcoin Reclaims $63K as Regulatory Changes Loom Ahead

June 20, 2026 11:08 am
Key Moments Bitcoin traded at $63,453.3, up 1.72%, after briefly falling below $63,000 earlier in the week. Over $450 million in leveraged crypto positions were liquidated over the past week, predominantly from long positions. Regulatory momentum accelerated across Ireland, the United States, and Argentina, underscoring digital assets’ growing role in global policy debates. Bitcoin Rebounds […] Read more

Fed Pause Triggers Bitcoin ETF Outflows; $54K Now Focus

June 20, 2026 10:36 am
Key Moments U.S. spot Bitcoin ETFs recorded $82.2 million in net redemptions on June 17 following the Federal Reserve’s latest policy decision under Chair Kevin Warsh. On Polymarket, traders assign a 99.9% probability that Bitcoin settles above $54,000 on June 21, with odds falling sharply at higher price levels. The June 21 Polymarket ladder contract, […] Read more

Euro Struggles as Dollar Holds Firm After Recent Surges

June 19, 2026 12:07 pm
Key Moments EUR/USD trades around 1.1460 after rebounding from a three-month low near 1.1420, yet remains about 0.9% lower for the week. US Dollar strength has been supported by expectations of additional Federal Reserve tightening and resilient US economic data. German producer inflation eased on a monthly basis in May, reinforcing the view that energy-related […] Read more

Dollar Strength Propels USD/CHF Toward Multi-Month Highs

June 19, 2026 10:11 am
Key Moments USD/CHF extended its rebound from the 0.7900 area, advancing for a third straight session and approaching the 0.8100 zone. A stronger US Dollar, supported by the Fed’s hawkish stance and uncertainty over US-Iran talks, underpinned gains in the pair. Technical signals, including a hold above the 200-day SMA and a positive MACD, continued […] Read more

USD/CAD Extends Rally to 14-Month Peak, Overbought

June 19, 2026 10:06 am
Key Moments USD/CAD touched a 14-month high at 1.4159, aligning with the top of an ascending price channel. The pair has traded higher for seven consecutive sessions and was around 1.4140 during European hours on Friday. The 14-day Relative Strength Index near 85 signaled stretched upside momentum even as the broader bullish structure stayed intact. […] Read more