May 29, 2026 7:43 am
Key Moments EUR/USD trades near 1.1635 in early European dealings on Friday as bullish momentum fades. The White House confirms a draft 60-day ceasefire extension MoU between the US and Iran, but President Donald Trump has not yet signed off. Markets fully price in two ECB deposit rate hikes, while economists project two hikes followed […]
Read moreMay 29, 2026 7:28 am
Key Moments USD/CAD attracted dip-buying in Asian trading after a sharp pullback from the 1.3870 area, but remained capped below 1.3800. Reports of a draft 60-day US-Iran ceasefire extension weighed on Crude Oil and the Canadian Dollar, while Fed rate-hike expectations underpinned the US Dollar. Technical indicators stayed constructive, with RSI near 57 and MACD […]
Read moreMay 29, 2026 7:17 am
The AUD/JPY currency pair was mostly steady on Friday, trading not far from a 2-week high of 114.35, as market participants scaled back expectations of additional interest rate hikes by the Reserve Bank of Australia, while soft Tokyo inflation weighed on the Japanese Yen. Disappointing Australian labor market figures for April, combined with consumer inflation […]
Read moreMay 29, 2026 7:07 am
Key Moments AUD/JPY trades lower near 114.00 in early European action on Friday, though the broader bullish trend remains intact. Tokyo core CPI stayed below the BoJ’s 2% target for a fourth straight month in May, while analysts still see scope for inflation to re-accelerate. Markets assign nearly a 93% probability that the RBA will […]
Read moreMay 29, 2026 7:01 am
Key Moments BTC, ETH, and XRP have each declined more than 3% this week, with prices slipping below key moving averages and Fibonacci levels. Bitcoin is trading at $73,600, under major EMAs and the 38.2% Fibonacci retracement of the $60,000–$97,924.49 move, signaling risk of a deeper pullback. Ethereum and XRP are holding just above critical […]
Read moreMay 29, 2026 6:22 am
Key Moments USD/CHF traded around 0.7840 during Asian hours on Friday after modest losses in the prior session. MUFG Bank highlighted that failure to secure a ceasefire extension between Washington and Tehran could lift the US Dollar. Solid Swiss labor data and improving investor sentiment helped limit USD/CHF gains. Geopolitical Tensions Support the Dollar USD/CHF […]
Read moreMay 29, 2026 6:15 am
Key Moments USD/JPY trades marginally higher near 159.32 in Asian hours, with the trend still supported above the 20-day EMA at 158.78. Tokyo CPI ex Fresh Food slowed to 1.3% YoY in May, below both the 1.5% consensus and prior reading, remaining under the BoJ’s 2% target for a fourth straight month. Japan’s Finance Minister […]
Read moreMay 29, 2026 5:53 am
Key Moments: AUD/USD trades above 0.7150 in the Asian session, extending a modest rebound from below 0.7100. US Dollar support stems from ceasefire-extension reports and firm US inflation, while limited RBA hike bets cap AUD gains. Key resistance sits around 0.7180-0.7185, with downside support levels clustered between 0.7109 and 0.6833. Range-Bound Trade Despite Rebound Above […]
Read moreMay 29, 2026 5:47 am
Key Moments GBP/USD trades around 1.3450 in Asian hours after modest prior gains as demand for the US Dollar softens. Reports of a tentative 60-day US-Iran ceasefire extension and mine-clearing plan in the Strait of Hormuz weigh on safe-haven flows. Softer US PCE inflation data and cooling UK indicators temper expectations for aggressive rate hikes […]
Read moreMay 28, 2026 1:49 pm
Key Moments USD/KRW retreated toward 1500 after briefly moving above 1510 as the Bank of Korea held rates while striking a hawkish tone. The Bank of Korea kept its policy rate at 2.50% for the eighth straight meeting, with two board members voting for a 25bps increase. BBH’s Elias Haddad highlighted that KRW is more […]
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