May 28, 2026 7:58 am
Key Moments Bitcoin (BTC) traded below $74,000 on Thursday, marking a third straight session of losses and coinciding with roughly $700 million in crypto liquidations over 24 hours. US President Donald Trump reiterated strong support for digital assets and the Digital Asset Market Clarity (CLARITY) Act, which is awaiting a full Senate floor vote requiring […]
Read moreMay 28, 2026 7:53 am
Key Moments EUR/USD falls about 0.3% to trade near 1.1590 during the Asian session amid heightened geopolitical tensions. Reports of Iranian retaliation near Bandar Abbas and attacks on US military bases weigh on risk sentiment and boost the US Dollar Index to around 99.53. Market participants look ahead to US PCE inflation for April and […]
Read moreMay 28, 2026 7:49 am
Key Moments The New Zealand Dollar trades near 0.5883 against the US Dollar after the New Zealand budget 2026 announcement. New Zealand’s Debt Management Office cut its four-year gross bond issuance plan to NZ$124 billion from NZ$130 billion, while keeping the current year’s NZ$34 billion program unchanged. The RBNZ kept the OCR at 2.25%, but […]
Read moreMay 28, 2026 6:33 am
Key Moments USD/JPY trades higher for a third consecutive session, reaching a four-week peak near 159.60 in Asian trading on Thursday. Concerns over disruptions to energy flows through the Strait of Hormuz weigh on the Japanese Yen and bolster USD/JPY. Market participants eye US PCE inflation and preliminary GDP data while watching for potential Japanese […]
Read moreMay 28, 2026 5:52 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.8240. The new fixing compared with the previous day’s rate of 6.8291. The latest fixing diverged from a Reuters estimate of 6.7861. Updated Central Parity for USD/CNY The People’s Bank of China (PBOC) set the USD/CNY central rate for the upcoming Thursday […]
Read moreMay 27, 2026 1:29 pm
Key Moments Commerzbank’s Antje Praefcke underscores Riksbank member Per Jansson’s view that weaker demand, higher rates, and easing inflation give Sweden room to wait despite the Iran-related energy shock. Praefcke considers the potential downside for SEK limited if the Iran conflict is resolved and energy prices fall, as markets have not aggressively priced in rate […]
Read moreMay 27, 2026 12:26 pm
Key Moments AUD/NZD is falling as recent Australian inflation and employment data reduce expectations for further RBA rate hikes. The RBNZ’s hawkish hold contrasts with a softer RBA stance, narrowing the Australia-New Zealand rate differential that had supported AUD. AUD/NZD has dropped more than 1.2% on Wednesday, with a break below 1.2130 (50dma) seen as […]
Read moreMay 27, 2026 12:04 pm
Key Moments Hungary’s central bank held its key rate at 6.25%, citing inflation risks tied to the Iranian conflict and elevated global energy prices. The forint has appreciated more than 7% year-to-date, making it the strongest performer in Central and Eastern Europe and creating room for rate cuts. Commerzbank expects one or two rate cuts […]
Read moreMay 27, 2026 11:01 am
The EUR/AUD currency pair gained more than 0.5% on Wednesday, as the Euro surged on renewed confidence that the European Central Bank will maintain a forceful approach to inflation. ECB policy maker Francois Villeroy de Galhau underscored this stance on Tuesday, reiterating that the central bank “will do what is necessary” to ensure inflation remains […]
Read moreMay 27, 2026 9:21 am
Key Moments NZD/USD rebounded after the RBNZ left rates unchanged but signaled a more hawkish policy outlook. Persistent US-Iran tensions and expectations of a Fed rate hike have constrained further NZD/USD gains. Traders turned attention to upcoming US PCE inflation data and preliminary GDP figures scheduled for Thursday. RBNZ Decision Sparks NZD/USD Rebound The NZD/USD […]
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