October 29, 2026 10:51 am
Key Moments: Hungary’s new medium-term strategy aims to fulfill all euro adoption criteria by 2030, including ERM II participation. Commerzbank highlights ambitious fiscal consolidation and growth assumptions that still leave government debt above EU thresholds. The bank expects HUF to remain near weaker levels into ERM II, as markets anticipate entry with an undervalued currency. […]
Read moreOctober 29, 2026 10:40 am
Key Moments EUR/CAD extends its decline that started on October 16, trading near 1.5580 during Thursday’s European session. The ECB is anticipated to keep its deposit rate at 2.50% as markets look for any indication of potential rate hikes in December. The Bank of Canada lifted its policy rate by 25 bps to 2.50%, bolstering […]
Read moreOctober 29, 2026 8:17 am
Key Moments USD/IDR retreated from a nearly 5-month high of 18,223 on October 27 and traded around 18,127 during Asian hours on Thursday. Indonesia’s 10-year government bond yield climbed to 7.707% on Thursday, exceeding the 2026 budget benchmark of 6.9%. The Federal Reserve kept its policy rate at 3.75%-4.00%, with two officials dissenting in favor […]
Read moreOctober 29, 2026 8:13 am
Key Moments USD/CHF traded around 0.8280 in Asian hours on Thursday after trimming earlier intraday gains. The Federal Reserve kept rates unchanged at 3.75%-4.00%, with two policymakers dissenting in favor of a hike. Switzerland’s ZEW Survey – Expectations index fell sharply to -15.3 in October from +2.6 in September. Fed Holds Rates, Dollar Gives Back […]
Read moreOctober 29, 2026 7:45 am
Key Moments NZD/USD trades near 0.5620 after failing to extend a brief recovery from its post-RBNZ two-week low. Expectations for another Fed rate hike and elevated geopolitical tensions support renewed demand for the USD. Traders focus on the Advance US Q3 GDP report and US PCE data for direction on the Fed policy outlook and […]
Read moreOctober 29, 2026 7:26 am
Key Moments EUR/JPY traded around 175.90 during Asian hours on Thursday after modest gains in the prior session. The pair remains capped below its nine- and 50-day EMAs, with the 14-day RSI near 35 indicating weak momentum. Immediate downside focus stays on the 12-month low at 175.10 and the descending channel floor around 174.60. Technical […]
Read moreOctober 29, 2026 7:04 am
Key Moments AUD/USD traded near 0.7055 in Thursday’s Asian session, extending its recent rebound above the 0.70 level. Australia’s September headline CPI rose 4.3% YoY versus 4.0% in August and above the 4.2% consensus, sharply lifting RBA hike odds. The Fed left its policy rate at 3.75%-4.00%, while markets priced a 78% probability of a […]
Read moreOctober 29, 2026 6:58 am
Key Moments EUR/USD trades around 1.1140 in Asian dealing as the pair retreats following earlier gains. The Federal Reserve keeps its policy rate at 3.75%-4.00%, with two officials voting for an immediate hike. The ECB is widely expected to hold its deposit rate at 2.50%, while markets still price in a possible December increase. Euro […]
Read moreOctober 29, 2026 6:54 am
Key Moments USD/CAD trades near 1.3975 in early Asian hours as the Canadian Dollar firms following the Bank of Canada’s rate increase. The BoC lifts its overnight rate by 25 bps to 2.50% and signals potential for further tightening, while the Fed keeps rates at 3.75% to 4.00%. Rising oil prices and a firmly hawkish […]
Read moreOctober 29, 2026 6:47 am
Key Moments GBP/USD pulls back toward the 1.3300 level during the Asian session after failing to extend its rebound from the 1.3275-1.3270 area. Renewed expectations for a potential Federal Reserve rate hike, supported by elevated energy prices, bolster the U.S. Dollar. Geopolitical tensions and upcoming U.S. GDP and PCE data keep USD in demand, while […]
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