October 29, 2026 6:43 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.7147 for the upcoming Thursday session. The new fixing compared with the previous day’s reference rate of 6.7165. The latest central rate differed from the 6.6596 estimate reported by Reuters. Updated USD/CNY Central Parity Rate The People’s Bank of China (PBOC) […]
Read moreOctober 28, 2026 2:03 pm
Key Moments GBP/JPY trades about 0.17% lower near 209.70 during Wednesday’s European session as the Pound softens ahead of the UK Autumn Forecast Statement. ABN AMRO expects Chancellor John Healey to emphasize rebuilding fiscal headroom, targeting a range of around £18-24bn, with market reaction seen hinging on the eventual figure. Brown Brothers Harriman notes markets […]
Read moreOctober 28, 2026 11:23 am
Key Moments EUR/GBP trades near 0.8370, hovering just above a 17-month low of 0.8360 after nearly a 3% slide over the last five weeks. Market focus in the UK centers on Chancellor John Healey’s upcoming budget and how it will fund previously announced tax exemptions. Germany’s GfK Consumer Confidence index fell to -30.8 in October, […]
Read moreOctober 28, 2026 11:17 am
Key Moments EUR/CAD trades near 1.5640 after six consecutive daily declines as investors await the Bank of Canada’s rate decision. Markets have largely discounted a 25-basis-point BoC hike, with elevated crude prices lending additional support to the Canadian Dollar. The Euro remains under pressure from fiscal worries, bond market volatility, and expectations that the ECB […]
Read moreOctober 28, 2026 11:12 am
Key Moments Commerzbank’s Tatha Ghose sees limited short-term FX reaction, but warns that domestic political risk could raise the Czech koruna’s risk premium over time. The Czech government plans to scrap the CZK 205 monthly public media license fee, shift financing to the state budget, and cut broadcaster funding by 15% from 2027. Protests, planned […]
Read moreOctober 28, 2026 9:30 am
Key Moments USD/CHF traded around 0.8300 in Asian hours, marking a fourth straight session of gains. Markets priced a 92.8% chance of the Fed holding rates at 3.75%-4.0%, with an 84.4% probability of a December hike. SNB policymakers kept rates at 0% and signaled stable policy through 2027, despite inflation pressures from oil and a […]
Read moreOctober 28, 2026 8:18 am
Key Moments USD/CAD continues its recovery for a second session, advancing beyond the mid-1.4000 region after rebounding from the 1.3970-1.3965 area. Markets are pricing in more than an 80% probability of a December Fed rate hike, while the BoC is expected to raise its policy rate by 25 bps. Geopolitical tensions and firm crude oil […]
Read moreOctober 28, 2026 8:07 am
Key Moments EUR/JPY traded around 175.65 in early European hours on Wednesday, staying in negative territory below its 100-day moving average. Japanese officials reiterated readiness for decisive FX action, while markets looked ahead to ECB and BoJ policy decisions later in the week. Technical signals showed EUR/JPY near lower Bollinger Band support at 175.45, with […]
Read moreOctober 28, 2026 7:49 am
Key Moments Bitcoin trades at $80,926 on Wednesday, holding above its 50-day, 100-day and 200-day EMAs and approaching the $81,000 area. Ethereum changes hands at $2,357, fluctuating between its 100-day and 200-day EMAs and maintaining a neutral to slightly bearish short-term tone. XRP trades at $1.336 after rebounding from support near $1.300 earlier in the […]
Read moreOctober 28, 2026 7:40 am
Key Moments: GBP/USD extends its decline toward 1.3300 during Asian trade as investors turn cautious ahead of the UK budget and the Fed decision. Markets assign a 92.8% probability that the Fed will keep rates unchanged in October, with an 84.4% likelihood of a December hike. GBP/USD trades below its 100-day SMA, with key technical […]
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