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Yen Softens as Oil Rally and Policy Outlook Bolster Dollar-Yen Pair

October 28, 2026 7:36 am
Key Moments USD/JPY extends gains for a fourth straight session, trading near 158.00 during Asian hours on Wednesday. Rising crude oil prices weigh on the import-dependent Japanese economy, adding pressure on the Yen. Markets expect both the BoJ and the Fed to keep rates unchanged at their upcoming meetings, while still pricing in potential December […] Read more

Aussie Hits Multi-Year High vs Kiwi as Policies Diverge

October 28, 2026 7:32 am
Key Moments AUD/NZD jumped to its highest level since March 2013 during the Asian session before easing toward 1.2550. Stronger-than-expected Australian consumer inflation and hawkish RBA expectations provided a powerful boost to the Australian Dollar. The RBNZ’s surprise decision to leave the OCR at 2.75% in a 4-3 vote weighed heavily on the New Zealand […] Read more

Aussie Rallies as Inflation Surprise Lifts RBA Bets

October 28, 2026 7:30 am
Key Moments AUD/JPY traded around 111.30 during Asian hours on Wednesday, extending its winning streak to a fourth session. Australia’s annual CPI reached 4.3% in September, exceeding both August’s 4.0% and the 4.2% market forecast, and remaining above the RBA’s 2-3% target band. Market-implied odds of a November Reserve Bank of Australia rate increase rose […] Read more

Euro Holds Range as Fed and ECB Rate Decisions Loom

October 28, 2026 7:13 am
Key Moments EUR/USD traded around 1.1125 during early Asian hours on Wednesday, with participants reluctant to add risk ahead of the Federal Reserve decision. Futures pricing showed a 92.8% probability that the Fed would leave rates unchanged in October, with an 84.4% chance of a hike in December. EUR/USD technicals remain bearish, with the pair […] Read more

Kiwi Dips Below 0.5600 as RBNZ Holds Rates Unchanged

October 28, 2026 7:10 am
Key Moments NZD/USD dropped below 0.5600 in Asian trading after the RBNZ left the Official Cash Rate unchanged. The New Zealand Dollar weakened amid an on-hold decision that contrasted with a widely anticipated 25 bps hike. Traders focus on the RBNZ press conference and the upcoming FOMC decision for further direction on NZD/USD. NZD Hit […] Read more

Aussie Gains as Hot Inflation Sparks RBA Rate Hike Bets

October 28, 2026 7:04 am
Key Moments AUD/USD traded near 0.7050-0.7055, its highest level since September 23, after stronger-than-expected Australian CPI data. Australia’s annual CPI reached 4.3% versus a 4.2% consensus and 4.0% previously, reinforcing expectations for a possible RBA rate increase in November. The US Dollar advanced to a two-week high ahead of the FOMC decision, limiting further gains […] Read more

China Central Bank Marginally Lowers Daily Yuan Fix

October 28, 2026 6:55 am
Key Moments PBOC set the USD/CNY central parity at 6.7165 for Wednesday’s trading session. The new fixing compares with the previous day’s 6.7171 level. The latest fixing diverged from a 6.6734 Reuters estimate. Latest USD/CNY Central Parity Setting On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the upcoming trading […] Read more

GBP/USD Drops Near 1.33 as Stronger Dollar Caps Rally

October 27, 2026 1:39 pm
Key Moments GBP/USD traded near 1.3320, down 0.15%, after sliding to a one-week low amid persistent US Dollar strength. Support clustered around the 38.2% Fibonacci retracement at 1.3311 limited losses ahead of the UK Autumn Budget and FOMC decision. Technical signals showed fragile upside momentum, with GBP/USD constrained below the 200-day EMA at 1.3401. GBP/USD […] Read more

EUR/GBP Struggles Near Lows on Weak Euro Sentiment

October 27, 2026 9:17 am
Key Moments EUR/GBP trades around 0.8370, hovering just above the year-to-date trough at 0.8361 after failing to clear the 0.8400 area. High Oil prices and persistent worries over France’s fiscal outlook weigh on Euro performance against Sterling. Technical signals show fading bearish momentum, but a move above 0.8400 is still needed to confirm a meaningful […] Read more

NZD/USD Rises on Diverging Fed and RBNZ Rate Paths

October 27, 2026 8:57 am
Key Moments NZD/USD traded near 0.5690 during European hours on Tuesday after recovering from modest prior-session losses. Traders expected the RBNZ to raise its policy rate by 25 basis points to 3% on Wednesday, following earlier moves in July and September. Fed funds futures, via the CME FedWatch Tool, showed an 89.5% probability of an […] Read more