August 12, 2026 9:47 am
Key Moments The Brazilian Real (BRL) underperformed despite a generally favorable backdrop for FX carry trades. A bank’s downgrade of Brazilian equities and a new presidential poll showing President Lula extending his lead weighed on BRL. ING’s Chris Turner expects high implied yields and Brazil’s net energy exporter status to support BRL, with USD/BRL seen […]
Read moreAugust 12, 2026 9:42 am
Key Moments Rabobank’s Jane Foley highlights that UK budget uncertainty is underpinning a cautious stance on EUR/GBP, with a preference to buy on pullbacks toward 0.85. Planned fiscal rule flexibility and increased infrastructure spending under the Burnham government are seen as potential sources of additional gilt supply and tax concerns. Market nerves around UK fiscal […]
Read moreAugust 12, 2026 9:35 am
Key Moments USD/CHF trades around 0.8125, up 0.17%, with the Swiss Franc weaker against the U.S. Dollar ahead of the July CPI release. Consensus expectations point to subdued U.S. inflation, with headline CPI seen at 0.1% month-on-month and core at 0.2%. USD/CHF holds a mildly bullish technical bias above its 20-day EMA at 0.8104, with […]
Read moreAugust 12, 2026 8:24 am
Key Moments GBP/JPY trades near a two-week high around 215.35-215.40 during the first half of Wednesday’s European session, extending its rebound from last week’s early-March lows. The Yen gives back much of its recent recovery as Japan’s still-low borrowing costs keep carry trades attractive despite a Bank of Japan rate hike to the highest level […]
Read moreAugust 12, 2026 8:03 am
Key Moments EUR/USD was last seen near 1.1540 after a subdued session, closing almost flat at -0.02%. Analysts at UOB expect intraday consolidation within a 1.1530-1.1560 range, with 1.1560 as near-term resistance. On a 1-3 week horizon, a daily close above 1.1580 is required to target 1.1600 and higher, while 1.1515 remains strong support. Short-Term […]
Read moreAugust 12, 2026 7:51 am
Key Moments EUR/JPY has been trading with limited movement around 183.90 for a second straight day during Asian hours on Wednesday. The pair is hovering between the nine-day EMA at 183.46 and the 50-day EMA at 184.54, reflecting a mildly bearish but still supported tone. The 14-day RSI stands at 48.21, indicating neutral momentum with […]
Read moreAugust 12, 2026 7:27 am
Key Moments Bitcoin (BTC) trades around $63,700 on Wednesday, staying below its 50-day, 100-day, and 200-day EMAs and maintaining a bearish near-term tone. Ethereum (ETH) hovers near $1,885 after rebounding from its 50-day EMA at $1,864, while remaining capped under the 100-day EMA at $1,924. XRP holds at approximately $1.021 after rebounding from the $1.000 […]
Read moreAugust 12, 2026 7:12 am
Key Moments USD/CAD edged higher in Asian trading after touching 1.3915, its weakest level since June 10, but remained around 1.3930 with limited upside momentum. Firm crude oil prices, supported by geopolitical tensions involving Iran and Houthi attacks, continued to bolster the Canadian Dollar and cap gains in USD/CAD. Market pricing reflected more than a […]
Read moreAugust 12, 2026 7:01 am
Key Moments NZD/USD extended losses for a third straight session, trading near 0.5870 in Asian hours on Wednesday as the US Dollar strengthened. Markets were split on the likelihood of a 25-basis-point Fed hike in September, with implied odds easing to about 48% from 52% the previous day. Investors largely anticipated a September rate increase […]
Read moreAugust 12, 2026 6:51 am
Key Moments AUD/USD trades near 0.7060 in Asian hours after giving back prior-day gains as the US Dollar firms ahead of key inflation data. Market-implied probability of a 25-basis-point Fed hike in September slips to nearly 48%, down from 52% the previous day. Australian policy outlook diverges among major banks, with some flagging energy-driven inflation […]
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