October 22, 2026 11:13 am
Key Moments Softer September inflation eased expectations for a November rate hike by the South African Reserve Bank and lifted real interest rates. A better-than-expected mid-year budget, with higher revenues and a smaller deficit, supported confidence in South Africa’s fiscal trajectory. Commerzbank anticipates near-term pressure on ZAR but expects the currency to regain ground next […]
Read moreOctober 22, 2026 10:33 am
Key Moments Softer September inflation eased expectations for a November rate hike by the South African Reserve Bank and lifted real interest rates. A better-than-expected mid-year budget, with higher revenues and a smaller deficit, supported confidence in South Africa’s fiscal trajectory. Commerzbank anticipates near-term pressure on ZAR but expects the currency to regain ground next […]
Read moreOctober 22, 2026 10:28 am
Key Moments EUR/CAD continued its decline for a third straight session, trading near 1.5750 during European hours on Thursday. A sharp upswing in crude oil prices following drone attacks on Saudi Aramco’s Shaybah facility supported the Canadian Dollar. Analysts at Danske Bank linked the Euro’s weakness to elevated energy prices and renewed concerns over French […]
Read moreOctober 22, 2026 8:48 am
Key Moments GBP/USD trades close to a monthly peak near 1.3410, supported by stronger UK inflation data. Hot September CPI has reinforced expectations for further Bank of England tightening. Market participants now look ahead to UK Retail Sales and flash UK-US PMI data scheduled for Friday. GBP Supported Near Monthly High The British Pound (GBP) […]
Read moreOctober 22, 2026 8:32 am
Key Moments EUR/GBP recovered from 17-month lows near 0.8370 but has so far failed to sustain a move above 0.8400. High Oil prices and concerns over France’s fiscal situation are seen limiting the scope of any Euro recovery. Stronger UK inflation and GDP data have reinforced expectations for a potential Bank of England rate hike […]
Read moreOctober 22, 2026 8:22 am
Key Moments RBI minutes showed a hawkish shift with a 25bp repo rate hike and a move to a calibrated tightening stance. Indian Government bond yields remained high, while the INR gained around 1.5%/USD over the month. Rupee strength was supported by FX measures, IPO-related inflows and tighter oversight of overseas investments. Policy Turn: RBI […]
Read moreOctober 22, 2026 8:17 am
Key Moments ING’s Frantisek Taborsky expects the Central Bank of Turkey to cut its policy rate by 100bp to 36.00% and to deliver additional 100bp cuts in October and December. The policy rate is projected to reach 35% by year-end, compared with a year-end inflation forecast of 29.0%. Despite crowded long TRY positioning, the carry […]
Read moreOctober 22, 2026 8:12 am
Key Moments USD/CHF trades around 0.8230 in Asian hours on Thursday, marking a third straight daily decline. Futures pricing signals an 84% chance the Federal Reserve holds rates steady next week and a 90% probability of a hike in December. Low Swiss interest rates support carry trades, increasing selling of CHF to fund investments in […]
Read moreOctober 22, 2026 8:10 am
Key Moments AUD/JPY trades in negative territory near 110.60, maintaining a modestly bearish tone below key technical levels. Comments from Bank of Japan officials supporting progress toward the 2% inflation target underpin the Japanese Yen. Technical structure highlights resistance at 111.15 and 112.10, with support starting around 110.20 and extending toward 109.20. Cross Slides in […]
Read moreOctober 22, 2026 7:55 am
Key Moments XRP trades below $1.36 and remains capped under its 50-day and 200-day EMAs, keeping the short-term bias bearish. XLM pulls back under $0.183, with price stuck beneath a cluster of key EMAs between roughly $0.190 and $0.192. Derivatives and on-chain metrics show mixed but generally cautious sentiment for both altcoins, with futures markets […]
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