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PBOC Nudges Yuan Fix Stronger Against Dollar

September 3, 2026 5:46 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.7807. The latest fixing came in below the prior session’s reference rate of 6.7829. The PBOC’s fixing contrasted with a 6.7167 USD/CNY estimate cited from Reuters. Updated Daily Fix for USD/CNY The People’s Bank of China (PBOC) set the central USD/CNY reference […] Read more

Euro Gains on Softer Oil, Rising ECB Hike Bets

September 2, 2026 10:06 am
Key Moments EUR/CAD trades around 1.6120, marking a second consecutive day of gains amid pressure on the Canadian Dollar from weaker oil prices. Fresh US strikes on Iranian targets near the Strait of Hormuz raise the risk of energy supply disruption and the potential for a rebound in West Texas Intermediate crude. Eurozone inflation above […] Read more

Rupee Holds as Fed Tightening Lifts the Dollar

September 2, 2026 8:04 am
Key Moments The Indian Rupee trades around 94.90 per US Dollar, hovering just above a recent two-month low of 94.80. Fed funds futures now price a 67% probability of a 25 bps rate hike on September 16 and imply 60 bps of tightening over the next twelve months, according to Brown Brothers Harriman. Standard Chartered […] Read more

Euro Stalls Against Pound as Triangle Resistance Holds Firm

September 2, 2026 7:54 am
Key Moments EUR/GBP pulled back after failing again to break through the 0.8580-0.8585 resistance band, the top of an ascending triangle formation. Comments from ECB’s Nagel pointing to “over 95% chances of a September rate hike” did not translate into sustained Euro strength. Technical signals remain mixed, with EUR/GBP trading near 0.8573 and momentum indicators […] Read more

CAD Weakens as USD/CAD Rises Ahead of BoC Decision

September 2, 2026 7:23 am
Key Moments USD/CAD advanced from 1.3845 to the 1.3920 area, marking a new two-week high for the pair. Rising global yields, heightened risk aversion, and tensions in Iran supported demand for the safe-haven US Dollar. Despite softer US manufacturing and labor data, markets continued to anticipate a Federal Reserve rate hike in September. CAD Slides […] Read more

Swiss Franc Slips as Rising U.S. Yields Bolster Dollar Strength

September 2, 2026 7:07 am
Key Moments USD/CHF climbs for a second straight session, trading near 0.8130 during Asian hours on Wednesday. U.S. 10-year Treasury yields jump to 4.80% amid a global bond selloff and renewed inflation concerns. BBH’s Elias Haddad highlights that CHF has been the worst-performing G10 currency so far this quarter amid a 0.00% SNB policy rate. […] Read more

Dollar-Yen Near July Highs as Bulls Hold Control

September 2, 2026 6:37 am
Key Moments USD/JPY traded just below 160.50 after reaching its highest level since July 31 during Wednesday’s Asian session. Concerns over Japan’s fiscal position and the wide US-Japan rate differential continued to pressure the JPY and support USD strength. Key technical levels cluster between 157.32 and 163.96, with the 61.8% Fibonacci retracement at 160.64 acting […] Read more

Pound Pulls Back as Dollar Gains on Iran Tensions

September 2, 2026 6:31 am
Key Moments GBP/USD trades near 1.3500 in early European dealings on Wednesday as the US Dollar benefits from heightened Middle East tensions. UOB strategists keep a bearish tilt on GBP while highlighting 1.3480 as a key downside level and 1.3600 as strong resistance. Despite recent weakness, GBP/USD still holds above the 100-day SMA, preserving a […] Read more

Crypto Rally Pauses as BTC, ETH, XRP Momentum Cools

September 2, 2026 6:27 am
Key Moments Bitcoin (BTC) trades at $77,249 on Wednesday, holding above key EMAs despite early bearish momentum signals. Ethereum (ETH) changes hands at $2,407 after rejection near $2,500, with MACD turning negative as the pullback extends. XRP consolidates at $1.342 below its 200-day EMA at $1.350, leaving the broader bias neutral and the recovery at […] Read more

AUD Extends Rally Against Kiwi After RBNZ Decision

September 2, 2026 6:08 am
Key Moments AUD/NZD climbs to 1.2200, marking its strongest level since July 8. RBNZ lifts the Official Cash Rate to 2.75% but the NZD softens as the statement lacks fresh hawkish signals. Australia’s Q2 2026 GDP expands 0.4%, outpacing both Q1’s 0.3% and consensus expectations. Cross Reaches Fresh Multi-Week High The Australian Dollar – New […] Read more