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PBOC Nudges Yuan Reference Stronger Against Dollar

October 19, 2026 5:52 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity at 6.7208. The new fixing compared with Friday’s reference rate of 6.7220. The Monday fix came in against a Reuters estimate of 6.6897. Latest USD/CNY Fixing On Monday, the People’s Bank of China (PBOC) set the central USD/CNY reference rate for the upcoming […] Read more

SocGen Sees USD/BRL Upside Risk Above 5.14 Pivot Level

October 16, 2026 1:50 pm
Key Moments Societe Generale highlights a higher low in USD/BRL at 4.94 and a short-term rebound toward the 200-day moving average near 5.14. A decisive move above 5.14 is seen as potentially opening further gains toward the September highs around 5.20/5.24, with 4.99 viewed as near-term support. Political and macro developments in Brazil, including polling […] Read more

Nordea Sees Gradual NOK Gain Against Euro Through 2027

October 16, 2026 1:38 pm
Key Moments Nordea strategists project EUR/NOK at 10.50 over a three-month horizon and 10.25 by summer 2027. The bank cites Norway’s robust fiscal position, lack of fragmentation risk, and a favorable 200bp rate differential versus the Euro. Strategists flag short-term NOK vulnerability to swings in risk sentiment, particularly around developments in France. Nordea’s Outlook for […] Read more

Euro Advances vs CAD as Inflation Data Offsets French Jitters

October 16, 2026 9:55 am
Key Moments EUR/CAD traded around 1.5920 on Friday, extending gains for a second straight session. Stronger-than-expected Eurozone inflation data supported the Euro even as French political risk lingered. WTI crude oil prices remained on track for a weekly rise of over 5%, underpinning the commodity-linked Canadian Dollar. Euro Climbs Despite French Political Concerns EUR/CAD extended […] Read more

Loonie Holds Firm as Yield Slump and Oil Surge Weigh on USD/CAD

October 16, 2026 9:04 am
Key Moments USD/CAD trades around 1.4175-1.4170 in Asia, hovering just above a more than two-week low reached the prior day. Declining U.S. bond yields and neutral comments from Fed Chair Kevin Warsh keep the U.S. Dollar under pressure. Oil prices near a three-week high and a more hawkish tone from BoC Governor Tiff Macklem support […] Read more

EUR/JPY Holds Range as FX Flows and Rate Outlook Weigh

October 16, 2026 8:37 am
Key Moments EUR/JPY traded flat around 177.30 in early European hours on Friday as markets monitored potential Japanese intervention. BoJ board member Junko Koeda signaled less caution on rate hikes, reinforcing support for the Yen and a downside bias in the cross. Technical structure remains bearish below the 100-day moving average, with resistance near 178.20 […] Read more

NZD Advances as Markets Weigh Fed Signals and Open RBNZ Call

October 16, 2026 7:15 am
Key Moments NZD/USD advanced toward 0.5650 in Friday’s Asian session as the US Dollar softened against the Kiwi. Fed Chair Kevin Warsh refrained from signaling the outcome of the late-October policy meeting, leaving rate options open. RBNZ Chief Economist Paul Conway described the late-October rate decision as “wide open” despite ongoing inflation pressures. Dollar Eases […] Read more

BTC Defends $80K Support as ETH Consolidates and XRP Lags

October 16, 2026 7:01 am
Key Moments Bitcoin trades near $82,106 while staying above its 50-day EMA at $80,443, preserving its broader uptrend. Ethereum changes hands around $2,435, holding above its 100-day and 200-day EMAs at $2,356 and $2,309 after a recent rebound. XRP trades at $1.330 below a tight cluster of key EMAs, highlighting soft momentum and elevated downside […] Read more

Pound Extends Gain as Focus Shifts to Fed Chair Warsh

October 16, 2026 6:51 am
Key Moments GBP/USD trades near 1.3285 in Asian dealings, extending a sharp rebound from Wednesday’s 10-month low of 1.3137. Traders await comments from Fed Chair Kevin Warsh at a fireside chat with IMF Managing Director Kristalina Georgieva at 03:30 GMT, with the US Dollar seen vulnerable to volatility. BoE Governor Andrew Bailey acknowledges persistently high […] Read more

Aussie Dollar Holds Near Multi-Month Lows Ahead of Warsh

October 16, 2026 6:30 am
Key Moments AUD/USD is trading around 0.6920-0.6925 after failing to build on a bounce from below 0.6900, its weakest level since early July. Markets are pricing in over a 90% probability of a Federal Reserve rate hike in December as traders await comments from Fed Chair Kevin Warsh. Australian employment fell by 39.3K in September […] Read more