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Kiwi Steadies as China PMI Surprise Offsets Weakness

August 31, 2026 6:18 am
Key Moments NZD/USD trades near 0.5910, trimming earlier losses after China’s NBS Manufacturing PMI rose to 49.8 in August. Soft ANZ business confidence data and caution ahead of the RBNZ decision weigh on New Zealand’s currency outlook. Hawkish comments from Fed Chair Kevin Warsh boosted expectations for a Fed rate hike, supporting the US Dollar. […] Read more

Aussie Dollar Gains as Traders Weigh China PMI, Fed

August 31, 2026 6:01 am
Key Moments AUD/USD trades around 0.7160 in Asian hours, holding a small gain after opening with a bearish gap. China’s August NBS Manufacturing PMI rises to 49.8, while Non-Manufacturing PMI remains at 49.0. Markets price a 57.5% probability of at least a 25 bps Fed hike at the September 15-16 meeting, up from 35% before […] Read more

PBOC Nudges Yuan Reference Rate Higher vs. U.S. Dollars

August 31, 2026 5:51 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7828 for Monday’s session. The new fixing compares with Friday’s reference rate of 6.7811. The Monday fixing came in against a Reuters estimate of 6.7344. Latest USD/CNY Central Parity Fixing On Monday, the People’s Bank of China (PBOC) set the central reference […] Read more

Crypto Rally Pauses as Bitcoin Stalls Below Resistance

August 28, 2026 1:13 pm
Key Moments Bitcoin (BTC) slipped back under $80,000 after failing twice to break through the $81,000-$82,000 resistance band. Spot Bitcoin ETFs recorded $1.13 billion of inflows through Thursday, pushing cumulative inflows to $55 billion and net assets under management to an average of $101 billion. US-listed XRP spot ETFs logged an eighth consecutive day of […] Read more

DBS Sees Indian Economy Strong Despite Geopolitical Headwinds

August 28, 2026 9:53 am
Key Moments DBS strategists expect 1QFY27 GDP data to show India has coped with geopolitical disruptions better than previously anticipated. Internal demand and production indicators strengthened, supported by services and exports, even as muted wealth effects and soft fuel demand persisted. Listed companies’ revenues generally stayed resilient, though higher energy prices pressured profitability at oil […] Read more

EUR/GBP Holds Near 0.8570 as Upside Momentum Stalls

August 28, 2026 9:07 am
Key Moments EUR/GBP pulled back from Thursday’s high just below 0.8580 and was last seen around 0.8570, still marginally higher on the week. Rabobank continues to project a move toward 0.8700 over a 3-month horizon, expecting a mildly positive bias for EUR/GBP later in the year. Key resistance remains at 0.8585, with important support clustered […] Read more

EUR/JPY Holds Bullish Structure Near Channel Support

August 28, 2026 7:23 am
Key Moments EUR/JPY traded around 185.80 during Asian hours on Friday, retaining its position within an ascending price channel. The cross stayed above both the nine-day and 50-day EMAs, with a 14-day RSI near 59 indicating ongoing bullish momentum. Key downside supports remained clustered around 185.70, 185.39, and 184.81, while resistance levels were located near […] Read more

Euro Rises as ECB Hawks Offset Firm U.S. Dollar

August 28, 2026 7:06 am
Key Moments EUR/USD trades near 1.1650 in Asian dealings on Friday after modest prior gains, supported by a hawkish European Central Bank policy outlook. Markets price close to a 96% probability that the ECB will raise the deposit rate to 2.50% at its September meeting, following comments from Isabel Schnabel. Stronger U.S. inflation data keep […] Read more

USD/CAD Steady as Markets Eye Jackson Hole, Trade Tensions

August 28, 2026 7:01 am
Key Moments USD/CAD trades roughly unchanged around 1.3850 during early European hours on Friday as participants await Kevin Warsh’s Jackson Hole remarks. Core PCE inflation met expectations, helping push September Fed rate hike odds to 40% from 36% prior to the data. Canada’s latest retaliatory tariffs, including 50% levies on US copper wire and wood […] Read more

Kiwi Rises as RBNZ Bets Build Ahead of Jackson Hole

August 28, 2026 6:53 am
Key Moments NZD/USD trades near 0.5960 in Friday’s Asian session, supported by a hawkish Reserve Bank of New Zealand outlook. BNZ analysts anticipate a 25 bps RBNZ rate hike in September to 2.75%, with markets pricing the move at 94%. Federal Reserve Chair Kevin Warsh’s upcoming Jackson Hole remarks are in focus as a potential […] Read more