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Dollar Rebounds but Still Poised for Steep Annual Decline

December 19, 2025 1:51 pm
Key Moments The Dollar Index rose 0.3% to 98.337, partially recovering from a post-inflation data selloff. Despite the bounce, the index remained on track for an annual drop of over 9%, the sharpest since 2017. USD/JPY climbed 1% to 156.99 even after the Bank of Japan implemented a widely expected rate hike. U.S. Dollar Firms […] Read more

UBS Sees Franc Losing Ground to Euro and Dollar by 2026

December 19, 2025 12:54 pm
Key Moments UBS forecasts EUR/CHF will rise to 0.94 into 2026, with USD/CHF stabilizing near 0.78. The bank highlights the ECB’s decision to keep interest rates unchanged as a central driver of its currency outlook. UBS anticipates regional macroeconomic factors will play a larger role in 2026 as global uncertainty eases. UBS Currency Targets for […] Read more

Midnight Nears Deal for Privacy-Focused Stablecoin on Cardano

December 19, 2025 10:52 am
Key Moments Midnight Foundation President confirmed they have received a legal contract from a potential privacy stablecoin partner. The NIGHT token recently reached a peak valuation of $1.4 billion and is currently trading at $0.06402, with a market cap of around $1.06 billion. The Midnight team is advancing through its rollout phases, expecting to complete […] Read more

USDINR Holds Below Resistance as RBI Action Slows Rupee Slide

December 19, 2025 10:14 am
Key Moments USDINR is consolidating beneath a key resistance area near 90.40 while the broader uptrend remains intact. Recent intervention by the Reserve Bank of India helped halt the latest wave of selling in the Indian Rupee. Traders are focusing on technical breakout levels in the short term to guide positioning in USDINR. Fundamental Overview […] Read more

Pound Steadies as Bank of England Signals Measured Path on Easing

December 19, 2025 9:03 am
Key Moments The British pound held firm after the Bank of England struck a less dovish tone than markets expected, according to ING. At the same time, BoE policymakers flagged ongoing concerns around strong wage growth and underlying inflation pressures. Meanwhile, ING still expects two 25 basis point rate cuts and sees EUR/GBP holding above […] Read more

PBOC Nudges Yuan Fix Stronger With New USD/CNY Central Parity

December 19, 2025 7:05 am
Key Moments On Friday, the People’s Bank of China set the USD/CNY central parity at 7.0550. Previously, the reference rate stood at 7.0583. Meanwhile, the central bank relies on several policy tools, including the Loan Prime Rate. Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBOC) set the USD/CNY reference rate […] Read more

Sterling Firms Against Yen as Markets Weigh BoE Cut and Eye BoJ

December 18, 2025 3:16 pm
Key Moments GBP/JPY trades around 208.40 after bouncing from an intraday low of 207.87 following the BoE decision. The Bank of England cuts its policy rate by 25 bps to 3.75% on a narrowly split 5-4 vote. Markets now look to the Bank of Japan, where a move to lift rates to 0.75% from 0.50% […] Read more

Wolfe Research Warns of Prolonged Downturn as Crypto Signals Turn Sharply Bearish

December 18, 2025 2:55 pm
Key Moments Wolfe Research flags deteriorating technicals across major cryptocurrencies, with many trading below key moving averages and near 52-week lows. Analyst Rob Ginsberg highlights Bitcoin and Ethereum breakdowns, pointing to potential support tests around $75,000 for BTC and $2,600 for ETH. Wolfe expects continued Bitcoin outperformance versus altcoins and sustained pressure on crypto-related equities, […] Read more

Dollar-Yen Trades Firm Above 155 as Investors Focus on BoJ Guidance

December 18, 2025 1:07 pm
Key Moments USD/JPY is holding above the 155.00 level as markets await the Bank of Japan’s upcoming policy decision. Recent Fed rate cuts, soft U.S. payrolls, and expectations for a BoJ hike have not produced a significant yen rebound. MUFG expects the BoJ to maintain guidance for further gradual rate hikes, with a 25bps move […] Read more