August 27, 2026 6:14 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.7840. The new fixing compares with the prior trading day’s reference rate of 6.7829. The official fixing came in above a 6.7261 estimate reported by Reuters. Updated USD/CNY Fixing The People’s Bank of China (PBOC) established the central USD/CNY reference rate for […]
Read moreAugust 27, 2026 6:08 am
Key Moments USD/JPY slips during Thursday’s Asian session, halting a three-day advance but remains above the 159.00 level. Reports of a potential US-Iran ceasefire and progress on Strait of Hormuz shipping routes temper the impact of hotter US PCE inflation data. USD/JPY holds a bullish structure above the 100-period SMA on the 4-hour chart, with […]
Read moreAugust 27, 2026 6:01 am
Key Moments EUR/USD traded near 1.1655 in early Asian hours on Thursday, supported by expectations of a more hawkish ECB stance. Markets were assigning nearly a 25% probability of the ECB deposit rate reaching 3.0% by March 2027 and about a 60% chance by September. Core PCE inflation in the US held at 3.3% year-over-year […]
Read moreAugust 26, 2026 12:21 pm
Key Moments USD/INR fell 0.35% on Tuesday to trade near 95.40 as softer crude oil prices pressured the Dollar pair. MCX Crude Oil September 21 contract trades 2.2% lower near Rs. 7,660, down more than 8.5% from last week’s monthly high of Rs. 8,076. Market focus is shifting to the Jackson Hole Symposium and Federal […]
Read moreAugust 26, 2026 10:07 am
Key Moments EUR/CAD traded around 1.6180 during European hours on Wednesday, marking a third consecutive day of gains. Falling crude prices, including Brent slipping below USD90, weighed on the commodity-linked Canadian Dollar. Upward revisions to Germany’s Q2 GDP and a one-year high in the IFO Business Climate Index supported Euro strength. Cross Overview EUR/CAD extended […]
Read moreAugust 26, 2026 10:01 am
Key Moments EUR/JPY trades near 185.60, pulling back after modest gains but remaining within an ascending channel. The 14-day RSI stands at 57.38, signaling positive momentum with scope for further upside before overbought conditions. Confluence support around 185.19-184.72, combining the channel floor and key EMAs, is critical for avoiding a deeper bearish reversal. Technical Bias […]
Read moreAugust 26, 2026 9:22 am
Key Moments USD/CHF trades about 0.2% higher on the day but slips back below 0.8930 after earlier highs near 0.8940. Swiss ZEW Economic Expectations Index rises to 12.1 in August, its strongest reading in nine months and a second consecutive monthly gain. Traders focus on the upcoming US PCE Price Index release, with expectations that […]
Read moreAugust 26, 2026 8:35 am
Key Moments GBP/JPY traded about 0.22% lower near 216.85 during Wednesday’s European session as the Yen firmed. Market pricing and survey data pointed to growing expectations that the BoJ will raise rates at its September meeting. Investors focused on upcoming Tokyo CPI figures, with core inflation projected at 1.7% YoY after a 1.9% reading in […]
Read moreAugust 26, 2026 8:08 am
Key Moments Magyar Nemzeti Bank reduced its base rate to 5.50% with a 25bp cut that had been unanimously anticipated. The central bank signaled that the September Inflation Report will determine the future policy path, without committing to additional easing. FX markets reacted favorably, with the Forint posting a modest gain against the Polish zloty […]
Read moreAugust 26, 2026 8:04 am
Key Moments EUR/GBP ticked up to 0.8560 after rebounding from Tuesday’s 0.8546 low, remaining confined within its monthly trading band. Stronger German GDP revisions and an improved IFO Business Climate reading supported the Euro. ING maintains a constructive stance on EUR/GBP, projecting a move toward 0.8700 in the coming months if current conditions persist. Euro […]
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