August 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 […]
Read moreAugust 26, 2026 7:43 am
Key Moments USD/IDR trades around 17,760 in Asian dealings on Tuesday, marking a second consecutive day of strength in the pair. Indonesia’s current account deficit widened to a record USD 12.5 billion in Q2 2026, signaling mounting pressure on the country’s external position. Upcoming US PCE data and a Jackson Hole speech by Fed Chair […]
Read moreAugust 26, 2026 7:37 am
Key Moments: GBP/USD trades below the mid-1.3600s in Asia, pulling back from the prior session’s strong advance but staying close to last Friday’s six-month high. Softening expectations for additional Fed rate hikes, lower US yields, and hopes for US-Iran diplomacy are weighing on the US Dollar and helping to underpin GBP/USD. Traders are cautious ahead […]
Read moreAugust 26, 2026 7:14 am
Key Moments EUR/USD trades tightly around 1.1660 as markets wait for the July US PCE inflation release at 12:30 GMT. Wells Fargo projects a 0.1% monthly gain in the PCE deflator and expects core PCE inflation to remain above the Fed’s target. Deutsche Bank and Scotiabank see scope for one final ECB hike in September […]
Read moreAugust 26, 2026 7:10 am
Key Moments Bitcoin (BTC) trades near $78,760 on Wednesday, holding a bullish tone but struggling to clear the $80,000 barrier. Ethereum (ETH) consolidates above $2,400 and below the $2,500 zone, with price anchored above both the 50-day and 200-day EMAs. Ripple (XRP) trades around $1.4397, down 5% so far this week, as profit-taking emerges near […]
Read moreAugust 26, 2026 7:00 am
Key Moments USD/JPY trades near 158.90 in Wednesday’s Asian session as the Yen gains ground against the Dollar. U.S. Treasury plans to double bond buyback operations to at least $4 billion per operation are weighing on the Greenback. Reuters poll shows 57% of economists expect the BoJ to raise rates in September, shifting focus to […]
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