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Rupee Steadies as RBI Buys Reserves, Oil Shifts

August 24, 2026 7:13 am
Key Moments The Indian Rupee holds near recent levels against the US Dollar, supported by capital inflows and expectations of Reserve Bank of India intervention. Brent futures are reflecting heightened geopolitical risk as markets increasingly price in the prospect of a prolonged disruption in the Strait of Hormuz. Analysts at MUFG/BTMU say RBI policy signals […] Read more

Crypto Cools Down As Weekly Gains Flash Overbought

August 24, 2026 7:00 am
Key Moments Bitcoin, Ethereum, and XRP traded around key technical levels on Monday after weekly gains of 23.58%, 31.31%, and 53.02%, respectively. Momentum indicators for BTC, ETH, and XRP remained firmly positive but showed overbought readings, pointing to rising odds of consolidation or a pullback. Bitcoin’s $80,000, Ethereum’s $2,500-$3,000, and XRP’s $1.900 levels stood out […] Read more

Yen Strengthens as BoJ Hike Prospects Rise and USD Softens

August 24, 2026 6:52 am
Key Moments USD/JPY traded near 158.80 in Asian hours, extending losses for a second session as the Yen advanced on stronger Japanese inflation data. Japan’s latest inflation figures boosted market conviction of a potential Bank of Japan rate increase, with “20bps or hikes reflected in swaps,” according to Scotiabank strategists. The U.S. Dollar came under […] Read more

USD/CAD Edges Higher as Trade Tensions Offset Weak USD

August 24, 2026 6:43 am
Key Moments: USD/CAD trades just below 1.3800, up nearly 0.30%, after opening the week with a bullish gap. Fresh U.S.-Canada tariff measures and softer crude oil prices pressure the Canadian Dollar. A weaker U.S. Dollar, held down by lower Fed hike expectations and falling yields, limits USD/CAD upside. North American FX Overview The USD/CAD pair […] Read more

Sterling Targets Fresh Highs as Dollar Weakness

August 24, 2026 6:09 am
Key Moments GBP/USD trades in the mid-1.3600s, hovering just below its highest level since February 11. Reduced expectations for imminent Fed rate hikes and lower US bond yields keep the US Dollar under pressure. Geopolitical tensions and oil-driven inflation risks may cushion USD downside and cap further gains in GBP/USD. GBP/USD Holds Firm Near Recent […] Read more

PBOC Nudges Yuan Fix Higher, Sets USD/CNY Rate

August 24, 2026 5:58 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity rate at 6.7841. The new fixing compares with Friday’s reference rate of 6.7817. The official fixing differed from a Reuters estimate of 6.7248. Latest USD/CNY Fixing The People’s Bank of China (PBOC) set the central USD/CNY reference rate for Monday’s trading session at […] Read more

Euro-Canadian Dollar Pair Retreats as Oil Rally Lifts CAD

August 20, 2026 9:31 am
Key Moments EUR/CAD pauses a three-day advance and trades near 1.6110 as the Canadian Dollar gains on stronger crude prices. US Treasury plans to double long-term note and bond buybacks in the next quarter, a move expected to pressure the US Dollar and underpin the Euro. German producer prices rise 3.0% year-on-year in July, beating […] Read more

Riksbank Seen Holding Rates, Keeping Hawkish Bias

August 20, 2026 8:24 am
Key Moments Commerzbank’s Antje Praefcke expects the Riksbank to keep its policy rate unchanged at 1.75% while retaining a hawkish tone. Inflation has remained below 1%, which she links to temporary fiscal factors that are expected to fade and allow price growth to pick up again. The current interest rate path factors in a slightly […] Read more

Euro Extends Gains vs Yen as Bullish Bias Holds Above 185.00

August 20, 2026 8:03 am
Key Moments EUR/JPY trades near 185.20 in early European dealings on Thursday, holding above the 100-day simple moving average. Japan’s Q2 GDP increased 0.3% compared with a previous 0.5% reading and a 0.5% market consensus. Overnight index swaps indicate around an 80% probability of a Bank of Japan rate hike at the next policy meeting. […] Read more

Ripple Holds Above $1 as Solana Gains and Cardano Pauses

August 20, 2026 7:53 am
Key Moments Ripple (XRP) trades near $1.0951 after a 10% advance, holding above its 50-day EMA while still capped by longer-term moving averages. Solana (SOL) hovers around $84.81, supported by key EMAs and Fibonacci levels, with momentum indicators signaling persistent buying pressure. Cardano (ADA) gives back part of its prior session gains, slipping over 2% […] Read more