June 25, 2026 11:52 am
The USD/CHF currency pair held not far from a 47-week high of 0.8139 on Thursday, as the US Dollar remained underpinned by expectations that the Federal Reserve could proceed with interest rate hikes later this year. Market participants are positioning for tighter US monetary policy after Federal Reserve Chairman Kevin Warsh emphasized a strong commitment […]
Read moreJune 25, 2026 11:25 am
Key Moments BNY’s Geoff Yu notes that weakness in precious metals is eroding terms of trade for South Africa and Peru, limiting upside for ZAR and PEN. High nominal and real yields are pressuring precious and industrial metals, creating headwinds for metals-linked currencies in what would otherwise be a favorable carry environment. Institutional and policy […]
Read moreJune 25, 2026 11:16 am
Key Moments USD/MXN and USD/BRL moved above key levels at 17.50 and 5.20, bringing 200-day moving averages at 17.78 and 5.25 into focus. Markets have been pricing roughly 70 bp of Banxico rate hikes over 12 months to maintain a policy buffer against potential Fed tightening. The current 275 bp spread between Banxico’s policy rate […]
Read moreJune 25, 2026 10:24 am
Key Moments GBP/JPY trades around 213.40 after recovering from lows near 212.50, staying confined within recent ranges. Traders remain cautious on short Yen positions as USD/JPY moves closer to levels viewed as possible intervention triggers. Technical indicators point to range-bound GBP/JPY price action, with no clear directional bias emerging. GBP/JPY Holds Near Session Highs Amid […]
Read moreJune 25, 2026 8:54 am
The USD/SGD currency pair held not far from a 30-week high of 1.2991 on Thursday, as the US Dollar remained underpinned by expectations that the Federal Reserve could proceed with interest rate hikes later this year. Market participants are positioning for tighter US monetary policy after Federal Reserve Chairman Kevin Warsh emphasized a strong commitment […]
Read moreJune 25, 2026 8:25 am
Key Moments EUR/GBP trades near 0.8620 in early European dealings on Thursday as the cross comes under pressure. Comments from ECB President Christine Lagarde and other policymakers temper expectations for further rate hikes, weighing on the Euro. UK political uncertainty following Prime Minister Keir Starmer’s resignation could limit Pound strength and offer some support to […]
Read moreJune 25, 2026 8:05 am
Key Moments NZD/USD trades near 0.5650, marking a seventh straight session of weakness within a descending channel. The 14-day Relative Strength Index sits around 28, indicating oversold conditions that could temper, but not yet reverse, the decline. Key downside levels are seen at 0.5630 and 0.5580, while initial resistance is clustered around the nine-day EMA […]
Read moreJune 25, 2026 7:57 am
Key Moments USD/INR trades near 94.30 as the Indian Rupee firms alongside a renewed slide in oil prices. WTI trades about 0.75% lower around $69.25, while MCX July crude contracts fall 1.6% to near 6,563. The US Dollar Index eases to around 101.52 as markets await May core PCE data, with consensus at 3.4% YoY […]
Read moreJune 25, 2026 7:47 am
Key Moments USD/CAD has been consolidating around 1.4230-1.4225, just below its highest level since April 2025. Reduced Federal Reserve hike expectations and softer inflation concerns have prompted a pullback in the US Dollar. Weak Crude Oil prices are pressuring the Canadian Dollar and helping support USD/CAD ahead of the US PCE release. Pair Holds Firm […]
Read moreJune 25, 2026 7:40 am
Key Moments USD/CHF trades near 0.8110 in early European dealings, pulling back from an 11-month peak. Markets look ahead to the May US PCE inflation release for clarification on the Federal Reserve’s policy trajectory. Ongoing Lebanon-Israel tensions and US pressure on Israel’s military posture support demand for the safe-haven Swiss Franc. USD/CHF Retreats from Multi-Month […]
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