August 20, 2026 7:41 am
Key Moments EUR/USD has paused in a bullish consolidation after touching its highest level since late May, with bulls eyeing a sustained break above 1.1700. US Dollar stabilization, driven by hawkish FOMC Minutes and safe-haven demand linked to Iran risks, has capped further EUR/USD gains. Expectations of a September ECB rate hike and ongoing tightening […]
Read moreAugust 20, 2026 7:27 am
Key Moments USD/CHF trades around 0.8000 in Asian hours after recovering from sharp losses in the prior session. Swiss Franc remains under pressure despite a 5.5% year-on-year rebound in Q2 industrial production. Hawkish July FOMC minutes and geopolitical tensions in the Strait of Hormuz underpin US Dollar gains. Swiss Franc Under Pressure Ahead of Trade […]
Read moreAugust 20, 2026 7:19 am
Key Moments USD/CAD fell for a second straight session in Asian trading on Thursday, hovering near 1.3800. Rising crude prices, supported by heightened Middle East tensions, boosted the commodity-linked Canadian Dollar. Cooling inflation signals and Fed minutes reduced market-implied odds of a near-term U.S. rate hike to 32.7%, weighing on the US Dollar. USD/CAD Under […]
Read moreAugust 20, 2026 6:49 am
Key Moments Japan’s merchandise trade deficit expanded to JPY 634.5 billion in July, the largest shortfall since January, as imports outpaced record exports. USD/JPY traded around 158.50 during Asian hours on Thursday, with the Yen weighed down by interest rate differentials, fiscal worries, and elevated import costs. Federal Reserve July meeting minutes showed officials favored […]
Read moreAugust 20, 2026 6:44 am
Key Moments NZD/USD advanced toward 0.5950 in early Thursday Asian trading, holding near a two-and-a-half-month high. The People’s Bank of China kept its one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, respectively. Market pricing for a September Federal Reserve rate hike eased, with the implied probability at 32.7%, down from 47% a […]
Read moreAugust 20, 2026 6:38 am
Key Moments AUD/USD trades near 0.7120 in Asian hours on Thursday after shedding more than 0.5% of the prior day’s advance. Australia’s Unemployment Rate rose to 4.5% in July, while Employment Change dropped by 15.8K against expectations for a 15.0K increase. Fed minutes signal willingness to raise rates if inflation does not ease, but market-implied […]
Read moreAugust 20, 2026 6:27 am
Key Moments AUD/JPY trades around 112.75, stabilizing above the prior weekly low after an initial dip on weak Australian jobs figures. Australia’s July Unemployment Rate rose to 4.5%, while employment fell by 15.8K, prompting markets to scale back expectations for near-term RBA tightening. The Japanese Yen remains pressured by a ¥634.5 billion July trade deficit […]
Read moreAugust 20, 2026 6:23 am
Key Moments GBP/USD eased below 1.3600 in Asian trading after touching its highest level since May 11. Support for the US Dollar emerged from hawkish FOMC Minutes and ongoing US-Iran geopolitical tensions. Stronger UK inflation data sustained expectations for at least one quarter-point BoE rate hike before year-end. GBP/USD Dips After Recent Highs The GBP/USD […]
Read moreAugust 20, 2026 6:15 am
Key Moments The People’s Bank of China set Thursday’s USD/CNY central parity at 6.7808. The new fixing compared with the previous day’s reference rate of 6.7854. The latest setting differed from a Reuters estimate of 6.7196 for the session. Updated USD/CNY Central Parity Rate The People’s Bank of China (PBoC) set the central USD/CNY reference […]
Read moreAugust 19, 2026 12:24 pm
Key Moments EUR/JPY traded around 184.70 on Wednesday, down 0.03% as conflicting BoJ and ECB rate expectations capped direction. Markets priced roughly an 80% probability of a Bank of Japan rate hike as soon as September, while Eurozone inflation data bolstered ECB tightening bets. Standard Chartered projected a higher BoJ terminal rate of 1.75% in […]
Read more