August 17, 2026 8:59 am
Key Moments EUR/GBP traded higher on Monday, revisiting the 0.8550 area after rebounding from 0.8530 last week. Expectations that the ECB will raise rates following its September meeting have supported the Euro. Growing doubts about further BoE tightening and concerns over UK fiscal policy have weighed on the Pound. Euro Holds Mild Advantage in Quiet […]
Read moreAugust 17, 2026 8:52 am
Key Moments BNY’s Wee Khoon Chong indicates the Riksbank is largely satisfied with its current policy stance while inflation remains below target and CPI is anchored. Despite supportive real-rate conditions, SEK performance is held back by valuation worries and a high reading on Sweden’s KIX import-weighted exchange rate index. The Riksbank is seen as unlikely […]
Read moreAugust 17, 2026 8:42 am
Key Moments GBP/USD advanced to around 1.3555 in early European trading as the U.S. Dollar weakened. July U.S. Retail Sales declined for the first time in nine months, reducing September Fed hike expectations to a 31% probability. Comments from BoE Chief Economist Huw Pill and a hawkish policy tone continued to underpin support for the […]
Read moreAugust 17, 2026 8:29 am
Key Moments EUR/USD has risen for three consecutive sessions, reaching a two-month high after rebounding from the 1.1500 area. Weak US Retail Sales data and a steepening US 2/30s yield curve have added pressure on the USD and tempered expectations for an imminent Fed rate hike. Market attention is now turning to Wednesday’s FOMC Minutes […]
Read moreAugust 17, 2026 8:15 am
Key Moments AUD/JPY traded near 113.00 in early Monday European dealings, supported by Yen softness after weaker Japan GDP data. Japan’s Q2 GDP expanded at an annualized 1.1%, undershooting expectations for 2.0% and slowing from the prior 1.8% pace. Technically, the cross maintains a bullish tone above the 100-day SMA, with key resistance at 113.88 […]
Read moreAugust 17, 2026 8:09 am
Key Moments USD/INR traded around 95.60 on Monday as the Rupee stayed resilient after two days of losses. RBI’s early closure of its FCNR deposit FX swap facility followed inflows of nearly $57 billion. Weaker U.S. data have reduced the implied probability of a Fed rate hike next month to 33.1% from 44%. Rupee Steadies […]
Read moreAugust 17, 2026 7:32 am
Key Moments Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) started the week under pressure after falling over 3%, 1.5%, and 3.5% in the prior week. BTC is trading above a critical $62,300 support level but remains below its 50-day, 100-day, and 200-day EMAs, maintaining a bearish near-term tone. XRP is hovering at $1.00 with weakening […]
Read moreAugust 17, 2026 7:12 am
Key Moments EUR/JPY traded around 184.20 in Asian hours on Monday after slipping following two sessions of gains. The pair is testing support at the lower edge of a rising wedge near 184.10, with additional backing from the nine-day EMA at 183.78. A downside break could expose the August 3 low at 179.37 and the […]
Read moreAugust 17, 2026 7:02 am
Key Moments AUD/USD trades around 0.7090 in Asian hours on Monday, rising for a second consecutive session. Analysts at Societe Generale and Rabobank highlight the RBA’s hawkish tone and keep the door open for another rate hike later this year. Softer US data and a mildly dovish shift in Fed rhetoric pressure the US Dollar, […]
Read moreAugust 17, 2026 6:33 am
Key Moments USD/CAD traded near 1.3870 in Asian hours on Monday, extending its decline for a third straight session. U.S. Retail Sales fell 0.6% month-over-month in July, sharply missing expectations for 0.1% growth. West Texas Intermediate crude held around $81.80 per barrel as Gulf supply disruptions and Middle East tensions deepened expected market deficits. USD/CAD […]
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