August 13, 2026 6:17 am
Key Moments GBP/USD trades with modest gains around 1.3500 in early Asian hours on Thursday as the US Dollar softens. July US CPI printed at 3.4% YoY, with core CPI at 2.5% YoY, tempering expectations for a September Fed rate hike. UK Q2 GDP, along with UK trade and industrial production data, are in focus […]
Read moreAugust 13, 2026 6:15 am
Key Moments Bitcoin is trading in a narrow zone between the $63,000 Median Realized Price and the $68,700 Short-Term Holder Cost Basis as volatility compresses. Spot exchange volumes have dropped to their weakest levels since early 2019, even after excluding Binance, pointing to exceptionally low market participation. Glassnode sees evidence of seller fatigue but notes […]
Read moreAugust 13, 2026 6:06 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7888 for Thursday’s session, slightly above the prior fix of 6.7882. The new fixing compared with a 6.7470 reference estimate cited from Reuters. The PBoC continues to rely on multiple policy tools, with the Loan Prime Rate serving as China’s key benchmark […]
Read moreAugust 12, 2026 1:49 pm
Key Moments Institutional investors bought US Dollars and sold Japanese Yen following the June BoJ rate hike. Real-money accounts again moved into USD and out of JPY after late-July joint FX intervention targeting USD/JPY. BNY’s Wee Khoon Chong raises doubts about the lasting effectiveness of FX interventions as USD/JPY trades lower while long-end JGB yields […]
Read moreAugust 12, 2026 11:28 am
Key Moments EUR/JPY slipped back to 183.50 after briefly pushing above 184.00 before dropping to 1.8315. Germany’s July HICP rose to 2.8% year-over-year, with energy inflation jumping to 7.3%. A hawkish-leaning Bank of Japan Summary of Opinions has helped the Yen recover some recent losses. Euro Pulls Back Against Yen Amid Risk-Off Mood The Euro […]
Read moreAugust 12, 2026 10:05 am
Key Moments Norges Bank kept its key policy rate at 4.25% in June while projecting the year-end rate at just over 4.5%. Recent mixed July inflation figures and persistently strong price pressures point to an unchanged rate decision tomorrow. A possible hike is viewed as more likely in September, when updated forecasts will be available […]
Read moreAugust 12, 2026 9:47 am
Key Moments The Brazilian Real (BRL) underperformed despite a generally favorable backdrop for FX carry trades. A bank’s downgrade of Brazilian equities and a new presidential poll showing President Lula extending his lead weighed on BRL. ING’s Chris Turner expects high implied yields and Brazil’s net energy exporter status to support BRL, with USD/BRL seen […]
Read moreAugust 12, 2026 9:42 am
Key Moments Rabobank’s Jane Foley highlights that UK budget uncertainty is underpinning a cautious stance on EUR/GBP, with a preference to buy on pullbacks toward 0.85. Planned fiscal rule flexibility and increased infrastructure spending under the Burnham government are seen as potential sources of additional gilt supply and tax concerns. Market nerves around UK fiscal […]
Read moreAugust 12, 2026 9:35 am
Key Moments USD/CHF trades around 0.8125, up 0.17%, with the Swiss Franc weaker against the U.S. Dollar ahead of the July CPI release. Consensus expectations point to subdued U.S. inflation, with headline CPI seen at 0.1% month-on-month and core at 0.2%. USD/CHF holds a mildly bullish technical bias above its 20-day EMA at 0.8104, with […]
Read moreAugust 12, 2026 8:24 am
Key Moments GBP/JPY trades near a two-week high around 215.35-215.40 during the first half of Wednesday’s European session, extending its rebound from last week’s early-March lows. The Yen gives back much of its recent recovery as Japan’s still-low borrowing costs keep carry trades attractive despite a Bank of Japan rate hike to the highest level […]
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