November 9, 2026 6:49 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity at 6.7188, slightly above the prior session’s 6.7168 level. The central rate announcement applies to the upcoming trading session, providing the official reference level for onshore yuan trading. The report was corrected on November 9 at 1:45 GMT to clarify that the fixing […]
Read moreNovember 6, 2026 2:29 pm
Key Moments EUR/JPY was down 0.13% around 176.80 on Friday amid contrasting Eurozone and Japanese policy signals. Eurozone Retail Sales dropped 0.7% MoM in September, sharply missing the expected 0.1% decline and pointing to subdued consumer demand. Bank of Japan minutes showed support for continued gradual rate hikes, with some members favoring faster tightening, underpinning […]
Read moreNovember 6, 2026 2:19 pm
Key Moments Norges Bank kept its policy rate unchanged at 4.50% and reiterated a “high for longer” stance. The central bank signaled it is prepared to raise rates again, potentially by year-end, depending on inflation and growth data. Commerzbank highlights Oil and gas price swings, driven by Middle East risks, as the primary source of […]
Read moreNovember 6, 2026 2:17 pm
Key Moments Banxico reduced its policy rate to 6.25% in a 3-2 decision, unexpectedly narrowing the Banxico-Fed spread to 225bp. The central bank is prioritizing weak Mexican growth and a negative output gap over concerns about Peso-driven inflation. Analyst Chris Turner at ING sees the Peso as increasingly vulnerable, with USD/MXN moving above 19 considered […]
Read moreNovember 6, 2026 11:04 am
Key Moments EUR/GBP trades just above 0.8340, remaining confined within a 0.8320-0.8360 range in recent sessions. German Industrial Production rises 0.7% month-on-month in September, outpacing expectations for a flat reading. Market expectations for additional Bank of England rate hikes continue to underpin the Pound, limiting Euro upside. EUR/GBP Stuck in Mid-Range Trade The Euro is […]
Read moreNovember 6, 2026 10:57 am
Key Moments USD/IDR trades around 18,140 in Asian hours after two sessions of declines, with the pair rebounding as the Rupiah comes under renewed pressure. Indonesia’s Q3 GDP growth accelerates to 5.47% year-on-year from 5.29% in Q2, surpassing the 5.2% consensus and signaling resilient economic momentum. Markets price in nearly a 70.9% chance of a […]
Read moreNovember 6, 2026 10:13 am
Key Moments NBP Governor Adam Glapinski adopted a hawkish tone but effectively pointed to no rate move before at least Q1, excluding a December hike. Fresh NBP projections show inflation remaining above target into 2027, even assuming continued tax relief on fuels. Commerzbank’s Tatha Ghose views reliance on temporary fuel-price measures as keeping policy too […]
Read moreNovember 6, 2026 9:54 am
Key Moments GBP/JPY extends a two-day decline, trading just above the mid-211.00 area and down nearly 0.35%. Risk-off sentiment and firm expectations for a December BoJ rate hike bolster demand for the Japanese Yen. The Bank of England’s hawkish stance and fiscal developments in the UK may help curb deeper losses in GBP/JPY. GBP/JPY Under […]
Read moreNovember 6, 2026 9:07 am
Key Moments USD/CHF traded roughly flat around 0.8170 during Asian hours on Friday after recovering earlier losses. Market pricing reflected nearly a 70.9% probability of a Federal Reserve rate increase in December, even as US bond yields declined. Analysts at UOB Group saw scope for USD/CHF to test 0.8110, while identifying 0.8205 as the key […]
Read moreNovember 6, 2026 9:03 am
Key Moments AUD/JPY trades around 108.90 in early European hours on Friday, extending its decline below 109.00. Safe-haven demand for JPY and hawkish Bank of Japan minutes support the Yen, keeping bearish pressure on the cross. Key technical levels cluster between 108.64 on the downside and 109.15 on the upside, with broader resistance near the […]
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