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Sterling Holds Above 215 Against Yen as UK GDP Data Looms

August 11, 2026 1:29 pm
Key Moments GBP/JPY trades above the 215.00 level near a one-week high after recovering an early pullback. Japan’s fiscal worries and a roughly 275-basis-point UK-Japan rate differential continue to pressure the Yen. Traders remain cautious on fresh GBP upside ahead of Thursday’s UK data releases, including the Q2 GDP report. GBP/JPY Supported by Ongoing Yen […] Read more

Crypto Markets Pause as Bitcoin Holds Support, XRP Tests

August 11, 2026 1:20 pm
Key Moments Bitcoin trades around $64,116, stabilizing above short-term support near $64,000 but still capped under major moving averages. Ethereum changes hands near $1,877, supported by its 50-day EMA at $1,863 while facing resistance at the 100-day and 200-day EMAs. XRP hovers just above the $1.00 psychological level after three days of declines, with momentum […] Read more

Commerzbank Sees Limited Forint Rebound, Then Headwinds

August 11, 2026 10:22 am
Key Moments Commerzbank’s Tatha Ghose characterizes the recent Forint weakness as a high-beta correction that only partially unwinds its post-election strength. EUR/HUF is expected to move back toward the 350-355 range if global risk sentiment improves. Accelerating core inflation and a narrowing real interest rate as MNB cuts rates are seen as medium-term negatives for […] Read more

Rupiah Slips as Retail Sales Fall, Fed Hike Odds Rise

August 11, 2026 9:55 am
Key Moments Indonesia’s June Retail Sales declined 3.0% YoY, easing from a 3.9% drop in May and marking the mildest contraction since April. USD/IDR traded near 17,850 in Asian hours on Tuesday, extending gains as the Indonesian Rupiah stayed under pressure after the sales data. CME FedWatch Tool showed the implied probability of a 25-basis-point […] Read more

Dollar Gains on Swiss Franc as Oil Revives Fed Hike Fears

August 11, 2026 9:10 am
Key Moments USD/CHF traded around 0.8110 during early European hours on Tuesday, extending gains for a second straight session. Futures markets shifted to nearly a 52% implied probability of a 25-basis-point Fed rate hike in September, up from 44.4% the previous day. Swiss inflation slowed to 0.4% year-over-year in July, a four-month low and below […] Read more

AUD/NZD Softens as RBA Holds Rates, Policy Focus Shifts

August 11, 2026 8:29 am
Key Moments AUD/NZD trims earlier gains and trades near 1.1960 during Asian hours on Tuesday after the latest RBA decision. The Reserve Bank of Australia keeps the Official Cash Rate at 4.35% for a second straight meeting, in line with market expectations. Investors monitor RBA and RBNZ policy signals, New Zealand inflation expectations, and domestic […] Read more

EUR/JPY Struggles as Sellers Maintain the Upper Hand

August 11, 2026 8:20 am
Key Moments EUR/JPY trades around 183.80 during Asian hours on Tuesday after only modest gains in the prior session. The cross stays below the 50-day EMA at 184.57 while hovering just above the nine-day EMA at 183.34, signaling a mildly bearish near-term setup. Markets are pricing in roughly a 50% probability of a 25bp BoJ […] Read more

Pound Holds Near 1.3500 as Markets Await US CPI, UK GDP

August 11, 2026 8:10 am
Key Moments GBP/USD trades around 1.3500 during Tuesday’s Asian session, extending a two-day advance. Markets have scaled back expectations for a Bank of England rate hike by year-end, even as GBP outperforms peers. Investors are focused on upcoming US CPI and UK Q2/June GDP data, which are expected to guide policy expectations. GBP Supported Despite […] Read more

Loonie Holds Firm as Oil, Fed Outlook Shape USD/CAD

August 11, 2026 8:04 am
Key Moments USD/CAD trades below the mid-1.3900s, consolidating near a two-month low reached last week. Stronger oil prices and upbeat Canadian employment data support the Canadian Dollar, while modest USD strength limits further downside. Markets remain cautious ahead of key U.S. CPI and PPI releases, which are expected to guide the next directional move in […] Read more

Yen Steadies Near 159 as Intervention Talk Builds

August 11, 2026 7:38 am
Key Moments USD/JPY trades around 159.30 in tight ranges after nearly 1% gains the previous day, amid thin liquidity with Japan shut for the Mountain Day holiday. Markets are pricing “roughly a 50% chance of a 25bp BoJ hike in September and a full hike by year-end,” as domestic inflation pressures mount. The CME FedWatch […] Read more