November 6, 2026 8:27 am
Key Moments EUR/JPY has been under pressure for a second straight session, trading near 176.80 during Asian hours on Friday. The pair is trading below both the nine- and 50-day EMAs, with the 14-day RSI at 45.73, signaling weak bullish momentum. Initial downside support is seen at the 12-month low of 175.07, while resistance is […]
Read moreNovember 6, 2026 8:08 am
Key Moments AUD/USD traded around 0.6910 in Asian hours on Friday after losing over 1% the previous day. The RBA lifted its cash rate to 4.85% in a split 6-3 decision and removed explicit forward-tightening language, hinting at a possible December pause. The US Dollar drew support from risk caution and Fed tightening expectations, even […]
Read moreNovember 6, 2026 7:26 am
Key Moments USD/JPY bounces from the 157.25 area to around 158.00, snapping a two-day losing streak during the Asian session. Lower US bond yields and reduced Fed hike expectations weigh on the US Dollar, while a Democratic midterm sweep eases Iran-related risk premia. Hawkish Bank of Japan expectations and a key 200-day SMA at 158.66 […]
Read moreNovember 6, 2026 7:21 am
Key Moments USD/CAD trades near 1.4010 in Asian hours after modest prior-day gains, with CAD supported by recovering oil prices. WTI crude extends its rebound after a midweek sell-off as markets weigh Middle East supply dynamics and post-election geopolitics. Investors focus on the upcoming US Nonfarm Payrolls report, while OCBC strategists warn against assuming a […]
Read moreNovember 6, 2026 7:14 am
Key Moments EUR/USD eases to around 1.1215 in early Asian trade on Friday, with downside cushioned by hawkish European Central Bank rhetoric. ECB officials signal the likelihood of further rate tightening, while euro-area inflation swaps and U.S. inflation swaps both retreat to two-month lows. Markets await U.S. September Nonfarm Payrolls, with expectations for a 65,000 […]
Read moreNovember 6, 2026 6:57 am
Key Moments GBP/USD trades just above 1.3450, pausing its pullback from levels north of 1.3500. A drop in U.S. bond yields and easing inflation fears keep the USD under pressure. The Bank of England’s hawkish stance and fiscal developments in the UK underpin Sterling. GBP/USD Steadies After Pullback From Recent Highs The GBP/USD pair is […]
Read moreNovember 6, 2026 6:51 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.7168 for Friday’s session. The new fixing compares with a previous USD/CNY reference rate of 6.7156. The central rate guides onshore yuan trading and is part of the PBoC’s broader monetary policy framework. Friday’s USD/CNY Central Parity Setting On Friday, the […]
Read moreNovember 5, 2026 2:50 pm
Key Moments Sweden’s October CPIF inflation dropped to 1.1% year-over-year, undershooting Nomura, Riksbank, and consensus forecasts. CPIF ex-energy eased to 0.1% year-over-year in October, also coming in below all published projections. Nomura still expects two additional Riksbank rate hikes in February and May 2027, but sees rising uncertainty after the latest inflation data. Soft October […]
Read moreNovember 5, 2026 1:34 pm
Key Moments META last traded at $634.04, up 1.54% over 24 hours, with a 24-hour range between $621.42 and $644.16 and volume of $108,767,324. Price is above the 7-day and 200-day simple moving averages but still trades below the 20-day and 50-day simple moving averages, signaling an incomplete trend shift. Derivatives data show a long […]
Read moreNovember 5, 2026 10:28 am
Key Moments EUR/CHF traded broadly unchanged around 0.9170 during European hours on Thursday after paring earlier losses. Stronger German factory orders and hawkish European Central Bank commentary supported the Euro’s appeal. Unexpectedly higher Swiss inflation at 1.5% year-on-year in October reinforced expectations of a more hawkish SNB, limiting EUR/CHF upside. Euro Supported by Softer Oil […]
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