July 28, 2026 6:07 am
Key Moments EUR/USD trades just above the mid-1.1300s, consolidating near its monthly low during the Asian session on Tuesday. A pause in US-Iran tensions, softer inflation worries, and reduced Fed hike expectations limit US Dollar gains near its monthly swing high. Analysts see the broader backdrop as still supportive of USD strength, suggesting EUR/USD rebounds […]
Read moreJuly 28, 2026 5:49 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7928 for Tuesday’s trading session. The new fixing compared with the previous day’s reference rate of 6.7911. The PBoC continues to use multiple policy tools, including the Loan Prime Rate, to affect funding costs and the Renminbi’s exchange rate. New USD/CNY Central […]
Read moreJuly 27, 2026 2:06 pm
Key Moments Rabobank’s Jane Foley highlights that Sweden’s benign CPI and CPIF inflation have allowed the Riksbank to delay rate hikes relative to many G10 peers despite supply disruptions from the Iran war. With the impact of earlier VAT cuts on food prices set to fade and growth indicators improving, markets are pricing in 30 […]
Read moreJuly 27, 2026 1:52 pm
Key Moments The Central Bank of Russia lowered its key policy rate by 25bp to 14.0% while simultaneously lifting its 2026 inflation forecast. CBR projects a stagflationary backdrop, cutting its 2026 GDP and current-account surplus forecasts and reducing its oil-price tax assumption. Commerzbank’s Tatha Ghose contends that, given the artificial nature of USD/RUB and EUR/RUB, […]
Read moreJuly 27, 2026 1:39 pm
Key Moments GBP/JPY trades around 217.84, down 0.23% as broad-based Pound weakness emerges. Markets anticipate the BoE will hold its benchmark rate at 3.75% while the BoJ is expected to maintain its policy rate at 1%. Oil’s pullback and a temporary pause in US-Iran tensions have eased inflation worries, weighing on UK yields and the […]
Read moreJuly 27, 2026 10:11 am
Key Moments EUR/GBP buyers stepped in around 0.8530, keeping the 0.8555 resistance zone in focus for euro bulls. A pause in US-Iran hostilities and an oil price pullback to $87.40 from above $96.00 has underpinned support for the Euro. EUR/GBP is trading near 0.8543 within a bullish channel from mid-July, with key resistance at 0.8555 […]
Read moreJuly 27, 2026 9:54 am
Key Moments USD/INR falls toward 95.90 as the Rupee extends its recovery during the Fed policy week. MCX August 19 Crude Oil futures drop 6.25% near Rs. 8065, easing pressure on oil-importing currencies like the Rupee. The US Dollar Index trades 0.25% lower near 101.25, with the Dollar weakest against the Swiss Franc. INR Gains […]
Read moreJuly 27, 2026 9:33 am
Key Moments AUD/USD trades in a tight range around the 0.7000 level after a modest bullish gap at the weekly open. The 38.2% Fibonacci retracement at 0.7019 continues to cap upside momentum as market participants await this week’s FOMC meeting. Technical indicators remain mildly constructive, with AUD/USD holding above the 23.6% retracement at 0.6961 and […]
Read moreJuly 27, 2026 9:04 am
Key Moments EUR/JPY trades around 186.50 in Asian hours, staying above both the nine-period and 50-period EMAs. Price action unfolds within a rising wedge, with initial resistance seen near 186.90 and a strong bearish reversal risk. Key downside levels include support at the nine-day EMA of 186.04 and the 50-day EMA at 185.31, with deeper […]
Read moreJuly 27, 2026 8:44 am
Key Moments USD/CHF traded near 0.8150 in Asian hours after five consecutive daily declines. Market participants anticipated the Federal Reserve would keep rates unchanged on Wednesday with potential hikes in September. Swiss 10-year government bond yields hovered around 0.46%, reducing the appeal of Swiss fixed-income assets. Dollar Softens as Geopolitical Tensions Cool USD/CHF extended its […]
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