July 23, 2026 6:22 am
Key Moments AUD/NZD rose to a one-and-a-half-week high around 1.2060-1.2065 during the Asian session after the latest Australian labor report. Australia’s June Employment Change came in at 76.3K with the Unemployment Rate at 4.4%, reinforcing expectations for further RBA tightening. Anticipation of another RBNZ hike in September, supported by stronger New Zealand inflation, may limit […]
Read moreJuly 23, 2026 6:08 am
Key Moments AUD/JPY trades near 114.30 in Asian hours after recovering earlier session losses. Australia’s June unemployment rate holds at 4.4%, matching both consensus and the prior reading. Stronger Japanese Yen sentiment emerges as expectations grow for a potentially faster Bank of Japan tightening cycle. Australian Dollar Strengthens on Labor Market Surprise AUD/JPY is trading […]
Read moreJuly 23, 2026 6:03 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.7906 for the upcoming Thursday session. The new fixing compares with the prior session’s reference rate of 6.7933. The latest fixing contrasts with a Reuters estimate of 6.7712 for USD/CNY. Latest PBOC USD/CNY Central Parity Fix The People’s Bank of China (PBOC) […]
Read moreJuly 23, 2026 6:01 am
Key Moments USD/CAD trades defensively below 1.4100 in the Asian session, after rebounding from the 1.4000 psychological area earlier in the week. Rising crude oil prices, driven by heightened Middle East tensions and reported shipping disruptions, support the oil-linked Canadian Dollar. Renewed US-Canada trade war concerns and diverging Fed-BoC policy expectations create mixed signals for […]
Read moreJuly 23, 2026 5:43 am
Key Moments USD/JPY slipped to around 163.10 in early Asian trading on Thursday, with the Yen still hovering near a four-decade low. Money markets priced in roughly 84% odds of a Bank of Japan rate hike by October after the June move to 1.0%. Japanese officials reiterated readiness for “appropriate and bold action” as geopolitical […]
Read moreJuly 22, 2026 2:24 pm
Key Moments BNY’s Geoff Yu highlights that the Reserve Bank of India has intervened to back the Indian Rupee as higher energy costs pressure external balances and FX stability. BNY’s iFlow data shows INR positions are currently underheld compared with the beginning of the year, despite a brief post-ceasefire improvement. Elevated Oil prices and Brent […]
Read moreJuly 22, 2026 9:49 am
Key Moments GBP/JPY traded below the 218.00 level during the first half of the European session while remaining within Tuesday’s broader range. Mixed UK inflation figures and tempered Bank of England rate hike expectations weighed on the British Pound, while Bloomberg-reported BoJ policy risks supported the Yen. A substantial UK-Japan interest rate gap, with the […]
Read moreJuly 22, 2026 9:21 am
Key Moments Magyar Nemzeti Bank reduced its policy rate to 5.75% and signaled that additional monetary easing is likely. Societe Generale strategists project a 5.0% terminal policy rate by year-end, with EUR/HUF seen having bottomed near 348.59. EUR/HUF is still expected to end 2026 around 355, with risks tied to oil prices and Hungary’s 2027 […]
Read moreJuly 22, 2026 8:38 am
Key Moments EUR/USD trades near 1.1410 in early European hours on Wednesday, supported by a hawkish European Central Bank stance. Markets widely anticipate the ECB will keep its deposit rate unchanged at 2.25% on Thursday after June’s increase. Rising US-Iran tensions and renewed US strikes on Iran threaten to underpin the US Dollar as a […]
Read moreJuly 22, 2026 8:14 am
Key Moments USD/IDR trades near 17,960 after six straight days of gains as investors await Bank Indonesia’s policy announcement. Bank Indonesia is widely expected to lift its benchmark rate by 25 basis points to 6.0% after 100 basis points of hikes in May and June. Rising US-Iran tensions fuel risk aversion, underpinning demand for the […]
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