July 21, 2026 2:16 pm
Key Moments Market-based inflation expectations for Turkey for year-end 2026 and the next 12 months have increased again, weakening confidence in the disinflation narrative. Survey participants anticipate the CBRT will hold its policy rate at 37.0% at the upcoming meeting, then lower it to 34.7% by year-end. The same survey raised the end-2026 USD/TRY forecast […]
Read moreJuly 21, 2026 2:00 pm
Key Moments EUR/GBP trades around 0.8527, marking a fourth straight session of gains for the cross. Stronger-than-expected Eurozone and German ZEW sentiment readings lend support to the Euro. UK CPI and PPI releases on Wednesday are highlighted as the next key drivers for EUR/GBP. Euro Advances as UK Fiscal Concerns Pressure Sterling EUR/GBP strengthened on […]
Read moreJuly 21, 2026 12:31 pm
Key Moments ING’s Frantisek Taborsky expects the National Bank of Hungary to lower its key rate by 25bp to 5.75%, extending the current easing cycle. Market pricing now implies slightly more than 75bp of total easing, including the upcoming decision, with a terminal rate between 4.75% and 5.00%. Taborsky projects the policy rate at 5.00% […]
Read moreJuly 21, 2026 10:01 am
Key Moments GBP/USD traded around 1.3430 during European hours on Tuesday, marking a fourth straight session of weakness while staying within an ascending channel. The pair remained above both the nine-day EMA at 1.3426 and the 50-day EMA at 1.3386, with a 14-day RSI near 55 signaling steady bullish momentum. British Pound underperformed the New […]
Read moreJuly 21, 2026 9:45 am
Key Moments Shiba Inu (SHIB) trades above $0.0000042 on Tuesday after breaking a descending trendline drawn from mid-May highs. CryptoQuant data shows five straight days of SHIB net outflows from exchanges since July 17, pointing to easing selling pressure. Funding rates turn and stay positive from July 17, with a 0.0103% reading on Tuesday, reinforcing […]
Read moreJuly 21, 2026 9:26 am
Key Moments EUR/JPY traded around 185.50 during Asian hours on Tuesday after three consecutive sessions of declines. The cross held above both the nine-day EMA at 185.46 and the 50-day EMA at 185.12, maintaining a constructive short-term outlook. Euro showed its strongest performance against the Japanese Yen in today’s major FX moves. EUR/JPY Holds Above […]
Read moreJuly 21, 2026 9:17 am
Key Moments USD/INR pulled back to around 96.34 after touching a two-month high of 96.76 on Monday. MCX August 19 crude oil futures eased to near Rs. 7,945 after hitting a five-week high of Rs. 8,158. Foreign Institutional Investors have offloaded Rs. 10,240.80 crore in Indian equities over the last six trading sessions. Rupee Rebounds […]
Read moreJuly 21, 2026 8:52 am
Key Moments USD/CAD extended its two-day rebound from the 1.4000 area but saw buying momentum fade just below the 1.4100 resistance zone. Soft Canadian inflation data, diverging central bank expectations, and new U.S. tariffs on Canadian products have weighed on the Canadian Dollar. Technical indicators show improving bullish momentum, with upside confirmation expected only on […]
Read moreJuly 21, 2026 8:44 am
Key Moments: USD/IDR extended its decline for a sixth straight session, trading near 17,940 in Asian hours on Tuesday. Support for the Indonesian Rupiah emerged after plans for the Indonesia International Financial Center (PFII) in Jakarta boosted sentiment. The US Dollar softened as risk aversion eased on reports of mediator proposals for a potential 10-day […]
Read moreJuly 21, 2026 8:36 am
Key Moments AUD/JPY trades near 113.85 in early European dealings on Tuesday, holding above the 100-day simple moving average. Traders are pricing in nearly a 23% probability of an RBA rate hike in August and over a 50% chance by December, according to the Guardian. Key technical levels include resistance at 114.10 and 114.74, with […]
Read more