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Yen Holds Near Multi-Decade Lows Amid Intervention Fears

July 20, 2026 6:16 am
Key Moments USD/JPY trades just below the mid-162.00 area in thin Asian trading amid a holiday in Japan, hovering near a four-decade high. Verbal warnings from Japanese officials about potential intervention curb aggressive Yen selling despite a wide US-Japan rate gap. Rising US-Iran tensions and associated energy supply risks support both the US Dollar and […] Read more

Kiwi Dollar Slips as China Holds Rates, Trade Slows

July 20, 2026 5:59 am
Key Moments NZD/USD traded around 0.5840 in Asian hours on Monday, posting a third straight day of losses. New Zealand’s June trade surplus narrowed to NZD 0.02 billion, missing expectations of NZD 0.25 billion as imports outpaced exports. The US Dollar drew safe-haven support amid escalating US-Iran tensions and the collapse of an interim peace […] Read more

Sterling Holds Firm as Markets Weigh Fed, Mideast Risks

July 20, 2026 5:52 am
Key Moments GBP/USD trades near 1.3450 in early Asian dealings on Monday as investors monitor rising US-Iran tensions. Heightened strikes in the Middle East, extending to infrastructure targets, raise concerns over risk appetite and potential pressure on GBP. Softening US inflation data has reduced expectations for a July Fed hike to 14%, with markets pricing […] Read more

PBOC Slightly Lifts Yuan Fix as New Trading Session Begins

July 20, 2026 5:45 am
Key Moments The People’s Bank of China set Monday’s USD/CNY central parity rate at 6.7948. The new fixing compares with Friday’s reference rate of 6.7934. The official fix diverged from a Reuters estimate of 6.7577 for the session. Latest USD/CNY Central Parity Setting On Monday, the People’s Bank of China (PBOC) set the central USD/CNY […] Read more

Hungarian Markets Slip, but ING Keeps Bullish Outlook

July 17, 2026 1:16 pm
Key Moments ING’s Frantisek Taborsky highlights heavy selling in Hungarian assets amid a broader risk-off move in Central and Eastern Europe. Market pricing for Hungary’s rate-cut cycle has been reduced from 150bp to 120bp, while EUR/HUF has stabilized above 361. ING still expects EUR/HUF to trade mostly within the 350-360 band for the remainder of […] Read more

Bitcoin Slips as Bearish Signals Build on 4H Chart

July 17, 2026 11:13 am
Key Moments Bitcoin (BTC/USD) is trading at $62,936.30 on the 4-hour chart, down 2.0% today and hovering just above its 200-period moving average. A failed rally at $65,500 and a decisive move below the Ichimoku Cloud ($62,885–$63,599) have shifted the technical backdrop decisively in favor of sellers. Bearish trade setups show high conviction, while countertrend […] Read more

GBP/JPY Rally Stalls on Tokyo Intervention Risks

July 17, 2026 9:20 am
Key Moments GBP/JPY pulled back for a second session after briefly rising toward the 219.00 area on Friday, extending a retreat from its highest level since January 2008. Speculation over Japanese currency intervention and modest US Dollar strength supported the JPY and weighed on the GBP/JPY cross. A roughly 275 basis point UK-Japan rate gap […] Read more

Euro Rebounds vs Sterling on ECB Rate Hike Bets

July 17, 2026 9:09 am
Key Moments EUR/GBP recovered toward the 0.8500 area after touching a 13-month low at 0.8455. A Reuters poll showed 70% of respondents expect the ECB to deliver a 25-basis-point rate hike in September following a July pause. The pair remains on course for a fourth straight weekly decline, with the Euro down about 2.20% against […] Read more

Kiwi Slips as Mideast Risks Boost Dollar Demand

July 17, 2026 9:01 am
Key Moments NZD/USD traded near 0.5840 in early European dealings on Friday as risk sentiment deteriorated. Intensifying US strikes on Iran and threats to traffic through the Strait of Hormuz supported safe-haven demand for the US Dollar. Recent RBNZ tightening and hawkish guidance offered some support for the New Zealand Dollar despite rising geopolitical risks. […] Read more

Euro Slides as Dollar Gains on Fed Rate Outlook

July 17, 2026 8:46 am
Key Moments EUR/USD trades around 1.1435 after failing to extend gains near the 200-period SMA on the 4-hour chart. Rising US-Iran tensions have stoked energy-driven inflation concerns and reinforced expectations for additional Fed tightening, supporting the USD. Technical indicators show mixed signals, with RSI near 50 and MACD slightly negative, suggesting limited conviction in either […] Read more