July 16, 2026 7:04 am
Key Moments GBP/USD trades near 1.3530 in early Asian hours on Thursday as the Pound loses ground to the Dollar. New U.S. military strikes on Iran and disruption risks in the Strait of Hormuz revive concerns over energy-driven inflation. Money markets fully price in a Bank of England rate hike by November, with expectations for […]
Read moreJuly 16, 2026 6:33 am
Key Moments USD/CAD trades just below the mid-1.4000s during the Asian session, stabilizing near a four-week low for the pair. US PPI fell 0.3% after a revised 0.6% increase, adding to a soft CPI print and further dampening Fed rate hike expectations. Escalating US-Iran tensions and the closure of the Strait of Hormuz help keep […]
Read moreJuly 16, 2026 6:29 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.7909 for Thursday’s session. The new fixing marginally differed from the prior day’s level of 6.7910. The official rate contrasted with a 6.7577 reference estimate reported by Reuters. Latest Central Parity Setting The People’s Bank of China (PBOC) set the central […]
Read moreJuly 16, 2026 6:25 am
Key Moments AUD/USD trades around 0.7000 on Thursday in Asia, surrendering recent gains as the pair returns to negative territory. Australian Consumer Inflation Expectations fell by 0.8% in July to 4.7%, down from 5.5%, while wage expectations have been flat for eight months. US strikes on Iranian military assets and a reinstated naval blockade have […]
Read moreJuly 16, 2026 6:09 am
Key Moments Bitcoin has rebounded after a period of sideways trading near recent lows, with Glassnode indicating this may represent the beginning of a bottoming phase. US spot Bitcoin ETFs saw $181 million in net inflows on Tuesday following $424 million in outflows the previous day, signaling a slowdown in institutional redemptions. Derivatives indicators, including […]
Read moreJuly 16, 2026 5:59 am
Key Moments NZD/USD trades around 0.5840 during Asian hours on Thursday after two consecutive sessions of gains. RBNZ Chief Economist Paul Conway warned that persistent inflation tied to Middle East supply disruptions could force further rate hikes. China’s economy, a key driver for New Zealand exports, grew at its slowest pace in three and a […]
Read moreJuly 15, 2026 2:01 pm
Key Moments Bitcoin advanced 3% to $64,707.1, briefly reaching $65,340, its highest level since June 22. Softer-than-expected U.S. CPI data eased immediate Federal Reserve rate hike concerns but did not remove longer-term tightening risks. Escalating U.S.-Iran military tensions lifted oil prices and curbed further upside across the cryptocurrency market. Macro Easing Supports Bitcoin Bitcoin traded […]
Read moreJuly 15, 2026 12:43 pm
Key Moments Norway’s underlying CPI fell to 2.7% y/y in June, an 18-month low and below both Norges Bank and consensus projections of 3.3%. BBH expects one additional Norges Bank rate hike to 4.50% by year-end, despite the softer inflation reading. With the policy rate already above the Bank’s neutral estimate and the output gap […]
Read moreJuly 15, 2026 9:34 am
Key Moments GBP/JPY advanced for a second session, reaching a weekly high around 217.70 during early European trade on Wednesday. The rate differential between the BoE base rate at 3.75% and the BoJ short-term policy rate at 1% keeps carry trades in favor of GBP/JPY. Heightened risks around US-Iran tensions and potential energy supply disruptions […]
Read moreJuly 15, 2026 9:10 am
Key Moments EUR/CAD traded 0.13% higher near 1.6078 after a three-day decline, with the rebound occurring during Wednesday’s European session. The Bank of Canada is anticipated to keep its policy rate unchanged at 2.25% at the 13:45 GMT announcement. MUFG analysts foresee an additional 25 bps European Central Bank rate hike this year, amid renewed […]
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