November 5, 2026 7:33 am
Key Moments EUR/USD trades near 1.1245 in early Asian hours, hovering at its strongest level in almost a month. Democrats secure control of both the US Senate and House of Representatives in midterm elections, pressuring the US Dollar. Eurozone HICP inflation stands at 4.0% in October, matching expectations and reinforcing prospects for further ECB tightening. […]
Read moreNovember 5, 2026 7:29 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.7156 for Thursday’s session. The new fixing was slightly stronger than the previous day’s reference level of 6.7180. The official fixing diverged from a 6.6783 Reuters estimate for the daily reference rate. Latest USD/CNY Central Parity Fix The People’s Bank of […]
Read moreNovember 4, 2026 2:32 pm
Key Moments GBP/JPY rebounded from around 212.00 on Wednesday and traded just below the mid-213.00s, up about 0.20% intraday. Market participants have priced in a near-certain 25-basis-point Bank of England rate hike on Thursday, supporting the Pound. Intervention risks and a softer US Dollar lent some support to the Yen, tempering additional upside in GBP/JPY. […]
Read moreNovember 4, 2026 2:28 pm
Key Moments EUR/CHF declined after Swiss inflation reached 1.5% year-on-year, surprising markets. The higher inflation reading has renewed doubts that the Swiss National Bank can avoid policy tightening through 2027. ING’s Chris Turner highlights increased investor interest in the Swiss franc and flags downside risks to existing EUR/CHF forecasts. Inflation Surprise Pressures EUR/CHF Chris Turner […]
Read moreNovember 4, 2026 2:19 pm
Key Moments Riksbank raises its policy rate by 25bp to 2.0%, signaling that monetary conditions remain accommodative relative to neutral. Updated rate projections indicate further increases up to 2.3% in 2027 and 2.5% in 2028, reducing the rate gap with the ECB. EUR/SEK has fallen back to its 200-day moving average, testing support around 10.91/10.87 […]
Read moreNovember 4, 2026 2:06 pm
Key Moments Analyst Tatha Ghose at Commerzbank expects the National Bank of Poland (NBP) to keep its base rate unchanged at 3.75% at the upcoming decision. Recent headline inflation eased to 3.5% y/y from 4.1% y/y, a move attributed to temporary fuel tax cuts rather than lasting disinflation. Commerzbank warns that continued NBP inaction could […]
Read moreNovember 4, 2026 12:41 pm
Key Moments EUR/GBP is oscillating between 0.8320 and 0.8365, trading near 0.8347 and hovering just above 18-month lows. Expectations for a 25 basis point Bank of England rate increase to 4% on Thursday are underpinning GBP strength. Eurozone inflation data at three-year highs is adding pressure on the ECB, while technicals show fading bearish momentum […]
Read moreNovember 4, 2026 11:03 am
Key Moments EUR/CAD traded around 1.5700, marking a third straight session of gains during European hours on Wednesday. Germany’s October HCOB Services PMI rose to 52.5 and Composite PMI to 53.4, while both Eurozone-wide PMIs softened. Potential strength in crude oil and geopolitical uncertainty around US-Iran decisions may underpin the Canadian Dollar. Euro Sustains Momentum […]
Read moreNovember 4, 2026 10:01 am
Key Moments USD/CHF trades near 0.8170 during Asian hours on Wednesday after surrendering gains from the prior session. Democrats win control of the US House of Representatives, raising uncertainty over the future direction of US fiscal policy. Swiss inflation rises to 1.5% in October, prompting markets to anticipate a Swiss National Bank rate hike in […]
Read moreNovember 4, 2026 9:08 am
Key Moments NZD/USD finds support during Asian trading as broad USD weakness offsets New Zealand’s soft labor market data. New Zealand’s unemployment rate rises to 5.7% in Q3 2026, an 11-year high, reinforcing the RBNZ’s dovish stance. China’s Services PMI slips to 50.8 in October from 51.6, tempering upside potential for the New Zealand Dollar. […]
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