July 8, 2026 1:01 pm
Key Moments USD/CAD falls 0.26% to around 1.4160 during the European session as the Canadian Dollar strengthens. WTI trades more than 2.23% higher near $73.6 in European trading and is up over 7% so far this week. Markets focus on upcoming Canadian June labor data and the release of FOMC minutes at 18:00 GMT. CAD […]
Read moreJuly 8, 2026 12:52 pm
Key Moments Societe Generale notes EUR/SEK has moved back above its 200-day moving average, overcoming a key technical barrier. The pair recently advanced toward 11.11 after breaking out above the top of a prior base formation. Support is identified around 11.00, with potential upside objectives at the upper boundary of a longer-term descending channel near […]
Read moreJuly 8, 2026 12:33 pm
Key Moments EUR/GBP traded in a tight band between 0.8535 and 0.8650, with sellers unable to extend losses or trigger a decisive rebound. Geopolitical tensions and firmer Oil prices weighed on risk sentiment and limited any meaningful Euro recovery. Bullish divergence on the four-hour RSI and a marginally positive MACD reading pointed to a possible […]
Read moreJuly 8, 2026 9:20 am
Key Moments Commerzbank expects Poland’s NBP to keep the base rate unchanged at 3.75%, a stance already priced into forwards. Headline CPI slowed to 2.5% year-over-year in June, with month-on-month prices turning negative and underlying inflation momentum near zero. With rate-hike bets unwound and easing now under discussion, Commerzbank anticipates PLN underperformance versus CZK as […]
Read moreJuly 8, 2026 9:12 am
Key Moments Czech headline inflation eased to 1.5% year-on-year, undershooting both market expectations and the CNB’s forecast. CNB officials continue to emphasize elevated core inflation and regard the latest moderation in headline prices as temporary. Market participants may still factor in the risk of an additional 25bp rate increase in 2026, supporting an outlook for […]
Read moreJuly 8, 2026 8:56 am
Key Moments Bitcoin (BTC) trades near $62,870 after being rejected at the $64,000 resistance level, keeping a short-term bearish tone. Renewed US-Iran tensions and concerns over crude supply in the Strait of Hormuz weigh on risk sentiment and risk-sensitive assets such as Bitcoin. The stablecoin market shrank by 2.4% ($7.7 billion) to $312 billion in […]
Read moreJuly 8, 2026 8:37 am
Key Moments USD/INR slips toward 95.00 as the Rupee edges higher despite a sharp rise in crude oil prices. MCX Crude Oil July 20 contract trades near 6,882 after gains of 2.62% in the opening session and almost 2.35% on Tuesday. Foreign Institutional Investors have been net buyers of Indian equities for three consecutive sessions, […]
Read moreJuly 8, 2026 8:11 am
Key Moments EUR/USD trades near 1.1410 during Asian hours after modest losses in the prior session, with slight gains supported by a softer US Dollar. Market focus centers on the first Federal Reserve Meeting Minutes under Chairman Kevin Warsh for signals on the future path of US interest rates. Heightened tensions around the Strait of […]
Read moreJuly 8, 2026 8:01 am
Key Moments USD/IDR trades near 18,050 in Asian hours as the Rupiah stays on the back foot after June consumer confidence falls to 117.8 from 120.9. Market participants focus on the first Federal Reserve Meeting Minutes under Chairman Kevin Warsh for guidance on the future path of US interest rates. Safe-haven flows underpin the US […]
Read moreJuly 8, 2026 7:20 am
Key Moments AUD/USD trades near 0.6943, with the Australian Dollar up 0.23% against the US Dollar in the Asian session. RBA Assistant Governor Sarah Hunter reiterates the central bank’s readiness to act to return inflation to target, after three 25 bps hikes this year. Markets look ahead to the FOMC Minutes and China’s June CPI […]
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