July 8, 2026 7:05 am
Key Moments EUR/JPY trades near 185.30 during Asian hours on Wednesday, recovering from prior-session losses. The pair holds above the VWAP at 185.20 and clustered EMAs, with the 50-day EMA at 184.95 acting as nearby trend support. Price consolidates inside a symmetrical triangle, with resistance near 185.80 and support around 183.70 defining the short-term range. […]
Read moreJuly 8, 2026 6:49 am
Key Moments USD/CHF trades around 0.8090, extending its advance for a third consecutive session during Asian hours on Wednesday. US airstrikes on Iran following attacks on vessels in the Strait of Hormuz support the US Dollar via safe-haven demand. Switzerland’s 10-year government yield moves above 0.34% despite inflation easing to 0.5% in June and unemployment […]
Read moreJuly 8, 2026 6:37 am
Key Moments AUD/NZD trades near 1.2170 in Asian hours on Wednesday, slipping about 0.25% after the RBNZ rate decision. The RBNZ lifts the Official Cash Rate by 25 basis points to 2.50% and signals further stimulus reduction may be needed. Despite hawkish remarks from the RBA, markets still anticipate an August pause after three earlier […]
Read moreJuly 8, 2026 6:28 am
Key Moments NZD/USD rises back to the 0.5700 level after the Reserve Bank of New Zealand lifts its Official Cash Rate by 25 bps to 2.50%. Safe-haven demand for the US Dollar remains supported by renewed US-Iran tensions and higher US Treasury yields. Traders turn their attention to RBNZ Governor Anna Breman’s press conference and […]
Read moreJuly 8, 2026 6:17 am
Key Moments GBP/USD trades near 1.3355 in Wednesday’s Asian session as the US Dollar firms. Fresh US strikes on Iran and attacks on tankers in the Strait of Hormuz lift safe-haven demand for the Greenback. Andy Burnham is widely expected to become UK Prime Minister by July 20, with investors trimming the domestic risk premium. […]
Read moreJuly 8, 2026 5:54 am
Key Moments USD/CAD trades near 1.4200 in Asian hours after modest losses in the prior session. Market-implied expectations for total Fed rate hikes by December fall to about 26 basis points from 38 basis points a week earlier. Elevated crude prices and rising geopolitical risks provide potential support for the Canadian Dollar. USD/CAD Edges Higher […]
Read moreJuly 7, 2026 1:55 pm
Key Moments ING economists say fading prospects of further ECB and Fed tightening should reduce external pressure on the Polish Zloty. They highlight that investor concerns about a more dovish National Bank of Poland stance are currently negative for PLN. With euro adoption still distant in Poland, ING warns that any additional softening in NBP […]
Read moreJuly 7, 2026 10:12 am
Key Moments USD/CHF trades higher for a second straight session, with dips remaining shallow and resistance at 0.8075 under pressure. Swiss National Bank data show Foreign Currency Reserves increased to CHF 759 billion in June from CHF 711 billion in May. USD/CHF technical setup points to a corrective phase above 0.8050, with key levels at […]
Read moreJuly 7, 2026 10:05 am
Key Moments Hungarian inflation declined to 1.7%, undershooting both market expectations and the National Bank of Hungary’s June projection of 2.0%. Markets are pricing about 150bp of additional easing and a 4.50% terminal policy rate, aligned with ING’s forecast assuming BUBOR stays above the policy rate. EUR/HUF is expected to hold within the 350-356 band, […]
Read moreJuly 7, 2026 9:58 am
Key Moments USD/CAD has broken out of a prolonged consolidation phase and advanced toward 1.4250, with 1.4130 emerging as critical support. Short CAD positions have risen to 43.5% of open interest, the most bearish level since mid December 2025, indicating notably stretched sentiment. BoC’s 2Q business outlook survey reports a Gulf war-driven spike in inflation […]
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