July 3, 2026 6:04 am
Key Moments: USD/CAD trades near 1.4190 in Asian hours on Friday after modest losses in the prior session. Falling global crude prices weigh on the commodity-linked Canadian Dollar and reinforce expectations for a more dovish BoC stance. June U.S. Nonfarm Payrolls of 57,000 miss the 110,000 consensus, but a drop in the unemployment rate to […]
Read moreJuly 3, 2026 5:58 am
Key Moments USD/JPY retreated from the 161.50 area and traded near 161.00, extending a two-day pullback from its highest level since 1986. Softer June U.S. Nonfarm Payrolls and a revision lower to the prior month’s data curbed enthusiasm for further Federal Reserve rate hikes. Reports of a shift in Japan’s intervention tactics and elevated geopolitical […]
Read moreJuly 3, 2026 5:50 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.8047 for Friday’s session. The new fixing compared with the prior day’s reference rate of 6.8088. The 6.8047 setting contrasted with a 6.7808 estimate reported by Reuters. Latest USD/CNY Central Parity Fix On Friday, the People’s Bank of China (PBoC) set the […]
Read moreJuly 2, 2026 2:13 pm
Key Moments EUR/JPY dropped more than 100 pips as the Yen strengthened sharply amid speculation of Japanese intervention. The pair found support near 183.75, with intraday momentum indicators still signaling a bearish bias. JPY outperformed major peers, registering its strongest move against the Australian Dollar in today’s trading. Euro Under Pressure as Yen Stages Broad […]
Read moreJuly 2, 2026 2:04 pm
Key Moments GBP/JPY pulled back from a two-month peak near 216.08 as the Yen strengthened sharply. Speculation about potential Japanese authorities’ intervention intensified after the Yen’s rebound, while the Ministry of Finance declined to comment. Despite the pullback, GBP/JPY technicals stayed broadly bullish above key moving averages on both 4-hour and daily charts. Market Overview […]
Read moreJuly 2, 2026 12:12 pm
Key Moments NZD/USD trades around 0.5680, up 0.16%, as investors trim USD exposure before the US Nonfarm Payrolls release. Weaker-than-expected US ADP jobs and ISM Manufacturing PMI data have weighed on the US Dollar and tempered Fed tightening expectations. New Zealand Dollar outperforms the US Dollar on the day, while markets await both US labor […]
Read moreJuly 2, 2026 11:54 am
Key Moments EUR/USD traded back above 1.1400 but stayed capped under the weekly high at 1.1435. Market participants reduced USD long positions ahead of the upcoming US Nonfarm Payrolls release. The broader EUR/USD downtrend remained intact while the pair traded below trendline resistance around 1.1555. Euro Edges Higher as Dollar Strength Pauses The Euro (EUR) […]
Read moreJuly 2, 2026 10:20 am
Key Moments EUR/CAD trades near 1.6200 after Eurozone unemployment declined to 6.2% in May, beating expectations of 6.3% ECB officials signal mixed views on the next policy step, with Pierre Wunsch arguing against more tightening and Martin Kocher warning wage growth may warrant a hike or pause Canadian Dollar faces headwinds as oil prices retreat […]
Read moreJuly 2, 2026 10:05 am
Key Moments Societe Generale strategists report that EUR/GBP has completed a Head and Shoulders pattern and fallen through its neckline around 0.8610, which is now viewed as initial resistance. Downside targets for EUR/GBP are identified at 0.8535/0.8520, with scope for a further move toward 0.8475 if selling pressure continues. Strategists cite GBP/USD outperformance against EUR/USD, […]
Read moreJuly 2, 2026 9:18 am
Key Moments USD/INR edges up toward 95.30 as the Rupee gives back early-session gains. MCX July Crude Oil futures trade about 1% lower near 6,450, marking their weakest level in months. US Dollar Index (DXY) trades around 101.10, down 0.25%, ahead of June Nonfarm Payrolls data. Rupee Softens Against Dollar Despite Supportive Backdrop The Indian […]
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