November 4, 2026 8:58 am
Key Moments USD/CAD retreats to around 1.3970 in Asian trading after two consecutive sessions of gains. US 2-year and 10-year Treasury yields decline to 4.566% and 4.90%, weighing on the US Dollar. Rising crude oil prices and a light Canadian data calendar shift CAD focus toward US midterm election outcomes. USD/CAD Slides as Dollar Softens […]
Read moreNovember 4, 2026 8:10 am
Key Moments AUD/USD traded around 0.6970 during Asian hours on Wednesday after two consecutive losing sessions. China’s RatingDog Services PMI eased to 50.8 in October from 51.6 in September, still signaling expansion. Australia’s S&P Global Services PMI fell to 48.5 and Composite PMI to 48.2 in October, both below the 50.0 neutral line. Australian Dollar […]
Read moreNovember 4, 2026 7:45 am
Key Moments GBP/USD extends a sharp advance, trading beyond the mid-1.3400s and marking its highest level since September 16 amid broad U.S. Dollar weakness. The U.S. Dollar Index drops to an over one-month low as early midterm vote counts point to stronger odds of a Democratic victory and lower Treasury yields. GBP strength is supported […]
Read moreNovember 4, 2026 7:33 am
Key Moments USD/JPY trades just below the mid-158.00s, down about 0.20% after touching a near three-week high the previous day. Heightened speculation over potential Japanese intervention and renewed USD selling weigh on the pair. US yields ease and political uncertainty around midterm elections keeps USD bulls cautious, even as Fed expectations stay hawkish. Pair Retreats […]
Read moreNovember 4, 2026 7:21 am
Key Moments EUR/USD trades around 1.1240 in early Asian dealings on Wednesday as U.S. midterm election uncertainty weighs on the Dollar. ECB officials, including Joachim Nagel and Radev, keep the prospect of a December rate hike alive, with Dec OIS pricing in 22bps of tightening risk. EUR/USD remains technically bearish below the 100-day SMA, with […]
Read moreNovember 4, 2026 7:12 am
Key Moments The People’s Bank of China (PBOC) set Wednesday’s USD/CNY central parity at 6.7180. The new fixing compares with the prior session’s reference rate of 6.7150. The 6.7180 level was set against a Reuters estimate of 6.6811 for the same session. Daily Yuan Fixing Adjusted Higher On Wednesday, the People’s Bank of China (PBOC) […]
Read moreNovember 3, 2026 12:48 pm
Key Moments EUR/JPY trades near 176.70 during Asian hours on Tuesday, staying within a descending channel that signals a bearish bias. The pair is hovering around the nine-day EMA at 176.45, with the 14-day RSI at 44.16, indicating only moderate downside momentum. Upside attempts face resistance near 177.90 and the 50-day EMA at 178.72, while […]
Read moreNovember 3, 2026 11:00 am
Key Moments Commerzbank’s Tatha Ghose underscores that Poland’s escalating institutional conflict, now reaching the Constitutional Tribunal, is weighing on PLN performance. EUR/PLN briefly touched 4.4372 as the zloty continued to lag other Central and Eastern European currencies following weekend protests. Commerzbank maintains a distinctly bearish view on PLN versus other CE3 currencies as political tensions […]
Read moreNovember 3, 2026 9:33 am
Key Moments USD/CHF trades near 0.8180 in Asian hours on Tuesday after surrendering earlier gains as the Swiss Franc firmed ahead of CPI data. Swiss annual CPI is projected to rise to 1.3% in October, while Real Retail Sales growth eased to 1.6% in September and manufacturing PMI climbed to 56.7. U.S. Dollar sentiment is […]
Read moreNovember 3, 2026 9:24 am
Key Moments EUR/JPY trades near 176.70 during Asian hours on Tuesday, staying within a descending channel that signals a bearish bias. The pair is hovering around the nine-day EMA at 176.45, with the 14-day RSI at 44.16, indicating only moderate downside momentum. Upside attempts face resistance near 177.90 and the 50-day EMA at 178.72, while […]
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