June 29, 2026 1:21 pm
Key Moments Bitcoin trades below $60,000, more than 50% beneath its all-time peak of $126,199. The four-year cycle framework points to roughly four more months before a potential bear-market low. Technical downside risk is mapped out between $49,221 and $33,111, implying a possible drawdown of about 75% from the record high. Four-Year Cycle Signals More […]
Read moreJune 29, 2026 12:47 pm
Key Moments The British Pound trades about 0.25% higher near 1.3230 against the US Dollar during the European session. Greater Manchester Mayor Andy Burnham pledges alignment with the Labour Party’s 2024 manifesto, supporting expectations of fiscal policy continuity. BoE MPC member Megan Greene votes for a rate hike as markets await US June Nonfarm Payrolls […]
Read moreJune 29, 2026 11:21 am
The AUD/CHF currency pair held within a tight daily range on Monday, near a 3-week low of 0.5568, as traders awaited the release of the Reserve Bank of Australia minutes from its June monetary policy meeting. In that decision, the RBA maintained its official cash rate at 4.35% after raising rates at three consecutive prior […]
Read moreJune 29, 2026 9:37 am
Key Moments USD/INR has stayed close to 94.40, with the Rupee leading Asian gains against the Dollar in June. India’s foreign exchange reserves rose 0.1% to USD672.6bn in the week ending 19 June. Commerzbank expects USD/INR to remain near the lower bound of its recent 94-96 trading band. Improving Outlook for the Rupee Commerzbank analysts […]
Read moreJune 29, 2026 9:28 am
Key Moments USD/CAD is trading around 1.4180 after three consecutive daily declines from its 14-month peak. The 14-day RSI stands at 75.3, pointing to overbought conditions and the risk of a corrective pullback. Key levels include resistance at 1.4248 and support clustered around the nine-day EMA at 1.4155. Technical Backdrop: Bullish Channel Holds Despite Recent […]
Read moreJune 29, 2026 8:35 am
The AUD/JPY currency pair held within a tight daily range on Monday, as traders awaited the release of the Reserve Bank of Australia minutes from its June monetary policy meeting. In that decision, the RBA maintained its official cash rate at 4.35% after raising rates at three consecutive prior meetings. The minutes will provide a […]
Read moreJune 29, 2026 8:17 am
Key Moments USD/IDR traded around 17,900 in Asian hours on Monday after two straight sessions of declines. Markets are focused on Indonesian data due Wednesday, including Manufacturing PMI, trade balance, and June inflation figures. Middle East tensions and a temporary US-Iran truce, alongside domestic governance concerns, are weighing on risk sentiment and the Rupiah. USD/IDR […]
Read moreJune 29, 2026 8:00 am
Key Moments EUR/USD trades flat around 1.1385 during early European hours on Monday. The US and Iran agreed to pause attacks and plan to meet in Doha, Qatar, on Tuesday. Investors are watching ECB President Christine Lagarde’s speech and upcoming US June labor data for policy signals. Euro steadies ahead of key central bank and […]
Read moreJune 29, 2026 7:50 am
Key Moments USD/CHF trades virtually unchanged around 0.8100 for a second straight day during Asian trading on Monday. A temporary truce between the United States and Iran has eased safe-haven flows into the Swiss Franc. The Swiss National Bank keeps its policy rate at 0% for a fourth consecutive meeting but raises its inflation outlook […]
Read moreJune 29, 2026 7:31 am
Key Moments EUR/JPY is trading near 184.20 in early European hours on Monday while remaining below its 100-day simple moving average. Geopolitical uncertainty surrounding US-Iran talks and prospects of Japanese FX intervention are supporting demand for JPY. A daily close above the 100-day moving average at 184.55 is needed to ease bearish pressure, with initial […]
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