June 26, 2026 6:45 am
Key Moments EUR/USD trades in a tight range above the mid-1.1300s after hitting its lowest level since May 2025 on Thursday. Heightened Strait of Hormuz risks bolster safe-haven demand for the US Dollar, while softer Fed hike expectations curb further USD gains. Technical configuration remains bearish, with resistance at 1.1440 and the 100-period 4-hour SMA […]
Read moreJune 26, 2026 6:33 am
Key Moments USD/CHF advanced nearly 0.30%, trading around 0.8100 during Asian hours on Friday. Markets assigned a 63.4% probability to a Fed rate increase at the September 15-16 meeting, according to the CME FedWatch tool. Swiss investor sentiment deteriorated sharply in June 2026, with the UBS & CFA Society Switzerland index falling to -25.0 from […]
Read moreJune 26, 2026 6:27 am
Key Moments Bitcoin briefly dropped to the $58,000 area, its lowest intraday level in 21 months, before recovering to $59,770. The Short-Term Holder Realized Price Year-on-Year Momentum fell from about -2.4% in mid-March to roughly -24% as of Tuesday, signaling weakening speculative demand. Around $500 million in leveraged Bitcoin long positions were liquidated in roughly […]
Read moreJune 26, 2026 6:20 am
Key Moments NZD/USD trades near 0.5635, extending its losing streak to eight consecutive sessions. US PCE inflation and GDP data reinforced expectations for multiple Federal Reserve rate hikes this year. ASB Bank no longer expects a July RBNZ hike and now projects the OCR to peak at 3.25% by early 2027. NZD Under Pressure as […]
Read moreJune 26, 2026 6:12 am
Key Moments GBP/USD trades just below 1.3200 in Asia, holding a modest two-day positive bias after rebounding from November 2025 lows near 1.3140. Renewed geopolitical tension in the Strait of Hormuz and UK political uncertainty limit appetite for the British Pound and support the safe-haven USD. Reduced expectations for additional Fed rate hikes, following the […]
Read moreJune 26, 2026 5:59 am
Key Moments USD/CAD trades near 1.4200, declining for a second straight session as the Canadian Dollar benefits from firmer crude prices. Oil advances after a suspected projectile strike on a cargo vessel near Oman disrupts UN evacuation operations in the Strait of Hormuz. Markets assign a 63.4% probability to a Federal Reserve rate hike at […]
Read moreJune 26, 2026 5:45 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity at 6.8166. The new fixing compared with the prior session’s 6.8209 level. The reference rate diverged from a 6.8015 estimate cited from Reuters. Session Fixing Details On Friday, the People’s Bank of China (PBOC) announced the USD/CNY central parity rate for the upcoming […]
Read moreJune 25, 2026 2:14 pm
Key Moments Bitcoin traded 1.2% lower at $61,685.0 by 06:11 ET (10:11 GMT), remaining close to levels last seen around 1-½ years ago. Spot Bitcoin ETFs recorded $469 million in outflows on Wednesday, the largest daily withdrawal since June 2 and part of a seven-week stretch of redemptions. Broader crypto moves were muted, with Ether […]
Read moreJune 25, 2026 11:52 am
The USD/CHF currency pair held not far from a 47-week high of 0.8139 on Thursday, as the US Dollar remained underpinned by expectations that the Federal Reserve could proceed with interest rate hikes later this year. Market participants are positioning for tighter US monetary policy after Federal Reserve Chairman Kevin Warsh emphasized a strong commitment […]
Read moreJune 25, 2026 11:25 am
Key Moments BNY’s Geoff Yu notes that weakness in precious metals is eroding terms of trade for South Africa and Peru, limiting upside for ZAR and PEN. High nominal and real yields are pressuring precious and industrial metals, creating headwinds for metals-linked currencies in what would otherwise be a favorable carry environment. Institutional and policy […]
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