December 19, 2025 10:14 am
Key Moments USDINR is consolidating beneath a key resistance area near 90.40 while the broader uptrend remains intact. Recent intervention by the Reserve Bank of India helped halt the latest wave of selling in the Indian Rupee. Traders are focusing on technical breakout levels in the short term to guide positioning in USDINR. Fundamental Overview […]
Read moreDecember 19, 2025 9:03 am
Key Moments The British pound held firm after the Bank of England struck a less dovish tone than markets expected, according to ING. At the same time, BoE policymakers flagged ongoing concerns around strong wage growth and underlying inflation pressures. Meanwhile, ING still expects two 25 basis point rate cuts and sees EUR/GBP holding above […]
Read moreDecember 19, 2025 8:32 am
Key Moments Bitcoin traded 0.6% higher at $87,121.6, hovering close to the $87,000 level in subdued action. The token is heading for an almost 4% weekly loss after spending most of the week in a tight trading band. Softer U.S. CPI data reinforced expectations for Federal Reserve rate cuts in 2026, but failed to spark […]
Read moreDecember 19, 2025 7:05 am
Key Moments On Friday, the People’s Bank of China set the USD/CNY central parity at 7.0550. Previously, the reference rate stood at 7.0583. Meanwhile, the central bank relies on several policy tools, including the Loan Prime Rate. Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBOC) set the USD/CNY reference rate […]
Read moreDecember 18, 2025 3:16 pm
Key Moments GBP/JPY trades around 208.40 after bouncing from an intraday low of 207.87 following the BoE decision. The Bank of England cuts its policy rate by 25 bps to 3.75% on a narrowly split 5-4 vote. Markets now look to the Bank of Japan, where a move to lift rates to 0.75% from 0.50% […]
Read moreDecember 18, 2025 2:55 pm
Key Moments Wolfe Research flags deteriorating technicals across major cryptocurrencies, with many trading below key moving averages and near 52-week lows. Analyst Rob Ginsberg highlights Bitcoin and Ethereum breakdowns, pointing to potential support tests around $75,000 for BTC and $2,600 for ETH. Wolfe expects continued Bitcoin outperformance versus altcoins and sustained pressure on crypto-related equities, […]
Read more