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Japan Leading Economic Index registered at 116.5 above expectations (116.4) in June
Japan Leading Economic Index registered at 116.5 above expectations (116.4) in June
EUR/JPY Price Forecast: Rises toward 186.00 after rebounding from ascending channel bottom
EUR/JPY appreciates after two days of gains, trading around 185.80 during the Asian hours on Tuesday. Technical analysis of the daily chart indicates the currency cross remains within the ascending channel pattern, signaling an ongoing bullish bias.
Canadian Dollar remains depressed as firmer USD and trade war counter higher oil prices
The USD/CAD pair sticks to a positive bias for the second straight day and trades around mid-1.3800s during the Asian session on Tuesday.
RBA's Jacobs: Transition from RBA controlling reserves quantity to banking system managing it
Reserve Bank of Australia (RBA) Head of Domestic Markets, David Jacobs, said during the Asian trading session on Tuesday that the central bank aims to have a system that can flexibly supply whatever quantity the banking system demands, while keeping the cash rate close to the board’s target.
British Pound holds range below mid-1.3600s as USD firms amid Fed risks and Iran tensions
The GBP/USD pair extends its sideways consolidative price move for the second straight day and trades around the 1.3630 area during the Asian session on Tuesday.
New Zealand Dollar gains as high inflation fuels odds of RBNZ September rate hikes
NZD/USD gains ground after registering modest losses in the previous day, trading around 0.5960 during the Asian hours on Tuesday.
Japan’s Katayama: Will focus on key policies in FY27 budget to drive economic growth
Japan Finance Minister (FM) Satsuki Katayama said in the Asian trading session on Tuesday that the government aims to balance fiscal sustainability and economic growth and communicate with markets on this stance.
Australian Dollar remains steady following RBA Meeting Minutes
AUD/USD gains ground after registering modest losses in the previous day, trading around 0.7150 during the Asian hours on Tuesday.
RBA Minutes: Board ready to raise rates if upside risks materialise
Reserve Bank of Australia (RBA) published the Minutes of its July monetary policy meeting on Tuesday, with the key takeaways noted below.
Japanese Yen consolidates around 159.00 vs USD as bearish potential remains intact
The USD/JPY pair is seen oscillating in a narrow band just above the 159.00 mark during the Asian session on Tuesday, awaiting a fresh catalyst before the next leg of a directional move.
PBOC sets USD/CNY reference rate at 6.7852 vs. 6.7841 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7852 compared to the previous day's fix of 6.7841 and 6.7219 Reuters estimate.
Euro gains support amid hawkish ECB expectations, subdued US Dollar
EUR/USD inches higher after posting minor losses in the previous day, trading around 1.1670 during the Asian hours on Tuesday. The pair finds support as rising oil prices, elevated bond yields, and escalating Middle East tensions drive Eurozone inflation concerns.
Australian Dollar falls as Iran sanctions sour risk appetite, RBA minutes eyed
The Australian Dollar began the week on a lower note, trading with a 0.28% loss against the Greenback as risk appetite soured after the US Department of the Treasury imposed sanctions on Iran-linked entities. At the time of writing, the pair trades at 0.7159