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Sweden Riksbank Interest Rate Decision meets forecasts (1.75%)
Sweden Riksbank Interest Rate Decision meets forecasts (1.75%)
Indian Rupee: Hawkish RBI pause shifts rate outlook ā Societe Generale
Societe Generaleās Kunal Kundu says the Reserve Bank of India's (RBI) August 2026 Monetary Policy Committee (MPC) minutes reveal a more hawkish inflation assessment than the policy statement suggested.
Forex Today: US Dollar struggles after Treasury boosts long-term bond purchases
Here is what you need to know on Thursday, August 20:
Australian Dollar: Upside risk hinges on 0.7150 against US Dollar ā UOB
United Overseas Bankās Quek Ser Leang and Lee Sue Ann note AUD/USD retested recent highs near 0.7130 but momentum has not strengthened markedly.
Australian Dollar holds early losses driven by weak job data
The Australian Dollar (AUD) remains under pressure against its major currency peers during the early European trading session on Thursday. As of writing, the antipodean is down 0.17% to near 0.7110 against the US Dollar (USD).
Canadian Dollar gains traction on fading Fed rate hike bets, US-Canada tariff pause
The USD/CAD pair declines to around 1.3790 during the early European trading hours on Thursday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) as cooling US inflation dampens aggressive US Federal Reserve (Fed) policy expectations.
Swedish Krona: Hawkish Riksbank stance holds ā Commerzbank
Commerzbankās Antje Praefcke expects the Swedenās central bank, the Riksbank, to leave its policy rate at 1.75% and maintain a hawkish tone similar to Juneās statement.
Indian Rupee: Elevated Oil keeps INR lagging against US Dollar ā OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note Indian Rupee (INR) remains under pressure despite broader US Dollar (USD) weakness, as high Oil prices and importer Dollar demand weigh on the currency.
Switzerland Industrial Production (YoY) up to 5.5% in 2Q from previous -7.1%
Switzerland Industrial Production (YoY) up to 5.5% in 2Q from previous -7.1%
Equities: Yield relief and healthcare gains lift markets ā Deutsche Bank
Deutsche Bank strategists note that equities rebounded as a sharp decline in long-end US Treasury yields helped the S&P 500 end a three-day losing streak.
Iran's Araghchi says economic D-Day is a diversion from the US crisis
Iran's Foreign Minister Abbas AraghchiĀ dismissed US President Donald Trumpās threatened āeconomic D-Dayā against Tehran as an attempt to divert attention from US debt and rising interest costs, Reuters reported on Thursday. Araghchi added that US policies will bring defeat and enmity.Ā
British Pound: Further gains face 1.3655 cap against US Dollar ā UOB
United Overseas Bankās Quek Ser Leang and Lee Sue Ann report that GBP/USD spiked to 1.3630 before easing, leaving shortāterm conditions overstretched.
EUR/JPY Price Forecast: Gains traction above 185.00, bullish signals keep uptrend intact
The EUR/JPY cross gathers strength to around 185.20 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Euro (EUR) amid disappointing Japanese Gross Domestic Product (GDP) data.