Monthly Archives: July 2026
Pound Rally Falters Near 1.34 as BoE Speakers and US Jobs Data Loom

Written on July 2, 2026 at 5:22 am, by josephine
GBP/USD rebound fades below converging EMAs; 1.3350–1.3400 caps upside as BoE, NFP drive volatility this week.
USD/JPY Hits Multi-Decade Highs as Fed-BoJ Rate Gap Widens, Intervention Risk Builds Ahead of Payrolls

Written on July 2, 2026 at 5:21 am, by josephine
USD/JPY hits multi-decade highs as US-Japan rate gap persists; intervention risk rises near 163–164, NFP key.
Sterling Extends Gains Versus Yen as Rate Spread Lifts GBP/JPY Despite Intervention Threats

Written on July 2, 2026 at 4:51 am, by josephine
GBP/JPY rises above 215 as BoE-BoJ rate gap boosts momentum, while Japan intervention threat elevates volatility.
USD/CNH Slides Below 6.7900 as UOB Shifts to Consolidation, Sees 6.7750–6.8080 Range

Written on July 2, 2026 at 4:21 am, by josephine
USD/CNH broke 6.7900 support, turns oversold and shifts to consolidation; UOB targets 6.7750–6.8080 range.
Banxico survey shows lower end-2026 inflation forecast as growth expectations steady and peso seen softer

Written on July 2, 2026 at 3:52 am, by josephine
Banxico survey: analysts cut 2026 inflation forecasts, keep growth steady; peso seen weakening to 17.95, rates unchanged.
Dollar steadies on higher yields as softer ADP tempers ahead of jobs report, euro slips

Written on July 2, 2026 at 3:51 am, by josephine
Dollar steadies near 101.40; mixed US data boosts volatility ahead of NFP, favoring FX and commodity options.
USD/KRW Set for Range Trading as 1561 Caps Gains Ahead of US Payrolls

Written on July 2, 2026 at 3:22 am, by josephine
USD/KRW stalls below 1561 resistance, likely range 1530–1561; breakout targets 1573/1580 as key data looms.
Mexican peso slips as USMCA doubts lift trade-risk premium and underpin firmer US dollar

Written on July 2, 2026 at 3:21 am, by josephine
Peso weakens as USMCA extension doubts boost trade-risk premium, pushing USD/MXN higher amid positioning unwind.
Macklem Flags Soft Canadian Economy as Inflation Stays Above Target, Keeping Rate-Cut Bets in Check

Written on July 2, 2026 at 2:52 am, by josephine
BoC’s Macklem says economy soft, inflation above target; rates near neutral as AI uncertainty elevates USD/CAD volatility.
Commerzbank Sees Thai Baht Range-Bound as BoT Holds Rates, Trade Deficit Narrows

Written on July 2, 2026 at 2:51 am, by josephine
Thailand’s economy looks stable; trade deficits narrowed, inflation contained, BoT steady—USD/THB rangebound with modest weakness risk.