Monthly Archives: July 2026
Australia Building Approvals Fall in May, Adding Pressure on RBA Outlook and Australian Dollar
Written on July 1, 2026 at 5:51 am, by josephine
Australia’s May building approvals fell 1.1%, missing forecasts, signaling softer construction, dovish RBA tilt, market volatility.
USD/JPY hits multi-decade highs near 162.70 as yield gap bites and intervention risk lingers
Written on July 1, 2026 at 5:22 am, by josephine
USD/JPY hits 162.70 multi-decade highs as yield gaps support carry trades; Japan intervention risk persists.
PBoC sets firmer USD/CNY fixing above Reuters estimate as weak PMI keeps yuan under pressure
Written on July 1, 2026 at 5:21 am, by josephine
PBoC set a stronger USD/CNY fix, above estimates, signaling managed yuan weakness to support growth amid PMI, property softness.
Japan’s Tankan beats forecasts, bolstering BoJ tightening bets and lifting yen prospects
Written on July 1, 2026 at 4:52 am, by josephine
Japan’s Tankan hits 22 versus 16 expected, boosting optimism and lifting odds of BOJ normalization soon.
Asian currencies eye selective rebound as US dollar rally fades; rupiah seen outperforming on softer data
Written on July 1, 2026 at 4:51 am, by josephine
Asian currencies may rebound as dollar momentum fades; rupiah could outperform on soft US data, steady oil.
Gold steadies near $4,015 as Doha US-Iran talks uncertainty meets key US jobs data
Written on July 1, 2026 at 4:21 am, by josephine
Gold steadies near $4,015 as US-Iran Doha uncertainty and looming US jobs data sway sentiment.
Mexico’s May Fiscal Deficit Widens to 176bn Pesos, Raising Pressure on the Peso
Written on July 1, 2026 at 4:21 am, by josephine
Mexico’s May fiscal deficit ballooned, raising peso volatility, boosting USD/MXN upside, and pressuring Banxico to stay hawkish.
Irish Consumer Confidence Rises in June, Brightening Outlook for Domestic-Facing Equities
Written on July 1, 2026 at 3:51 am, by josephine
Ireland’s consumer confidence climbed to 62.2 in June, signaling stronger sentiment and supporting bullish Irish equity positioning.
USD/SGD Loses Upward Momentum as UOB Turns Neutral, Eyes 1.2920–1.2950 Range
Written on July 1, 2026 at 3:51 am, by josephine
USD/SGD loses upside momentum; UOB turns neutral, expects consolidation 1.2920–1.2950, wider 1.2870–1.2970 range.
Euro stalls near 1.14 as Fed tightening bets outweigh softer eurozone inflation
Written on July 1, 2026 at 2:52 am, by josephine
Euro stalls near 1.1420 as Fed tightening bets support dollar; softer Eurozone inflation boosts ECB caution.
