Monthly Archives: July 2026

China Services PMI Slips but Stays Expansionary as Aussie Holds Gains Despite Technical Headwinds

Written on July 3, 2026 at 7:00 am, by

China services PMI eased yet stayed strong; AUD firm, but AUD/USD weak technically, options suggested.

PBoC sets firmer USD/CNY fix below estimates, signalling managed yuan strength amid softer growth

Written on July 3, 2026 at 6:31 am, by

PBoC set stronger USD/CNY fix yet weaker than estimates, signaling managed yuan stability amid soft growth.

GBP/USD rises as weak US payrolls dent dollar; BoE hike bets and UK politics in focus

Written on July 3, 2026 at 6:30 am, by

GBP/USD rose near 1.3350 as weak US jobs data hit dollar; BoE hawkishness boosts volatility.

WTI slips towards $68 as US-Iran thaw eases risk premium and boosts Gulf supply flows

Written on July 3, 2026 at 6:01 am, by

WTI slips near $68.40 as eased US-Iran tensions and restored Hormuz shipping boost supply, pressuring prices.

EUR/USD Drifts Lower as Softer Eurozone Inflation Contrasts with Fed’s Higher-for-longer Bias

Written on July 3, 2026 at 6:00 am, by

EUR/USD dips as Eurozone inflation cools and ECB signals caution, while US labor data supports stronger dollar.

New Zealand consumer confidence rises in June, testing RBNZ cut expectations and lifting kiwi prospects

Written on July 3, 2026 at 5:31 am, by

New Zealand consumer confidence rose to 91.3 in June, pressuring RBNZ rate-cut expectations and supporting NZD.

China lets yuan rise against North Asian peers to curb chip import costs, blunting undervaluation claims

Written on July 3, 2026 at 5:30 am, by

China lets yuan rise, cutting semiconductor import costs; REER gains lag, undervaluation claims weaken, reversal risk.

BNY says stronger yuan curbs undervaluation claims as China boosts North Asia semiconductor imports

Written on July 3, 2026 at 5:00 am, by

BNY says yuan strength aids chip imports and counters undervaluation claims; reversal risk rises as domestic production ramps.

Mexican peso firms as weak US jobs data drags dollar; USMCA review uncertainty lingers

Written on July 3, 2026 at 4:31 am, by

Mexican peso gains as weak US payrolls sink dollar; USD/MXN 17.48 amid USMCA uncertainty, volatility.

Thailand’s Current Account Slips into Deficit, Leaving Baht Exposed to Oil and Fed Risks

Written on July 3, 2026 at 4:30 am, by

Thailand’s current account slipped into deficit as imports surged; oil and Fed risks pressure baht, boosting USD/THB.

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