Inflation

7 July 2026
USD/CAD pushes to 1.4210 as Hormuz tensions buoy dollar, while softer Fed outlook caps gains

USD/CAD near 1.4210 on Hormuz jitters; Fed hike odds fade; oil steadies; loonie seen rebounding soon.

7 July 2026
Panetta Warns Hormuz Supply Risks Could Keep Eurozone Inflation Elevated, Limiting ECB Easing

Panetta warns Hormuz uncertainty keeps Eurozone inflation risks elevated, limiting ECB easing as supply shocks threaten growth.

7 July 2026
Sterling climbs as UK inflation steadies, GBP/USD targets 1.3410 with 1.3445 in view

GBP/USD rose to 1.3391, targeting 1.3410; UK inflation supports strength, with 1.3300 key support.

7 July 2026
Commerzbank Sees July RBNZ Rate Rise, with Kiwi Support Hinged on Forward Guidance

Commerzbank expects RBNZ July hike; NZD may bounce, but excessive future hikes pricing risks medium-term weakness.

7 July 2026
Sterling eases as dollar firms; GBP/USD holds above 20-day EMA ahead of Fed minutes

Sterling dips near 1.3380 as dollar firms; GBP supported by UK stability, inflation; resistance 1.3526.

7 July 2026
Indonesia FX reserves edge up to $145.6bn as liquidity buffer strengthens, easing policy pressure

Indonesia’s FX reserves rose to $145.6bn in June, supporting rupiah stability, easing hikes, boosting assets.

7 July 2026
Australian dollar slips on softer jobs and inflation gauges as RBA hawkishness stokes AUD/USD volatility

Australian dollar slips near 0.6950 as job ads and inflation cool; RBA hawkish; China, iron ore weigh.

7 July 2026
Japan wage growth miss clouds BoJ hike outlook, keeping yen under pressure amid USD/JPY climb

May wage growth missed forecasts, bolstering dovish BoJ expectations, pressuring yen, favoring USD/JPY calls, supporting Nikkei.

7 July 2026
Sterling hits 18-year high versus yen as BoE-BoJ policy divergence underpins carry trade

Sterling hit an 18-year high versus yen, driven by BoE-BoJ divergence; resistance near 218–220, consolidation possible.

7 July 2026
GBP/USD rises for eighth day as softer US data dents Dollar, eyes 200-day EMA near 1.3400

GBP/USD extends winning streak toward key moving averages; rally appears dollar-driven amid Fed, BoE, event risks.

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