Policy

7 July 2026
CFTC Data Shows Yen Net Shorts Deepen as Policy Divergence Keeps USD/JPY Bias Higher

CFTC data shows yen net shorts deepening to -155.1K, reinforcing bearish bias and USD/JPY upside options.

7 July 2026
BNY flags under-owned China assets as option markets price potential stimulus-driven rebound

Chinese equities and yuan remain under-owned; stabilising data or credible stimulus could trigger modest exposure rebuild.

7 July 2026
Rabobank tips 25bp RBNZ hike as NZ dollar struggles, with limited upside seen

Rabobank expects 25bp RBNZ hike to 2.5%, but NZD upside limited; disappointment risks downside amid softer inflation.

7 July 2026
Dow fades after 53,000 breach as tech rebounds and markets await Fed minutes

Dow hits 53,000 then fades as tech rebounds; weak jobs keep Fed-hold odds high; cheap volatility ahead.

7 July 2026
USD/CHF climbs as dollar demand persists amid Hormuz tensions and Swiss unemployment uptick

USD/CHF climbs as dollar strengthens on geopolitical risks, while Swiss unemployment rises and policy divergence supports upside.

7 July 2026
Schnabel Warns Eurozone Inflation Shock Persists, Backing Expectations for ECB Hawkishness

Schnabel warns war-driven inflation persists; ECB stays hawkish despite oil drop, risking second-round pressures and volatility.

7 July 2026
Waller Says Fed Guidance Must Stay Flexible as Inflation Risks Rise and Markets Brace for Volatility

Waller says forward guidance helps policy but risks rigidity; Fed prioritizes flexibility, boosting data-driven volatility.

7 July 2026
AUD/USD steadies near 0.6930 as softer Australian inflation counters mixed US services support

AUD/USD hovered near 0.6930 as softer Australian inflation weighed, while mixed US services data supported dollar.

7 July 2026
Latin America bond crowding unwinds on rising US yields as investors rotate into equities and carry

Crowded Latin American bond trades unwind as US yields rise; flows rotate to equities, supporting carry currencies.

7 July 2026
USD/CAD Extends Gains as Fed Tightening Bets and Trade Uncertainty Pressure Canadian Dollar

USD/CAD climbed near 1.4230 as strong USD, Fed hike bets and trade worries outweighed oil support.

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