Short-term gain, medium-term pain for AUD if RBA hikes, NAB says
NAB expects the RBA to hike 25bp to 4.60% and warns that while this may support AUD near-term, Australia could be among the first G10 central banks to cut.
Major and emerging currency pairs, central bank policy, interest rate expectations and cross-border capital flows.
NAB expects the RBA to hike 25bp to 4.60% and warns that while this may support AUD near-term, Australia could be among the first G10 central banks to cut.
USD/JPY trades in a 155-160 range as intervention concerns cap upside and Treasury yields provide support, per Credit Agricole.
Japan's top currency diplomat Mimura reaffirmed a strong currency alliance with the US, keeping intervention on the table as the yen strengthens.
IC's Jason Hughes says market access alone no longer sets brokers apart at Forex Expo Dubai 2026.
EUR/USD fell below the 1.14 support level after Trump rejected an Iranian proposal and strong US PMIs boosted the dollar. The euro remained weak amid ECB rate…
EUR/USD option expiries at 1.1350 and 1.1400 come due at the 10am New York cut on 28 September, led by a €4.5 billion block at 1.1400, with 10-year yields at…
The PBOC has eased resistance to yuan gains, though September fixings remain below market estimates. Reuters sees the next midpoint at 6.7085.
Forex rates at Monday open showed little change from Friday; NZ entered daylight saving time.
The dollar pulls back against most majors on profit-taking and lower oil prices, but technical bias still favors the greenback. Key levels identified for five…
USD/JPY slipped to 157.00 as officials from the US and Japan voiced concerns over yen weakness, with coordinated remarks and potential intervention in focus.
AUDUSD dipped under the 200-day MA for the first time in 11 months, reaching 0.7005, before rebounding above the average on dollar weakness.
The yen strengthened sharply, pushing USDJPY below 158.00, while oil prices fell 2.4% on Iran deal hopes. Stock futures rose and Treasury yields were mixed.
BofA's model signals yen and pound selling, euro buying at month-end. The bank's quantitative signals also point bearish for GBP and JPY.
The yen strengthened 0.6% to 157.95 after Katayama's warning, with traders seeing intervention risk as a ceiling on further weakness.
USD/JPY retreats towards 158.00 as Japan warns of yen weakness after Trump comments, testing the bullish breakout from yesterday.