Author: FX

EUR/JPY’s recent pullback is nearing key support, raising the question of whether buyers step in or sellers extend the move. Source link

BNY’s Geoff Yu notes that despite a bear market in the Hong Kong China Enterprises Index and 15–16% declines in Chinese equities this year, institutional investors continue to add exposure. Holdings remain elevated versus longer history, and Yu argues that cheaper valuations, resilient exports and potential policy support underpin a buy-the-dip mentality in major China benchmarks and ETFs.Institutional investors keep adding China”Despite this weakness, our data shows institutional investors continue to buy Chinese equities, with inflows outperforming the rest of Asia (Exhibit 2) where sentiment has been weighed down by outflows from South Korea and Taiwan. However, Chinese equities have…

Both gold and silver continue to cool off, falling to new 2026 lows and their weakest levels since the fourth quarter of 2025.Why Gold and Silver Have Fallen to New LowsHigher U.S. Treasury yields: Rising bond yields increase the opportunity cost of holding non-yielding assets like gold and silver, encouraging investors to move money into fixed income. Stronger U.S. dollar: The more hawkish Federal Reserve has boosted the dollar, making precious metals more expensive for foreign buyers and reducing demand. Reduced safe-haven buying: Geopolitical concerns have eased somewhat, while stock markets have remained resilient, leading investors to trim defensive positions…

EUR/USD extends its decline on Wednesday and trades around 1.1340 at the time of writing, down 0.39% on the day, as the US Dollar (USD) benefits from renewed support driven by expectations of additional monetary tightening in the United States (US). The move follows last week’s Federal Reserve (Fed) meeting, which signaled a more hawkish stance from policymakers amid persistent inflationary pressures.The US Dollar remains supported by a repricing of interest rate expectations. The Fed’s projections released last week showed that a growing number of policymakers now see the need for higher rates before year-end. According to the CME FedWatch…

Medium-term inflation pressures are unchangedReady to intervene in the FX market if necessaryFull report hereSNB policymaker Petra Tschudin published a report on global economic developments and monetary policy in Switzerland. She noted that the inflation outlook remains broadly under control despite recent energy-driven price pressures. Tschudin said medium-term inflation pressures are unchanged, reinforcing the SNB’s view that the recent pickup in inflation is largely a short-term phenomenon rather than the start of a sustained inflation problem.As a reminder, the SNB left the policy rate unchanged at 0.00% while slightly raising their near-term inflation forecasts following higher global energy prices. The…

Societe Generale’s technical analysts observe EUR/GBP has formed a lower peak around 0.8690 below its 200‑day moving average and is pulling back towards the neckline of a Head and Shoulders pattern. The formation points to potential downside, with resistance at 0.8690/0.8700 and projected downside objectives at 0.8565 and 0.8535/0.8520 if the rebound fails.Pattern targets lower projections”EUR/GBP formed a lower peak around 0.8690 (below its 200-DMA) and has pulled back towards the neckline of the Head and Shoulders pattern.””The formation points towards potential downside.””If a brief rebound develops, recent pivot high of 0.8690/0.8700 may serve as an important hurdle.””An inability to…

Some Bank of Japan members call for faster rate hikes, summary shows Source link

AUD/CAD tests the .9750 support after cooler Aussie CPI, but softer oil prices may limit Loonie pressure and slow the breakdown. Source link

easyMarkets, the global CFD broker with more than 25 years of experience, has expanded its product offering with a range of new financial instruments, now available to clients on its proprietary trading platform.The new additions, broaden access to regional and global markets through a single trading environment. They include instruments linked to one of the world’s most closely watched private companies, leading listed businesses across Saudi Arabia, the UAE and Qatar, as well as new additions across indices and commodities.The launch reflects growing trader interest in accessing a wider range of global markets without changing the trading environment or risk…

With the FOMC leaning more hawkish in its latest statement, will the Fed’s preferred inflation metric further stoke tightening expectations? Here’s what to look out for. Source link