Institutional
BNY, Institutional
Japanese Yen: Structural support from regional flows – BNY
BNY’s Geoff Yu notes that Japanese Yen (JPY) strength is reshaping APAC (Asia-Pacific) FX dynamics by easing prior effective exchange rate pressures and allowing more nominal appreciation in regional currencies. The report stays structurally constructive on JPY as long as current-account support holds, but cautions that a renewed Oil shock would reverse gains and force […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
ECB Expected to Hike Again as Inflation Stays Elevated
The European Central Bank is expected to raise its key interest rates by 25 basis points on Thursday, marking the second hike since the US-Iran war began, while signaling caution over further increases that could weigh on economic activity. The main refinancing rate is expected to rise to 2.65%, and the deposit rate to 2.5%. […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
US Producer Inflation Expected to Accelerate
US producer prices are expected to rise 0.4% month-over-month in August 2026, marking the strongest increase in three months after remaining unchanged in July, signalling a renewed acceleration in producer-level inflation. Core producer prices, which exclude the more volatile food and energy components, are forecast to rise 0.3% mom, accelerating from the 0.2% increase recorded […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional, JPY, Technical Analysis
Chart of The Day – USD/JPY under the influence of Bessent and the BoJ
The yen has recently been one of the strongest currencies in the world, and this market has a new player who openly says he is playing with “loaded” cards. US Treasury Secretary Scott Bessent, during a speech at a Texas university, challenged traders by saying “I am the house now”. This means that such a […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
Economic Calendar – ECB decision and hawkish Bank of Japan in focus
Today’s session on the financial markets will be dominated by the European Central Bank’s interest rate decision (14:15) and the subsequent press conference (14:45). Consensus assumes a 25 basis point hike in the main refinancing rate to 2.65%, and the deposit rate to 2.5%. Another key point of the day will be afternoon US publications […]
by Currency Hedger
- 0 Comments
- 2 months ago
Energies, Institutional
European TTF gas futures hit highest level since 2022 as inventories remain low ahead of winter
European gas prices are rising, with the front-month TTF contract climbing above €79/MWh on Wednesday morning to its highest level since December 2022. The US–Iran war is restricting LNG availability as Europe prepares for winter with unusually low inventories. At the same time, high near-term delivery prices are making storage less profitable and hampering efforts […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
Treasury triples bond buybacks, but yields keep rising, TNOTE at its highest since November 2023
The U.S. Treasury has tripled the size of its next long-term bond buyback to $6 billion, as Treasury Secretary Scott Bessent seeks to curb rising borrowing costs. The U.S. 10-year Treasury futures contract has fallen to levels not seen since November 2023, with the RSI close to oversold territory. The downtrend has continued virtually uninterrupted […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional, Metals
Copper Holds Near Record Highs
Copper futures traded around $6.76 per pound on Thursday, staying close to record highs as ongoing supply concerns and tariff uncertainty continued to support prices. Markets were awaiting the Trump administration’s decision on imposing new tariffs on refined metal imports, while the persistent premium for copper futures on New York’s Comex continued to create arbitrage […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
BoJ Eyes Further Rate Hikes Amid Persistent Cost Pressures
Bank of Japan board member Kazuyuki Masu said the central bank will continue raising its policy rate and adjust monetary accommodation as underlying inflation nears 2%. Speaking in Fukui on Thursday, he noted the pace of hikes will hinge on progress toward the July baseline scenario and risks from crude oil, AI-driven demand and FX […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional, MUFG
Japanese Yen: Supported by policy shift expectations – MUFG
MUFG’s Lee Hardman notes that the Japanese Yen (JPY) has strengthened, driving USD/JPY back towards 153.00, as comments from US Treasury Secretary Scott Bessent reinforce expectations of policy changes in Japan. The bank highlights growing market conviction that the Bank of Japan will accelerate rate hikes this month, helping the Yen rebound without further joint […]
by Currency Hedger
- 0 Comments
- 2 months ago