Japan 10Y Yield Steadies Ahead of BOJ Decision
Japan 10Y Yield Steadies Ahead of BOJ Decision
Japan’s 10-year government bond yield steadied around 2.83% on Thursday as investors awaited the Bank of Japan’s upcoming policy announcement. The central bank is widely expected to leave interest rates unchanged, although policymakers may signal a potential rate hike in December amid persistent inflationary pressures. Investors are also monitoring key domestic economic releases, including unemployment, […]
by Currency Hedger
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- 3 days ago
Commodities
Palm Oil Slips to 2-Week Low as Bearish Factors Mount
Malaysian palm oil futures fell over 1.5% to near MYR 4,600 per tonne, extending recent losses and hitting their lowest since mid-October. A stronger ringgit weighed on sentiment, alongside weaker Dalian palm oils and Chicago soyoils. Meanwhile, crude oil prices retreated amid renewed Middle East diplomatic efforts, reducing palm oil’s appeal as a biodiesel feedstock. […]
by Currency Hedger
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- 3 days ago
UK budget reaction
Key takeaways UK Budget: market reaction as bank stocks surge Labour’s 3rd budget has been and gone, and the bond market’s verdict is a decent B+. The budget focussed on growth, rather than benefits, but unsurprisingly did not cut government spending, instead pushing that out to the government’s spending review that is due later this […]
by Currency Hedger
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- 3 days ago
BREAKING: Bank of Canada hikes for the first time in 3 years but signals caution on further moves
Key takeaways The Bank of Canada raised its overnight rate by 25 bp to 2.50% on Wednesday, its first hike in more than three years. The decision matched market expectations and the Bloomberg consensus. The bank said it acted to stop high energy prices from spreading to the prices of other goods and services. It […]
by Currency Hedger
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- 3 days ago
UK Budget check list
Key takeaways UK Budget: what to watch and the market reaction Budget day has finally arrived, and the chancellor is expected to deliver his speech to parliament and the nation at 1230PM. Below is a checklist of what to expect: 1, Cost of living One of the main pillars in today’s Budget is energy bills […]
by Currency Hedger
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- 3 days ago
ING, Institutional
Euro: Lending slowdown threatens key support against US Dollar – ING
Chris Turner at ING highlights that EUR/USD is trading at its lows of the year, pressured by broad Dollar strength, high energy prices and uncertainty around the French budget. While Eurozone activity and upcoming 3Q26 GDP data look relatively resilient, tighter lending conditions and weaker corporate loan demand raise downside risks for EUR/USD technical support […]
by Currency Hedger
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- 3 days ago
BoC expected to raise interest rates to 2.50%
The Bank of Canada (BoC) is expected to raise its benchmark interest rate by 25 basis points to 2.50% on Wednesday, as persistent inflation concerns put pressure on policymakers to tighten monetary policy despite growing signs of economic weakness. According to a Reuters poll, 19 of 34 economists anticipate a rate hike, which would mark […]
by Currency Hedger
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- 3 days ago
Institutional, UOB
Swiss Franc: Further weakness seen against US Dollar – UOB
UOB’s Quek Ser Leang highlights that USD/CHF extended gains to 0.8294 despite overbought conditions, with intraday scope for further upside though a move to the major 0.8320 resistance is seen unlikely. On a 1–3 week horizon, he now expects the pair to test 0.8320 after a close at 0.8290, but judges the odds of a […]
by Currency Hedger
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- 3 days ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Moves above 1.4050 to target moving averages
USD/CAD gains ground for the third consecutive day, trading around 1.4060 during European hours on Wednesday. The Bank of Canada (BoC) is expected to deliver a 25-basis-point interest rate hike later in the day. The technical analysis of the daily chart shows that the pair price is remaining within the falling wedge pattern, indicating a […]
by Currency Hedger
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- 3 days ago
EUR, GBP, INR, JPY, Market Analysis, NZD, Technical Analysis
New Zealand Dollar Leads Currency Losses as Won and Rupee Weaken Against a Firmer US Dollar
Foreign-exchange markets are showing a mixed performance, with the New Zealand dollar recording the steepest decline among the currencies listed, falling 1.36%. The South Korean won followed with a loss of 0.86%, while the Indian rupee and British pound also traded lower. The Japanese yen and US Dollar Index posted modest gains, while the euro […]
by Currency Hedger
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- 3 days ago