Today’s session is marked by numerous speeches from central bank representatives (RBA, ECB, Fed, and Bundesbank), which may trigger elevated volatility in foreign exchange markets. In the spotlight were comments from RBA Governor Bullock, who highlighted inflation risks stemming from the Middle East and demand pressure driven in part by the artificial intelligence sector. In […]
UK public sector net borrowing (excluding public sector banks) was £-18.3 billion in August 2026, higher than the £-15.4 billion in the same month last year and market expectations of £-15.7 billion. This marked the second highest August on record (not adjusted for inflation), behind that of 2020, and £3.5 billion above the OBR forecast.
Consumer confidence in the Netherlands slightly improved to -33 in September 2026 from -34 in August, marking the least pessimistic reading since March but remaining well below its long-term average of -12 over the past 20 years. The improvement was driven by greater willingness to buy, which rose to -17 from -19 as consumers became […]
The Indonesian rupiah edged higher to near IDR 17,850 per U.S. dollar on Tuesday, snapping an eight-session losing streak after Bank Indonesia pledged intervention to ensure orderly trading. Officials said tools would include offshore and domestic NDFs, spot FX transactions, and secondary-market bond purchases. The central bank began its two-day policy meeting today, with local […]
Finland’s unemployment rate declined to 9.1% in August 2026 from 9.3% in the same month last year, marking the lowest level since September 2025. The number of unemployed decreased by 5,000 from a year earlier to 262,000, comprising 140,000 men and 122,000 women. By gender, the male unemployment rate remained at 9.2%, while the female […]
Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay […]
Reserve Bank of Australia (RBA) Governor Michele Bullock said in a statement released during the Asian trading session on Tuesday that supply shocks are difficult for monetary policy to deal with. Bullock added, “Policy needs to deal with second-round effects on inflation.” Additional remarks AI boom is adding to excess demand in Australian economy. Current […]
The AUD/USD pair gains ground to near 0.7120 during the early European trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) following Reserve Bank of Australia (RBA) Governor Michele Bullock’s speech. Traders brace for the Fedspeak later on Tuesday for fresh impetus. RBA Governor Michele Bullock said on Tuesday that […]
USD/CHF loses ground for the fourth consecutive day, trading around 0.8200 during Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) declines on increased risk-on sentiment due to trade and diplomatic prospects: traders are closely monitoring an upcoming US-China summit for signs of improving relations between the world’s two largest economies. Additionally, […]
The AUD/JPY cross attracts fresh buyers following a modest Asian session dip to the 111.80 area on Tuesday and turns positive for the seventh consecutive day. Spot prices, however, remain below last week’s swing high and currently trade around the 112.15-112.20 region, up nearly 0.15% for the day. The Japanese Yen (JPY) continues with its […]