Market news
Crypto, stocks, forex and macro, aggregated for traders.
USD/JPY range-bound near 163.90 ahead of Fed, BoJ decisions
The yen traded in a narrow range as markets await policy decisions from the Federal Reserve and Bank of Japan, with both expected to hold rates but strike a hawkish tone.
Bank of Japan to Hold Rates, Yen Unlikely to See Boost
The Bank of Japan is expected to keep its policy rate unchanged at its July meeting after last month’s 25bp hike. Analysts doubt a modest hawkish shift would strengthen the yen or move USD/JPY.
Bank Indonesia Governor’s Surprise Resignation Adds to Rupiah Pressure
The unexpected exit of Bank Indonesia Governor Perry Warjiyo, following other senior departures, is fuelling doubts about policy continuity and institutional credibility, Commerzbank’s Moses Lim says. The Indonesian rupiah is already trading near historic lows against the US dollar.
Dollar Faces Asymmetric Risks on Fed Hike Odds, DBS Notes
The US dollar is trading on diverging themes against developed market and Asia ex-Japan currencies, with Fed rate expectations in focus. Futures imply a 38% probability of a surprise rate hike at the upcoming FOMC meeting, according to DBS Group Research.
Silver Drops 1.49% to $57.53 per Ounce on Tuesday
Silver prices fell on Tuesday, with XAG/USD sliding 1.49% to $57.53 per troy ounce from the previous level of $58.40.
Risk-Off Mood and RBA Tone Drag Australian Dollar Lower
The Australian dollar slid to the bottom of the G10 leaderboard overnight, reversing its recent top performance, as risk aversion and a dovish Reserve Bank of Australia stance weighed on the currency.
SNB Rate to Stay at 0% Until End-2027, ING Says
ING's Chris Turner notes a Bloomberg report that the Swiss National Bank may keep its policy rate unchanged at 0.00% until the end of 2027, supporting the franc's role as a funding currency.
Political Fragmentation Clouds Polish Zloty Outlook – Commerzbank
A split in Poland's Law and Justice party, with former PM Mateusz Morawiecki's new faction polling above the electoral threshold, raises political uncertainty and could pressure the zloty, according to Commerzbank.
US Dollar Strengthens Into FOMC on Hawkish Expectations
The US dollar erased this week’s earlier losses and is trading near its year-to-date highs as markets brace for a hawkish FOMC outcome, according to MUFG’s Lee Hardman.
Gold rises as lower oil prices ease inflation fears, ING says
Gold prices advanced on Monday, supported by falling oil prices that eased inflation concerns and weighed on the U.S. dollar and Treasury yields, according to ING analysts Warren Patterson and Ewa Manthey.
Indonesian Rupiah Slips as Bank Indonesia Governor Resigns Unexpectedly
The Indonesian rupiah depreciated for a second consecutive day after Bank Indonesia Governor Perry Warjiyo unexpectedly stepped down. USD/IDR rose to around 18,130 in early European trade.
UOB Sees MAS’s July 2026 Policy as Calibrated Tightening, Flags Energy Risks
UOB strategists interpret the Monetary Authority of Singapore’s July 2026 monetary policy statement as a modest tightening, raising the SGD NEER slope to an estimated 1.25% per annum, while warning that energy risks could prompt further action.
Exclusive: EBC claims of stealing against former UK Director grow to $3.5 million
EBC Financial Group's UK arm has booked additional write-offs tied to alleged fund misappropriation, bringing total claims to about $3.5 million. The broker says no client funds were affected.
Euro Holds Near Three-Week High Against Pound Despite Risk-Off Mood
EUR/GBP traded sideways in the mid-0.8550s on Tuesday, consolidating just below its highest level in three weeks even as a risk-off tone prevailed.
CEE fuel inflation risks persist despite oil price dip
Fuel inflation in Central and Eastern Europe could reaccelerate as annual comparisons become less favorable, even with recent oil price moderation.
EUR/USD slumps to monthly low ahead of Fed decision
The euro dropped to around 1.1362, its weakest level this month, as the dollar strengthened on caution before the Federal Reserve's policy announcement.
Indian Rupee Strengthens as Oil Slump Drags USD/INR Below 95.65
The Indian rupee extended gains for a third session, with USD/INR slipping towards 95.65, pressured by falling oil prices.
S&P 500 Delivers Strongest Earnings Surge Since 2021: How ActivTrades Helps Traders Capitalize on the Trend
With 86% of S&P 500 companies beating earnings estimates and blended growth at 37.9%, ActivTrades outlines how traders can use CFDs and risk management tools during the busy tech-heavy reporting week.
AUD/USD slides toward 0.6970 as 38.2% Fibo hurdle holds firm
The pair weakened during Asia trade after failing to breach the 0.7000 mark and 38.2% Fibonacci resistance.
EUR/JPY Holds Above Key Moving Averages, Bullish Bias Intact
EUR/JPY trades around 186.20 on Tuesday, staying above its nine- and 50-period EMAs, which suggests a bullish near-term bias.
NZD/USD slips for second day, holds above mid-0.5700s as USD stays firm before Fed
The New Zealand dollar edges lower for a second consecutive session, hovering above the mid-0.5700s, as the US dollar remains bid ahead of the FOMC meeting.
Euro Vulnerable Below 1.1400, Eyes 1.1300 as Dollar Gains
The euro faces downside pressure towards 1.1300 while the Dollar Index rallies on lower crude prices, dragging EURINR lower.
US Dollar Index Subdued Near 101.50 on Fed Uncertainty
The US Dollar Index (DXY) edged lower to around 101.50 in Asian trading, snapping a three-day winning streak as markets reassess the Fed's policy path.
Gold Slips Below $4,050 as Dollar Strengthens on Geopolitics, FOMC Ahead
Gold (XAU/USD) fell below the $4,050 level in Asian trading after failing to hold above $4,100, pressured by a stronger US dollar supported by geopolitical tensions and hawkish FOMC expectations.