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Taiwan Dollar Weakness Tempered by CBC Guidance on USD Sell Orders
Taiwan's central bank has directed banks to execute large USD sell orders immediately, helping to moderate the TWD's recent losses against the US dollar, according to OCBCOCBC's Christopher Wong.
Societe Generale: Korean Won outperforms in Asia on flows and BoK
Societe Generale strategists note the Korean Won has become Asia's best performer in early H2, rallying nearly 2.8% as USD/KRW drops from around 1,550.
Chinese Yuan Forecast Band Tightened as Stability Holds – ING
ING's Chief Economist Lynn Song notes that the CNY has been one of the strongest performers in 2026, even against a firm US Dollar, as the forecast band tightens.
Swiss Franc Gains on Fed Policy Divisions and US-Iran Tensions
USD/CHF extends its decline for a second consecutive day, trading around 0.8065, pressured by a weaker US dollar amid Fed policy divisions and rising US-Iran tensions.
Euro Gains on Hawkish ECB Repricing, Yields Support – Scotiabank
The Euro edged higher against the US Dollar, supported by a repricing of ECB policy expectations toward a more hawkish stance and recovering yield differentials, according to Scotiabank strategists.
New Zealand Dollar Jumps to Three-Week High After Hawkish RBNZ Rate Hike
NZD/USD rallied 1% on Thursday, extending its second consecutive day of gains after the Reserve Bank of New Zealand delivered a hawkish rate hike. A softer US dollar also supported the pair.
Japanese Yen Rises as US Jobless Claims Fail to Support US Dollar
USD/JPY traded lower near 162.30 on Thursday as the Japanese Yen recovered ground, while the US Dollar failed to gain support from stronger-than-expected US labor market data.
US Dollar Index Falls as Middle East Calm Cools Inflation Fears
The US Dollar Index (DXY) dipped 0.14% to 100.93 as easing Middle East tensions lower oil prices and reduce hawkish Fed bets spurred by energy-driven inflation.
Commerzbank: BoK Likely to Hike 25bp to 2.75% on Inflation
Commerzbank strategist Charlie Lay argues that elevated South Korean inflation supports a 25 basis point rate hike by the Bank of Korea to 2.75%.
BNY: Tariff Pass-Through Sustains Inflation Pressure, Impacting USD and Fed
A BNY report citing the New York Fed's Liberty Street Economics analysis indicates that many US firms still plan tariff-related price increases, keeping inflation pressures persistent, which has implications for the US dollar and Federal Reserve policy.
AUD/USD Rises to 0.6940 as US Dollar Weakens Despite Geopolitical Tensions
The Australian Dollar edged higher against the US Dollar on Thursday, trading around 0.6940 with a 0.16% gain, supported by a softer greenback amid ongoing geopolitical concerns.
Canadian Dollar Steadies, Sentiment Improves on Reduced Risks – Scotiabank
The Canadian Dollar is flat on Thursday but modestly firmer against the US Dollar for the week, according to Scotiabank strategists. They note improving sentiment as risks fade.
GBP/USD Rises Near 1.3400 Despite Stronger US Jobless Claims, Hawkish FOMC
GBP/USD traded higher near the 1.3400 area on Thursday, as the US dollar failed to find support from stronger-than-expected jobless claims data and hawkish signals from the latest FOMC meeting.
DBS Warns of Upside Risk for SGD Rates as USD Holds Firm
DBS Group Research economist Eugene Leow warns that shorter-term Singapore Dollar (SGD) rates may face upside pressure despite recent flush liquidity, noting stretched spreads and decoupling from USD rates.
USD/CNH Seen Trading in 6.7950-6.8100 Range as Upward Momentum Fades – UOB
UOB's Quek Ser Leang notes that USD/CNH upward momentum has faded after a prior rise, with the pair expected to consolidate within a narrow 6.7950-6.8100 range in the near term.
EUR/USD Holds Gains Near 1.1444 on USD Weakness, Geopolitical Tensions
EUR/USD trades around 1.1444, up 0.25% on the day, supported by a softer US Dollar and ongoing geopolitical risks in the Middle East.
South Korean Won Gains on Flow-Driven Support – OCBC
The South Korean Won strengthens against the US dollar, with USD/KRW dropping below 1,500 on offshore fund repatriation and official sector flows, according to OCBC's Christopher Wong.
Canadian Dollar Stays Range-Bound as Oil Drop, Weaker USD Offset
USD/CAD trades around 1.4170 on Thursday, virtually unchanged, as weakness in the US Dollar offsets the negative impact of lower oil prices on the Canadian Dollar.
Fed Hawkish Minutes Keep Upside Rate Risks – ING
ING strategists note that the Federal Reserve's June minutes confirmed a more hawkish stance, keeping upside risks for interest rates despite unchanged policy.
Japanese Yen Edges Higher, USD/JPY Near 40-Year Lows
USD/JPY slipped on Thursday as the US dollar softened, with the pair trading near 162.45, close to multi-decade lows for the yen.
Dollar's Late Decline Puzzling Amid War-Driven Risk Aversion
The US dollar unexpectedly fell late Wednesday despite risk-off sentiment fueled by war uncertainty, with analysts noting a possible inverse correlation with surging oil prices.
Czech Koruna Weakens as CNB Policy Aligns with ECB, Says BNY Mellon
BNY Mellon strategist Geoff Yu notes that the Czech Koruna is declining against the Euro as the Czech National Bank's policy expectations converge with the European Central Bank's.
ECB Accounts Show Growing Concerns Over Upside Inflation Risks
The European Central Bank's latest meeting accounts reveal policymakers are increasingly worried about persistent upside risks to inflation, suggesting a more hawkish stance may lie ahead.
US Initial Jobless Claims Drop to 215K
The number of Americans filing new unemployment benefits fell to 215,000 last week, according to the latest data from the US Department of Labor.