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Thursday, 13 August 2026

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Economy

Australian Dollar steadies ahead of Australian employment data

AUD/USD trades near 0.7000 on Wednesday, recovering from an intraday pullback but remaining marginally lower on the day. The pair briefly fell toward 0.6985 before rebounding, while the US Dollar Index (DXY) slipped tow…

Japanese Yen: BoJ hints at faster hikes – BNY

BNY’s Geoff Yu notes that Bank of Japan (BoJ) officials are reported open to raising rates faster than economists expected as Japanese Yen (JPY) weakness lifts inflation risks. Policy is still seen unchanged on July 31 …

Aluminium: Tariff tweaks seen as long-term policy – ING

ING analysts discuss changes to US Section 232 aluminium tariffs aimed at incentivizing domestic smelting investment. Qualifying projects can import at 25% instead of 50%, but ING stresses this is a long-term industrial…

British Pound steadies as cooler UK CPI meets Oil shock

The Pound Sterling holds firm during the North American session as UK inflation data dipped, easing pressure on the Bank of England to tackle higher prices, while attacks between the US and Iran don’t seem to be ending …

Wetherspoon’s issues fourth profit warning in seven months

JD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming worse-than-expected sales, despite the World Cup, as it struggled with rising costs for food, workers, energy and property …

Euro: Drifting toward ECB test – ING

Chris Turner at ING notes EUR/USD has held up relatively well despite energy price gains and wider natural gas prices. Interest rate differentials and expectations of a stronger European Central Bank (ECB) response than…

Indonesian Rupiah weakens as BI holds rate at 5.75%

USD/IDR has recovered its daily losses, trading around 17,950 during the European hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles after the Bank Indonesia (BI) decided to hold its bench…

British Pound: Heavy trade as BoE seen adjusting – BBH

Brown Brothers Harriman’s Elias Haddad notes the British Pound (GBP) remains heavy versus the US Dollar (USD) and Euro (EUR) after a mixed United Kingdom (UK) June Consumer Price Index (CPI) report, with headline inflat…

US Dollar: Trade tariffs to reshape FX volatility – MUFG

Derek Halpenny at MUFG explains that US trade tariff uncertainty is set to re-emerge as Section 122 measures expire and are replaced by more targeted Section 301 actions. He expects widespread investigations and tariffs…