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Wednesday, 12 August 2026

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Indonesian Rupiah: BI may still need to tighten – MUFG

MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold. Governor Perry Warjiyo favors targete…

Asia FX: Oil shock seen manageable – BNY

BNY’s Geoff Yu argues that Oil near $95 is a shock for Asian energy importers but not a trigger for a broad balance-of-payments crisis. He highlights stronger current-account buffers in ASEAN and India, prior fiscal con…

Australian Dollar trades under pressure amid strong US data

AUD/USD trades lower near the 0.6970 area on Thursday, giving back earlier gains as the US Dollar (USD) strengthens on the back of upbeat United States (US) labor market data and continued hostilities between the US and…

AUD/USD Price Forecast: Bulls struggle below the 50-day SMA

AUD/USD edges lower on Thursday as a stronger US Dollar (USD) outweighs support from stronger-than-expected Australian employment data. At the time of writing, the pair trades around 0.6966, down 0.45% on the day.

Cassidy signals support for Trump US CDC nominee Schwartz

C-SPAN.org offers links to books featured on the C-SPAN networks to make it simpler for viewers to purchase them. C-SPAN has agreements with retailers that share a small percentage of your purchase price with our networ…

Japanese Yen falls near multi-decade low

USD/JPY trades above163.90 on Thursday as the US Dollar (USD) strengthens following significantly better-than-expected United States (US) labor market data.

United Kingdom: Risks for Sterling – ING

ING’s economists describe United Kingdom (UK) public finances as strained by rising spending pressures and high debt interest, despite ongoing fiscal consolidation via frozen tax thresholds and falling gilt issuance. Th…

Gold tumbles as sellers target $4,000

Gold price (XAU/USD) loses nearly 2% on Thursday as the US Dollar stages a comeback amid growing speculation that the White House may continue its campaign against Iran, which seems poised to prolong the Gulf war. The X…

Lagarde speech: Energy shock could intensify further

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.

Mexican Peso: Slightly stronger MXN outlook – Commerzbank

Commerzbank strategist Michael Pfister argues that Banxico’s recent rate cuts were broadly justified by moderating inflation and Mexico’s weakening economy, leaving little reason for the central bank to tighten policy d…

British Pound slides as Gulf war risk fuels US Dollar rally

The Pound Sterling drops by over 0.40% against the Greenback as risk aversion weighs on most G8 currencies amid the escalation of the Middle East conflict and growing speculation of an extended US campaign against Iran.…