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Malaysia: Balanced macro profile supports Ringgit – MUFG
MUFG notes Malaysia remains one of Asia’s stronger-performing economies, with above-trend growth, low inflation and robust external demand, especially in electronics.
British Pound surges on BoE hawkish hold, Yen intervention crushes USD
The Pound Sterling registers gains versus the US Dollar after the Bank of England decided to hold rates unchanged, in a 6-3 vote, while suspected intervention to propel the Japanese Yen weakened the Greenback against most G8 currencies. The GBP/USD trades at 1.3430, up 0.40%.
Euro rises as Eurozone growth outpaces forecasts
EUR/USD trades higher near the 1.1460 area on Thursday as stronger-than-expected European economic data and softer United States (US) growth figures place pressure on the US Dollar (USD).
United States 4-Week Bill Auction fell from previous 3.73% to 3.63%
United States 4-Week Bill Auction fell from previous 3.73% to 3.63%
Australian Dollar tumbles against Japanese Yen on suspected intervention
AUD/JPY tumbles on Thursday as a sudden surge in the Japanese Yen (JPY) sweeps across Yen crosses, fuelling speculation that Japanese authorities intervened to support the currency after USD/JPY hit a 40-year high earlier this month.
Bank of England: Tighter conditions support September hold – TD Securities
TD Securities strategists highlight that the Bank of England (BoE) kept Bank Rate at 3.75% with a 6-3 split, signalling slightly more hawkish rhetoric but continued comfort with existing tightening.
Australian Dollar rallies despite softer CPI as US Dollar tumbles after Fed, weaker data
AUD/USD trades around 0.7010 on Thursday at the time of writing, up 0.82% on the day as broad-based US Dollar (USD) weakness outweighs the negative impact of softer Australian inflation.
China: Domestic weakness calls for measured fiscal support - Commerzbank
Volkmar Baur at Commerzbank assesses that China’s Gross Domestic Product (GDP) growth of 4.3% year-on-year in Q2 2026 fell short of the government’s 4.5–5% target, with real estate weakness and cautious fiscal policy weighing on demand.
British Pound plunges amid suspected Yen intervention
The GBP/JPY cross trades sharply lower near 213.20 on Thursday, losing around 2.4% as a sudden surge in the Japanese Yen (JPY) overwhelms the British Pound’s reaction to the Bank of England’s (BoE) monetary policy announcement.
United States EIA Natural Gas Storage Change came in at 28B below forecasts (35B) in July 24
United States EIA Natural Gas Storage Change came in at 28B below forecasts (35B) in July 24
Japanese Yen surges on suspected intervention, EUR/JPY tumbles 400 pips in minutes
EUR/JPY plunges on Thursday, down 2.54% on the day to trade around 182.60 at the time of writing, after a sudden surge in the Japanese Yen (JPY) triggered by what appears to be another intervention by Japanese authorities in the foreign exchange market.
Eurozone: Strategic push reshapes dependencies – Rabobank
RaboResearch economists Maartje Wijffelaars and Leander Kalff outline how the European Union is intensifying efforts to strengthen Eurozone industry and reduce external dependencies.
Euro climbs to six-week high as suspected Japanese intervention pressures Greenback
EUR/USD extends its gains on Thursday as the Greenback remains under pressure as traders digest a busy batch of US economic data after the Federal Reserve (Fed) left interest rates unchanged at 3.50%-3.75% on Wednesday.