Forex

UBS raises USD/CAD target on widening rate gap outlook
Swiss bank adjusts currency pair forecast as U.S.-Canada policy divergence reshapes exchange rate expectations.

JPMorgan ends banking ties with Polymarket over regulatory concerns
JPMorgan severed ties with Polymarket in October 2025 citing compliance risks, though it may underwrite a future public listing.

EUR/USD nears multi-month lows, traders eye valuation
Analysts suggest the euro’s recent decline against the dollar may present a buying opportunity, citing stretched oversold conditions and potential mean reversion.

Imdex posts record FY26 earnings, shares fall on outlook
Australian mining technology firm Imdex reported a record fiscal 2026 profit but warned of softer demand, sending shares down 2.6% in early trade.

Oil steady as Iran nuclear talks stall, Hormuz traffic slows
Brent crude holds near $82 per barrel as diplomatic delays and reduced shipping through the Strait of Hormuz curb market momentum.

Yen strengthens as traders delay Fed rate hike expectations
Japanese currency rises after market reassessment of U.S. Federal Reserve policy timeline reduces near-term interest rate hike odds.

SEC postpones crypto rule meeting as Senate recess halts CLARITY Act progress
U.S. securities regulator cancels discussion on crypto offering rules amid stalled Senate progress on the CLARITY Act, delaying potential regulatory clarity.

European debt markets weigh disinflation, Gulf energy risks
Debt desks assess easing price pressures and Middle East supply threats as eurozone borrowing costs remain sensitive to energy and inflation shifts.

Saudi Arabia seeks defensive pacts to avert regional conflict
Riyadh prioritizes security alliances amid rising regional tensions and oil supply risks. Regional military cooperation gains urgency as geopolitical risks escalate.

Social media firms warn on Australia’s under-16 ban data plan
Tech giants urge caution over proposals to collect age verification data for under-16 users, citing privacy and compliance risks.

Oil prices set for 4% weekly gain as U.S.-Iran tensions persist
Brent crude advances toward $85 a barrel amid stalled nuclear talks and Middle East supply risks. U.S. inventory data and geopolitical risks underpin gains.

EUR/USD nears 1.1560 resistance after ECB-Fed policy divergence
Euro gains ground as ECB signals cautious rate path while Fed signals potential cuts. Traders eye 1.1560 level as key technical barrier.

USD/JPY steadies as US data softens, BOJ hike bets firm
The dollar-yen pair holds gains despite weaker-than-expected U.S. economic indicators, as market pricing of an imminent Bank of Japan rate hike remains intact.

Geopolitical tensions in Strait of Hormuz could push oil to $120
Escalation risks in the Strait of Hormuz threaten supply routes, with analysts warning Brent crude could surge to three-digit levels amid persistent instability.

Yen’s weekly decline heightens intervention risks for traders
The yen fell over 1% this week, reviving market speculation over potential currency intervention by Japanese authorities to curb further depreciation.

Asia FX firms as softer U.S. PPI tempers Fed rate hike bets
Dollar slips after producer price data misses forecasts, lifting regional currencies as traders pare expectations for aggressive Federal Reserve tightening.

Yen remains trapped in weak zone as traders await BOJ signals
Japanese currency holds near 34-year lows as intervention risks rise, while investors weigh policy divergence with U.S. Federal Reserve.

Neutrl halts NUSD redemptions amid reserve disclosure concerns
Stablecoin issuer Neutrl pauses token redemptions after an undisclosed reserve issue surfaced. BA Labs had flagged counterparty and liquidity risks in prior assessments.

JPMorgan cuts Polymarket off over regulatory concerns
Bank terminates access to prediction market platform amid scrutiny over U.S. regulatory crackdown on unregistered exchanges.

US Treasury’s Bessent warns of ‘unprecedented’ measures on Iran
Undersecretary Brian Nelson outlines new sanctions and financial restrictions targeting Tehran’s revenue streams and regional allies.

Apple develops in-house AI model for China with Alibaba’s help
Tech giant partners with Alibaba to train a proprietary AI model tailored for the Chinese market, Reuters reports.

Apple developing AI model for China with Alibaba backing
Tech giant builds proprietary AI system tailored to Chinese market, leveraging Alibaba's cloud and data resources. Development underscores Apple's push to localize services amid regulatory constraints.

Pony.ai, Uber to deploy 2,000 robotaxis in Europe by 2026
Autonomous vehicle partnership aims to scale robotaxi services across key European markets starting next year. Regulatory approvals and infrastructure remain key hurdles.

Yen posts weekly loss, traders bet on further intervention
Japanese currency slides to three-week low as speculation grows over additional government or central bank action to curb depreciation.

