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Malaysian Ringgit: Policy support tempers downside but caps upside – MUFG
Lloyd Chan at MUFG notes the Malaysian Ringgit outperformed, rising 0.4% versus the US Dollar (USD) after Bank Negara Malaysia (BNM) reintroduced a 2024-style FX support measure to encourage repatriation and conversion of offshore earnings.
Fxstreet
Fri, Jun 26
Fed’s Kashkari: “I have one rate hike penciled in for 2026”
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said during a panel discussion at the Aspen Ideas Festival 2026 in Aspen, Colorado, that he remains concerned about inflation in the service sector, while also noting some signs of improvement in the labor market.
US Dollar Index
Fxstreet
Fri, Jun 26
US President Trump: Iran broke the ceasefire with Hormuz drone strike
Recently, the US President Donald Trump posted on his Truth Social network that Iran violated the ceasefire, after launching drones at ships in the Strait of Hormuz, with one of them hitting the upper deck of a large cargo-carrying ship.
US Dollar Index
Fxstreet
Fri, Jun 26
China: Spending set to rebound – Standard Chartered
Standard Chartered economists Hunter Chan and Shuang Ding note that China’s fiscal spending has underperformed so far in 2026, weighing on growth despite stronger-than-expected Q1 data.
Fxstreet
Fri, Jun 26
Australia: Labour market rebound masks emerging slack – UOB
UOB’s Lee Sue Ann highlights that Australia’s unemployment rate dipped to 4.4% in May with a 40.3k employment gain, mainly in part-time jobs, and participation rising to 66.7%.
AUD/USD
Fxstreet
Fri, Jun 26
Japan: Food and services signal steady inflation – Societe Generale
Societe Generale economists Reo Sakida and Jin Kenzaki analyze June Tokyo Consumer Price Index (CPI), noting that overall inflation dynamics in Japan changed little from May despite a modest upside surprise in headline and core readings.
Fxstreet
Fri, Jun 26
South Korea: Retail support and FX divergence – BNY
BNY’s Geoff Yu highlights that South Korean equities have delivered exceptional returns in 2026 while institutional investors remain net sellers, particularly from the Americas.
Fxstreet
Fri, Jun 26
ECB: Another hike before eventual cuts – Commerzbank
Commerzbank strategists note that despite lower Oil and gas prices, European Central Bank (ECB) officials still signal at least one more rate increase, which the bank forecasts for September.
Fxstreet
Fri, Jun 26
Brent: Oversold rebound risk for crude – TD Securities
Bart Melek at TD Securities argues that Strait of Hormuz disruptions have driven Oil inventories to historically low levels, leaving Brent oversold and vulnerable to a sharp short-covering rebound.
Brent
Fxstreet
Fri, Jun 26
Malaysia: AI boom offsets energy shock risks – HSBC
HSBC strategists describe Malaysia as relatively resilient to elevated Oil prices thanks to its status as a net energy exporter and beneficiary of the AI (Artificial intelligence) hardware cycle.
Brent
Fxstreet
Fri, Jun 26
Indonesian Rupiah : IDR recovery versus bond outflows – BNY
Geoff Yu at BNY identifies Indonesia as one of the clearest cross-asset signals in Emerging Markets (EM) APAC (Asia-Pacific).
Fxstreet
Fri, Jun 26
United States UoM 1-year Consumer Inflation Expectations meets forecasts (4.6%) in June
United States UoM 1-year Consumer Inflation Expectations meets forecasts (4.6%) in June
Fxstreet
Fri, Jun 26
United States Michigan Consumer Expectations Index registered at 50.7 above expectations (49.3) in June
United States Michigan Consumer Expectations Index registered at 50.7 above expectations (49.3) in June
Fxstreet
Fri, Jun 26
United States Michigan Consumer Sentiment Index came in at 49.5, below expectations (50) in June
United States Michigan Consumer Sentiment Index came in at 49.5, below expectations (50) in June
Fxstreet
Fri, Jun 26
United States UoM 5-year Consumer Inflation Expectation below expectations (3.4%) in June: Actual (3.3%)
United States UoM 5-year Consumer Inflation Expectation below expectations (3.4%) in June: Actual (3.3%)
Fxstreet
Fri, Jun 26
Fed: Rate hikes seen unlikely – Commerzbank
Commerzbank’s Bernd Weidensteiner argues that despite market expectations for further Fed tightening, falling Oil and gasoline prices should lower U.S. inflation and ease pressure for hikes.
Fxstreet
Fri, Jun 26
Czech Koruna: Hawkish CNB supports koruna against Dollar pressure – ING
EMEA FX Strategist Frantisek Taborsky at ING says the Czech National Bank’s (CNB) June minutes confirm it as the most hawkish central bank in the region after its 25bp hike to 3.75%. Markets price another hike as core inflation risks persist.
USD/CZK
EUR/CZK
Fxstreet
Fri, Jun 26
Singapore: Broad-based strength with cautious MAS – HSBC
HSBC strategists highlight Singapore’s strong 1Q26 Gross Domestic Product (GDP) growth, driven by robust electronics exports, construction and services, making it one of ASEAN’s fastest-growing economies. Despite the energy shock, inflation remains contained for now.
Fxstreet
Fri, Jun 26
United States Wholesale Inventories above forecasts (0.2%) in May: Actual (0.3%)
United States Wholesale Inventories above forecasts (0.2%) in May: Actual (0.3%)
Fxstreet
Fri, Jun 26
United States Goods Trade Balance came in at $-105.8B below forecasts ($-85B) in May
United States Goods Trade Balance came in at $-105.8B below forecasts ($-85B) in May
Fxstreet
Fri, Jun 26
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