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Thursday, 20 August 2026

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Economy

The heatwave workers 'like cats on a hot tin roof'

If you think it is hot where you work, try fitting aluminium solar panels to a steel roof. Or carrying scaffolding tubes up a ladder in 33C (91.4F). Or driving a bus with no air conditioning.

EUR/JPY Price Forecast: Tumbles below 100-day SMA, eyes on 183

The Euro retreated on Wednesday against the Japanese Yen, down 0.08% amid growing speculation that Japanese authorities may intervene in the foreign exchange markets and also inflation in the producer side in Japan, exc…

USD/CHF Price Forecast: Hits 11-month high above 0.8100

The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, which is also an 11-month high. At the time of writing, the pair trades at 0.8124, up 0.34%.

British Pound Sterling's turnaround is dead on arrival

GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1.3150 before clawin…

Japanese Yen sinks even after the BoJ hikes

USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy rate only last week, and a hike is meant to put a floor under a currency, not watch it sl…

Chinese equities: Flows support buy-the-dip stance – BNY

BNY’s Geoff Yu notes that despite a bear market in the Hong Kong China Enterprises Index and 15–16% declines in Chinese equities this year, institutional investors continue to add exposure. Holdings remain elevated vers…