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Jul 31, 2026
Japanese Yen: Policy credibility and intervention dynamics – BNY
BNY’s Geoff Yu highlights that the Japanese Yen (JPY) entered the latest Bank of Japan (BoJ) decision and suspected intervention with weak flow momentum and lighter positioning, even as investors remained net long JPY and net short USD/JPY.
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Jul 31, 2026
Euro: ECB September hike still base case – TD Securities
TD Securities strategists highlight that Euro area Harmonised Index of Consumer Prices (HICP) inflation rose to 2.9% y/y in July, with core inflation at 2.5% and services inflation at 3.3%, indicating only limited evidence of meaningful second-round effects.
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