Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

EUR

01 Sep 2026

Global bond rout intensifies

Good morning. A rout in global bond markets is intensifying and the dollar is climbing as an outbreak in hostilities between the US and Iran revives inflation risks, raises the likelihood of interest rate hikes in the months ahead, and makes safe havens more appealing. Energy prices are ratcheting higher after two supertankers were reportedly struck by anti-ship missiles while passing through the Strait of Hormuz overnight. With the threat of a prolonged disruption once again growing more acute, Brent is trading near $92 a barrel, up 4% over the past week, while West Texas Intermediate stands at $88, up...

Read More Read More
31 Aug 2026

Jackson Hole aftermath keeps dollar supported

Good morning. The dollar is edging off highs reached last week as traders digest Friday’s hawkish tilt in Fed communications, monitor developments in oil markets, and brace for a slew of event risks in the days ahead. Ten-year Treasury yields are holding near their highest levels since early last year, equity markets are setting up for modest declines at the open, and most major currencies are inching higher in convictionless trading. Odds on a rate hike at the Federal Reserve’s September meeting jumped after chair Kevin Warsh underscored a hawkish tilt among policymakers in Friday’s address at the Jackson Hole...

Read More Read More
27 Aug 2026

Traders take shelter ahead of Jackson Hole

Good morning. Most major currency pairs are little changed this morning as traders trim positions and avoid directional bets ahead of tomorrow’s long-awaited address from Federal Reserve chair Kevin Warsh at the Jackson Hole economic symposium. Oil prices are edging lower as talks between Iran and Oman over the fate of the Strait of Hormuz show signs of progress, Treasury yields are holding steady, and US equity futures are set for an advance at the open after Nvidia said it expects to grow revenues by 70% over the next year, beating Wall Street expectations. Data published yesterday morning left Federal...

Read More Read More
26 Aug 2026

RBA losing patience?

• US data. Firmer US activity & inflation data supported bond yields. USD a bit firmer against most currencies. AUD bucks the trend because of AU CPI.• AU pulse. July inflation higher than predicted. Odds of another RBA hike by year-end lift. Late-Sep meeting ‘live’. But has the AUD already factored it in? Global Trends A bit of a reversal in fortunes overnight across some markets overnight with US equities a touch softer (NASDAQ -0.1%), bond yields rising a little (US rates rose ~2-4bps across the curve), oil nudging up (brent crude +0.5% to US$87.45/brl), and the USD firmer against...

Read More Read More
25 Aug 2026

Upbeat tone. But for how long?

• Positive vibes. Improved sentiment about the US/Iran conflict has weighed on oil prices. Bond yields lower, equities higher. AUD & NZD rose overnight.• Data trends. Australian monthly CPI out today. US PCE deflator due tonight. Signs of moderating inflation may generate AUD & USD volatility. Global Trends Markets were in a slightly better mood overnight with bonds and equities underpinned by a dip in oil. The tech-centric NASDAQ (+0.7%) outperformed the broader S&P500 (+0.3%), while US bond yields shed ~6-7bps across the curve. The US 10yr rate (now ~4.63%) has slipped towards the bottom of its 1-month range, however...

Read More Read More

Corpay Currency Research

Contact Us

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.