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30 07, 2026

Rabobank Dollar To Yen Forecast: 159 USD/JPY Forecast Now Looks Optimistic

By |2026-07-30T02:12:14+03:00July 30, 2026|Forex News, News|0 Comments

Economists say the Dollar-Yen could extend higher unless the BoJ signals faster rate hikes, with its three-month forecast at 159 now requiring several factors to align.

The US Dollar traded close to 163.84 against the Japanese Yen on Wednesday, holding near its highest level of 2026 as markets awaited policy decisions from both the Federal Reserve and Bank of Japan.

USD/JPY has gained around 4.5% since the end of December and approximately 0.8% in July alone. The pair has also risen in five of the past six months, leaving the Yen under sustained pressure.

Latest — Exchange Rates:

Dollar to Yen (USD/JPY): 163.86431 (0.00%)

Euro to Dollar (EUR/USD): 1.137884 (-0.06%)
Pound to Dollar (GBP/USD): 1.328349 (-0.02%)

Rabobank says Friday’s BoJ meeting will come with one advantage: policymakers will already know the outcome of the Fed decision.

That matters because the bank believes the FOMC “may have more impact on the USD/JPY exchange rate than” the BoJ’s own announcement.

A surprise Fed hike would likely deliver another powerful Dollar boost. Rabobank does not expect that outcome, however, and says unchanged US rates could instead trigger “a little profit-taking on long USD positions”.

The Yen’s bigger test comes a day later.

Rabobank argues that recent BoJ comments may have been “specifically aimed at preparing markets for hawkish signals” from Friday’s meeting. Without them, the risk is straightforward: “an absence of hawkish signals from the BoJ this week could open the door for further upside pressure on USD/JPY”.

USD/JPY year-to-date chart showing the climb from January lows near 152 towards 164
Image: USD/JPY year-to-date chart showing the climb from January lows near 152 towards 164

USD/JPY’s path this year helps explain why Rabobank thinks the BoJ cannot afford an ambiguous message. The pair has not simply spiked towards 164; it has rebuilt its advance in stages since May, repeatedly recovering from shallow setbacks.

That persistence is the uncomfortable part for Tokyo. Verbal warnings and earlier Ministry of Finance intervention have slowed the move at times, but neither has changed its direction for long. The chart therefore supports Rabobank’s view that intervention alone may be “too costly” when the underlying force is an appreciating US Dollar.

Rabobank notes that the MoF has not bought Yen in the open market since spending JPY11.73 trillion between late April and late May.

One explanation is cost. The bank says officials may simply consider it “too costly to push against an appreciating USD”, particularly while US rate expectations remain firm.

There are signs that Japanese policy support has had some impact. Although USD/JPY has climbed sharply, the Yen is still the fourth-best-performing G10 currency over the past three months because the Dollar has strengthened even more broadly.

Rabobank says this suggests “both the MoF’s intervention and the hawkish signals from the BoJ have had some impact in supporting the JPY”.

Near-Term USD/JPY Forecast: A Move Back to 159 Needs a Hawkish BoJ and Softer Fed Expectations

Rabobank maintains a three-month USD/JPY forecast of 159, but admits that target “currently looks optimistic”.

A faster BoJ tightening cycle would help. The bank says an October rate increase, rather than waiting until December, could provide the Yen with support.

Japan’s inflation backdrop gives policymakers room to sound firmer. The BoJ has said an underlying price measure remains well above its 2% target, while wage negotiations have delivered another strong result.

Even that may not be enough on its own.

Rabobank says a move to 159 would likely require “various factors to come together”: greater reassurance over Japan’s fiscal outlook, a clearly hawkish BoJ and a decline in fears of further Fed tightening.

The final ingredient may prove decisive. As the bank puts it, “how far the JPY can recover versus the USD, if at all, is likely to be determined” by the Fed Chair’s message.

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30 07, 2026

Silver Price Forecast: XAG/USD Climbs Back Above $58.00 On US Dollar Weakness

By |2026-07-30T02:08:40+03:00July 30, 2026|Forex News, News|0 Comments







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29 07, 2026

Euro To Dollar Price Forecast: EUR/USD Trapped Near 1.14 Ahead Of The Fed

By |2026-07-29T22:12:14+03:00July 29, 2026|Forex News, News|0 Comments

Scotiabank analysts warn that options markets are pricing greater protection against Euro exchange rate weakness, while ING sees scope for EUR/USD to revisit 1.15 after the Fed.

The Euro to Dollar (EUR/USD) exchange rate traded around 1.1390 on Wednesday, holding within an unusually narrow range as markets waited for the Federal Reserve’s policy decision.

EUR/USD was marginally higher on the day after closing at 1.1386 on Tuesday. The pair has spent most of the past week between 1.1350 and 1.1420, with July’s broader range capped by a high near 1.1481 and a low around 1.1354.

Latest — Exchange Rates:

Euro to Dollar (EUR/USD): 1.138758 (+0.01%)
Pound to Dollar (GBP/USD): 1.329004 (+0.03%)
Dollar to Yen (USD/JPY): 163.82941 (-0.02%)

Scotiabank described the Euro as “unchanged vs. the USD” as it consolidated within “an incredibly tight range in the mid/upper-1.13s”.

That calm in spot trading is not being matched in the options market.

Scotiabank flagged a “somewhat worrisome development”, noting that risk reversals were “pushing deeper into negative territory” and approaching their late-June lows.

The move indicates “a growing premium for protection against EUR weakness”, suggesting investors are paying more to hedge against a decline even though the spot rate itself remains stable.

The bank linked that deterioration to the latest positioning data, which showed a weakening speculative backdrop for the Euro. In other words, the surface looks quiet, but traders underneath it are becoming more defensive.

Fundamental support has not disappeared. Scotiabank said ECB rate expectations were steady after their recent pullback, “delivering fundamental support via yield spreads”.

German import prices also showed tentative evidence that the energy-driven surge may be reaching a peak after lifting the annual rate above 6%. The release was not large enough to shift the currency, leaving US developments as the dominant near-term driver.

EUR/USD 38-hour rolling price chart showing an early rise above 1.1400 followed by consolidation around 1.1390
Image: EUR/USD 48-hour rolling price chart showing an early rise above 1.1400 followed by consolidation around 1.1390

The latest two-day chart above shows EUR/USD briefly climbing from below 1.1380 to around 1.1404 before giving back most of the move.

The pair then settled into an extremely compressed range, repeatedly finding buyers around 1.1383–1.1386 but struggling to maintain advances above 1.1395.

ING takes a more constructive view of what may follow the Fed decision.

The bank argues that precautionary positioning for a surprise US rate increase has helped keep the Dollar supported, but that resilience “will be tested heavily” if the Fed leaves rates unchanged as expected.

Markets were pricing roughly seven basis points of tightening, equivalent to around a 25–30% probability of a hike. A hold should therefore trigger some correction in short-dated US rates and allow investors to unwind defensive Dollar positions.

ING said a Fed hold could allow the Dollar “to reconnect with the signal from lower oil prices”, adding that “unless Fed Chair Kevin Warsh surprises with a hawkish spin, or we see more than two dissenters, we think the dollar will come under pressure today”.

For EUR/USD, that creates a potential route higher, although ING is not calling for an immediate breakout.

The bank said there was “a good chance the pair bottomed out last week” if markets retain a broadly constructive view on Middle East de-escalation.

A sustained move above 1.15 still requires “dovish Fed repricing” and a stabilisation in risk sentiment. Weakness in technology and semiconductor shares may cap the Euro even if the Dollar softens.

Near-Term EUR/USD Forecast: Scotiabank Watches 1.1350–1.1450 as ING Eyes a Return Towards 1.15

Scotiabank’s technical view remains “bearish/neutral”.

The relative strength index is showing “signs of a tentative recovery”, but remains below 50 and therefore still carries a bearish bias. The bank places near-term movement between 1.1350 and 1.1450, with the wider June range bounded by support in the low 1.13s and resistance near 1.1480.

ING’s immediate target sits inside that same range. As a baseline response to a modestly dovish Fed surprise, it expects EUR/USD to return to 1.1400–1.1450 over the coming days.

The contrast between the two banks is useful. Scotiabank sees defensive positioning and options demand warning that the Euro remains vulnerable; ING thinks much of the Dollar’s pre-Fed support may unwind once the decision is out.

A break above 1.1450 would strengthen ING’s argument that last week marked the low and bring 1.1480–1.1500 back into focus. A move beneath 1.1350 would validate the caution showing up in options markets and expose the lower part of the June range.

The spot market is quiet. The hedging market is not. Wednesday’s Fed decision should reveal which one has read the risk more accurately.

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29 07, 2026

Coffee prices today, July 29: Increase sharply by another 1,900 VND/kg

By |2026-07-29T22:07:16+03:00July 29, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market increased sharply compared to the previous day. Coffee prices on July 29th averaged 98,400 VND/kg, up 1,900 VND/kg. The highest level in key Central Highlands regions was recorded at 98,500 VND/kg.

In Lam Dong, coffee prices reached 97,880 VND/kg, an increase of 2,000 VND/kg compared to the previous day. This is the lowest level among regions updated in detail.

In Gia Lai, coffee prices were recorded at 98,300 VND/kg, an increase of 1,900 VND/kg.

The old Dak Nong area recorded a level of 98,500 VND/kg, an increase of 1,900 VND/kg.

After two consecutive increasing sessions, the domestic coffee price level has returned to the area close to 100,000 VND/kg.

World coffee prices

In the world market, coffee prices increased sharply on both the London and New York exchanges.

On the London exchange, the September 2026 Robusta futures contract increased by 78 USD/ton, equivalent to 2.05%, to 3,877 USD/ton. The November 2026 term increased by 78 USD/ton, to 3,859 USD/ton. The January and March 2027 terms increased by 79 USD/ton and 80 USD/ton respectively, reaching 3,824 USD/ton and 3,794 USD/ton.

On the New York exchange, the September 2026 Arabica futures contract increased by 14.85 US cents/lb, equivalent to 4.58%, to 339.40 US cents/lb. The December 2026 term increased by 11.40 US cents/lb, to 317.30 US cents/lb. Further forwards also increased sharply.

The upward momentum of world prices is creating clearer support for domestic coffee prices, especially when Robusta London returns to the area near 3,900 USD/ton.

Coffee price assessment

Domestic coffee prices increased sharply in the session of July 29, coinciding with positive developments on the two international exchanges. The increase range of Arabica is greater than Robusta, but Robusta is still a more direct factor affecting the Vietnamese market.

From a global market perspective, the International Coffee Organization said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to May. However, in June, prices once fell to the lowest level in nearly 2 years and then recovered 17.4% at the end of the month, showing that the market still has a large fluctuation range.

Regarding supply, USDA/FAS forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. The prospect of increased supply is still a factor to be monitored in the medium term, although short-term prices are being supported by the upward momentum on the world exchange.

Regarding the weather, according to the National Center for Hydro-Meteorological Forecasting, from early morning on July 29 to July 30, the Central Highlands and Southern regions will have moderate rain, heavy rain and thunderstorms, locally very heavy rain. Especially the Central Highlands will have moderate rain, heavy rain and scattered thunderstorms; in thunderstorms, there is a possibility of tornadoes, lightning and strong gusts of wind.

Heavy rain needs to be monitored in the stages of garden care, pest and disease prevention, and goods preservation.





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29 07, 2026

Forecast update for EURUSD -29-07-2026

By |2026-07-29T18:06:37+03:00July 29, 2026|Forex News, News|0 Comments


 

The EURUSD pair declined in its last intraday trading, reaching EMA50’s resistance, putting it under negative pressure amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend for this path, besides the emergence of the negative signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, intensifying the negative pressure, indicating more downside moves in the near upcoming period.

 

 





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29 07, 2026

The EURGBP resumes the bullish correction– Forecast today – 29-7-2026

By |2026-07-29T14:09:10+03:00July 29, 2026|Forex News, News|0 Comments

The EURGBP continued forming bullish corrective waves, benefiting from stochastic positivity, to notice surpassing the barrier at 0.8555 barrier to ease the mission of achieving some gains by reaching 0.8573 level.

 

Forming corrective attempts is expected to target 0.5885 and 0.8595 level, while activating the negative trend requires forming a sharp decline to settle below 0.8540 level, to begin targeting negative stations that are represented by 0.8510 and 0.8480 level.

 

The expected trading range for today is between 0.8540 and 0.8585

 

Trend forecast: Bullish



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29 07, 2026

The GBPJPY fluctuates within the bullish trend– Forecast today – 29-7-2026

By |2026-07-29T14:05:06+03:00July 29, 2026|Forex News, News|0 Comments


The GBPJPY pair’s neediness to the bullish momentum led it to form more bearish corrective waves, to notice its stability near the moving average 55 at 217.35, note that this rebound will not affect the main bullish scenario, which depends on the stability of the support level at 216.35, the stability above it confirms the continuation of the positivity, which might target the barrier at 218.65 and surpassing it will extend the trading towards 219.40 and 220.00.

 

While breaking the support and holding below it for four hours’ time frame will cancel the bullish trend, to force the price to form strong bearish waves, forcing it to suffer several losses by reaching 215.45 initially.

 

The expected trading range for today is between 216.85 and 218.65

 

Trend forecast: Bullish





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29 07, 2026

The EURJPY is waiting for achieving the breach– Forecast today – 29-7-2026

By |2026-07-29T10:08:06+03:00July 29, 2026|Forex News, News|0 Comments

 

The EURJPY pair renewed the bullish attempts yesterday, facing 186.65 barrier, which formed a strong obstacle against the attempts of resuming the bullish trend.

 

Reminding you that the stability within the bullish channel’s levels, and its main support is located at 185.60 represents a main factor to activate the bullish attempts, therefore, we will keep waiting for breaching the current barrier to open the way for reaching extra stations, which might begin at 186.95 and 187.65.

 

The expected trading range for today is between 185.70 and 186.95

 

Trend forecast: Bullish

 



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29 07, 2026

Platinum price is fluctuating in a sideways range– Forecast today – 29-7-2026

By |2026-07-29T10:04:13+03:00July 29, 2026|Forex News, News|0 Comments


 

Platinum price provided more sideways trading by its fluctuation near $1600.00 level due to the contradiction of the main indicators, especially by stochastic stability above 20 level, obstructing the previously waited negative trend.

 

Reminding you that the stability below the extra barrier at $1695.00 forms a main factor to confirm the previously suggested negative scenario, therefore, we will keep waiting for gathering extra negative momentum, to reach the initial target at $1550.00, then attempts to pressure the barrier near $1515.00.

 

The expected trading range for today is between $1515.00 and $1640.00

 

Trend forecast: Bearish





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29 07, 2026

Forecast update for Gold -28-07-2026

By |2026-07-29T06:03:39+03:00July 29, 2026|Forex News, News|0 Comments


 

Gold prices deepened its losses during their latest intraday trading, breaking a bullish corrective trend line on the short-term basis, accompanied by surpassing EMA50’s support, intensifying the negative pressures and suggesting more losses in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

 

 





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