FX News
Market-moving events, session conditions, and macro context — written for traders who run systems, not predictions.
A 70% Priced Hike, a 12:30 Print About August, and Brent Down 4.4% Since This Morning
The Fed is about 70% priced for next week, the BOJ fully priced for 17–18 September, and the ECB is being priced for October. Today's 12:30 print measures August — while Brent has fallen from $108.50 at 06:00 UTC to $103.76 at 11:45, two vendors agreeing, with no sourceable reason. Why the highest-probability CPI outcome resolves nothing.
$2.86 Billion Expires at USD/JPY 154.00 and Spot Is at 154.08 — with CPI Ninety Minutes Before the Cut
The full 10:00 New York cut expiry ladder, with spot against it: $2.86bn at USD/JPY 154.00 with the pair trading 154.08, and EUR1.44bn at EUR/USD 1.1575 thirty pips below spot. Tokyo traded 53 pips and 12 pips; Britain doubled its GDP consensus for about four. Plus the oil audit we owed you — our own four published Brent prices in 72 hours, and two vendors $3 apart this morning.
Six Ships a Day or Forty? The Hormuz Number Nobody Can Measure Prices the 30-Year at 17:00 UTC
Kpler counts five or six vessels a day through the Strait of Hormuz; the US Treasury Secretary says at least ten million barrels are moving and the White House says forty ships a night. Al Jazeera's own two pieces, citing the same tracker one week apart, give pre-war baselines of 15 and 17 million barrels a day. Transits fell 95%; volumes fell about half. Today's only audited oil number is US inventories at 16:00 — and the 30-year reopens at 17:00.