DCANS FX - UK & Global

02/09/2026

The currency pair tried to take a firm run above the 160.00 mark earlier in the day, with the high touching 160.40.

That was the highest point since 31 July, when the US and Japan acted in joint intervention to bolster defense of the Japanese yen currency.

Traders remain wary about intervention risks. Was it a rate check from Tokyo again? Or was it just some nerves starting to show up as traders are afraid to overstep the boundaries and invite action from either Washington and/or Tokyo again?

In any case, the timing of their intervention efforts is leaving a lot to be desired, and has largely not been effective - Because they are up against a very tough backdrop (US/Iran War with Spiking Oil Price for a net oil importer country) as the fundamentals continue to run against the yen currency in just about every direction.

Real-time updates and trading tips, setups for paid subscribers: https://dcansfx.co.uk/live

02/09/2026

The Reserve Bank of New Zealand (RBNZ) raised the OCR by 25 basis points to 2.75 percent on September 2, as inflation hit 4.1 percent on higher fuel prices tied to the Middle East conflict.

The explicit acknowledgment that four of seven committee members see upside risks to inflation, against two who view risks as balanced, suggests further hikes remain firmly on the table if energy and petrochemical prices stay elevated.

The bank expects inflation back within target by mid-2027. RBNZ next meeting is on October 28, 2026.

NZD fell after the expected rate hike.

Real-time updates and trading tips, setups for paid subscribers: https://dcansfx.co.uk/live

01/09/2026

The USD is moving to a new high vs most of the major currencies helped by rising oil, higher yields from increase military tension in the middle east.

Oil prices are nearly up $4 on the day and approaches the $90 level. Yields remain elevated with the two-year up 3.7 basis points, the 10 year up 3.4 basis points.

US president Trump said that the US is currently striking Iran targets near the Strait of Hormuz and that the strikes are larger and powerful. The attacks are in retaliation for Iranian attacks which were in retaliation for US attacks on Iran. The vicious circle continues.

The AUDUSD is the only currency pair that is not trading to a new extreme as yields remain elevated, oil moves higher.

Real-time updates and trading tips, setups for paid subscribers: https://dcansfx.co.uk/live

01/09/2026

Global Bond selloff deepens as rising energy prices stoke inflation fears:

- US 10-year yield hits highest since January 2025 (a benchmark for prices across asset classes, has broken resistance at 4.75% to stand at 4.78%).
- Futures for French and German debt extended selling that drove yields to 15-year highs.
- The rise in Australia's ​10-year yield was the sharpest for five months.
- 10-year JGB yield hits 3% for the first time since 1996
- Braced for a slew of interest rate ‌hikes.

Will it get any more messier? Learn more https://dcanscapital.co.uk

08/08/2026

If you have a cash positive registered business in the UK, you can enjoy flexible B2B BNPL spending limits from £5,000 to £500,000 and spread repayments over twelve (12) months.

Interest-free and interest-bearing safer buying option https://quidpay.co.uk/why-us

07/08/2026

Choosing a direct UK mortgage provider such as DCANS Mortgage allows you to manage your application independently, eliminating intermediary costs and simplifying the process if you have straightforward finances.

30/07/2026

The Monetary Policy Committee voted 6-3 to keep the interest rate at 3.75%.

Find out more: https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

28/07/2026

With our built-in direct construction mortgages and experienced builders and/or tradespeople (plumbers, electricians, roofers, mechanics, painters and decorators and more), we make it extremely easy for your projects (renovation, remodelling, lofts, newbuilds, remove & replace, etc).

We work anywhere in England & Wales. It's FREE to apply. Competitive hourly billing rates apply. FCA Compliant & VAT-Registered https://propertysultan.co.uk/build-now-pay-later

06/07/2026

https://www.telegraph.co.uk/politics/2026/07/04/tony-blair-warns-andy-burnham-dont-raise-capital-gains-tax

Former PM’s think tank tells leader-in-waiting that targeting investors will damage economy

22/06/2026

The wheels have been set in motion already and with Streeting backing out, Burnham looks to be the uncontested favourite to take over as UK prime minister next - Coronation over Contest !!

While GBP/USD has recovered a bit today as Starmer doesn't drag on the political uncertainty, but a PM Burnham could be the most damaging outcome for the pound sterling due to the economic and fiscal effects of his policy agenda.

His Policies: Wealth tax, raising capital gains and dividend tax to income tax levels, abolishing the upper earnings limit for national insurance, charges on every form of consumer credit, and pushing up stamp duty surcharge to 9% for multiple homeowners and an increase to 6% for non-residents, will make the GBP take a hit (sub 1.3 all over again?)

Real-time updates and trading tips, setups for paid subscribers: https://dcansfx.co.uk/live