Report published August 26, 2026
Bank J. Safra Sarasin Intraday FX View: G10 Currency Outlook & Policy Divergence (August 2026)
Source and citation context
- Issuer
- Bank J. Safra Sarasin
- Report date
- August 26, 2026
- Analysis as of
- Not stated in source
Finvaulta summarizes Bank J. Safra Sarasin's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Bank J. Safra Sarasin's FX desk provides daily technical and macro perspectives across major G10 currency pairs. The desk maintains a bullish bias on EUR/USD, AUD/USD, and JPY, while remaining bearish on CAD and funding positions with CHF.
Key Takeaways
- 1.Bullish bias maintained on EUR/USD targeting 1.18 within a month as spot stays above the 1.1633 200-day moving average.
- 2.Strong Australian CPI data (3.5% YoY vs. 3.3% expected) raises the odds of an RBA rate hike by December, supporting a bullish AUD/USD target of 0.75.
- 3.Bullish bias kept on JPY on expectations of underpriced BoJ hikes, while remaining bearish CAD amid retaliatory trade war tariffs with the US.
Table of Contents
- EUR/USD (1.1669)
- USD/CHF (0.8034)
- GBP/USD (1.3632)
- USD/JPY (159.00)
- AUD/USD (0.7178)
- USD/CAD (1.3862)
- Important Information
Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| EUR/USD Spot Rate | 1.1669 | Current spot level at time of publication |
| Australia CPI MoM | 1.0% | Printed 1% vs. 90 bps expectation MoM |
| Australia CPI YoY | 3.5% | Printed 3.5% vs. 3.3% YoY expectation |
| Bank of Canada Policy Rate Expected | 2.25% | Bank of Canada expected to hold rate at 2.25% |
Reports in this series
Intraday FX View is shown in chronological order through this edition, published on August 26, 2026.
Part of the Intraday FX View series — view all 5 editions
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Reported Data Context
- EUR/USD Spot Rate: 1.1669 (2026-08-26)
- Australia CPI MoM: 1.0 % (Latest release)
- Australia CPI YoY: 3.5 % (Latest release)
- Bank of Canada Policy Rate Expected: 2.25 % (Upcoming meeting)