Sydney Open Briefing: Monday, August 10, 2026
Sydney opens to a session marked by broad USD weakness over the past 24 hours, with the USD down -0.43%. The CHF has shown strength, up +0.20%, contributing to a -0.18% move in USDCHF. AUDUSD is down -0.10%, while EURUSD is up +0.05%. USDCAD has gained +0.07%. The overall risk sentiment, as measured by the Risk Meter, sits near neutral at -0.03. These currency movements set the backdrop for early trading in the Asia Pacific region.
Attention turns to Japan, where Current Account n.s.a. and Adjusted Current Account figures are scheduled for release at Sun 23:50 UTC. Consensus for Current Account n.s.a. is 2290.8B, following a previous reading of 3968.3B. The Adjusted Current Account is expected at 3421B, compared to the prior 3064.5B. These releases may influence JPY crosses as the session progresses.
Further into the session, at Mon 01:00 UTC, China’s PBC New Loans data will be released. The market consensus is for 0.591T, a notable decrease from the previous figure of 1.61T. This data point often provides insight into liquidity and credit conditions within the Chinese economy, potentially impacting AUD and other regional currencies.
Traders will be monitoring the PBC New Loans from China as the most significant scheduled event in the early hours of the Sydney session.
| At a glance | |
|---|---|
| Biggest moves since the previous session | USDCHF -0.18%, AUDUSD -0.10%, USDCAD +0.07% |
| Currency strength, 24h | CHF strongest at +0.20%, USD weakest at -0.43% |
| Risk meter | -0.03 (balanced) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 23:50 UTC | JPY | Current Account n.s.a. | Medium | 2290.8B |
| 23:50 UTC | JPY | Adjusted Current Account | Medium | 3421B |
| 01:00 UTC | CNY | PBC New Loans | Medium | 0.591T |
Times are UTC. This brief describes measured market state and the published schedule. It is not financial advice and nothing in it is a trade recommendation.