Trending
- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
- USD Index extends losses amid rising rate-cut expectations and firmer gold prices
- EURUSD makes another attempt to break through key Fibonacci resistance
Inflation in the UK climbs to its highest level in several months this July
Britain’s inflation accelerated in July, rising to 3.8% from 3.6% in June, surpassing the forecast of 3.7% and marking the highest level since early 2024.
The latest data also revealed that the UK currently has the highest and…
Read More...
Read More...
AUDUSD – near-term outlook stays neutral as the pair continues to trade within the daily cloud
AUDUSD has stayed in sideways mode for a third consecutive session, with near-term action confined within a narrow daily cloud.
Attempts to push above the cloud top (0.6512) were repeatedly capped by the daily Kijun-sen (0.6522),…
Read More...
Read More...
WTI Crude – bearish pressure persists ahead of Ukraine peace negotiations
WTI oil prices slipped back into negative territory on Monday, after only brief support from U.S. threats directed at India to halt purchases of Russian crude.
The decline pushed prices closer to the lower boundary of the near-term…
Read More...
Read More...
Gold – bullish momentum holds above daily cloud as markets focus on Trump’s meetings with political…
Gold prices inched higher on Monday morning as investors turned cautious ahead of today’s meeting between President Trump and leaders from Ukraine and several European countries.
Following last week’s Trump–Putin summit in Alaska —…
Read More...
Read More...
USD/JPY – Bearish momentum softens, though downside risks remain
USD/JPY extended its losing streak for a third straight session on Thursday, deepening the decline and touching a three-week low.
Fresh selling pressure drove the pair below key support at 146.80/70 (50% retracement of the 142.68–150.91…
Read More...
Read More...
GBP/USD – Bulls extend gains for a second day, nearing key resistance levels
Cable extends its upward momentum, approaching key near-term resistance levels at 1.3588 (July 24 high) and 1.3618 (daily Ichimoku cloud top).
Sterling’s strength in the past two sessions has been underpinned by a weaker dollar—driven by…
Read More...
Read More...
US inflation posts moderate increase in July
US consumer prices rose modestly in July, with the CPI up 0.2% from the prior month, easing from June’s 0.3% gain, while the annual inflation rate held steady at 2.7%.
Core CPI, which excludes food and energy, climbed 0.3% in July after…
Read More...
Read More...
Reserve Bank of Australia lowers interest rate by 25 basis points in line with expectations
The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 3.6% today, matching market expectations, after recent economic data suggested core inflation would remain near the midpoint of its 2%–3% target range, supporting…
Read More...
Read More...
BTCUSD – Bulls surge past 120K, approaching record highs
BTCUSD broke decisively above the psychological 120K mark on Monday, reaching its highest level in nearly a month at 122,300.
The rebound from the 112K zone—marking both a higher base and the bottom of the pullback from the record…
Read More...
Read More...
BoE Slashes Rates by 25bps as Split Widens Among Policymakers
Bank of England Cuts Rates to 4% Amid Divided Vote
The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4% during its August policy meeting on Thursday, but the decision exposed deep divisions among…
Read More...
Read More...