August 19, 2026 7:48 am
Key Moments Shiba Inu (SHIB) traded around $0.0000044 on Wednesday after bouncing from support near $0.0000043 earlier in the week. On-chain and derivatives indicators, including social dominance, long-to-short ratios, and funding rates, pointed to improving bullish sentiment. Technical signals such as RSI at 46 and fading MACD histogram bars indicated weakening bearish momentum, with downside […]
Read moreAugust 19, 2026 7:34 am
Key Moments USD/CAD trades near 1.3880 after meeting fresh selling interest during the Asian session on Wednesday. Trump pauses 50% tariffs on Canada for three days and oil hits a nearly three-week high, supporting the Canadian Dollar. Market participants await FOMC Minutes as Fed rate expectations and US data keep the US Dollar recovery in […]
Read moreAugust 19, 2026 7:27 am
Key Moments Gold (XAU/USD) trades below $4,450 after giving back modest intraday gains during the European session. Oil-driven inflation fears and a rise in the 30-year US yield to its highest level since June 2007 support elevated US rates and the US Dollar. Traders look to upcoming FOMC Minutes, with CME FedWatch Tool showing around […]
Read moreAugust 19, 2026 6:33 am
Key Moments Silver (XAG/USD) declines 0.5% to trade near $63.00 in Wednesday’s Asian session, extending losses from Tuesday. Persistent energy supply risks and WTI crude oil trading near $85.11 are stoking concerns about elevated global inflation. Market participants await the July FOMC Minutes, with CME FedWatch indicating no change in Fed rates at the September […]
Read moreAugust 19, 2026 5:58 am
Key Moments GBP/USD trades near 1.3535 in early Asian hours as softer UK labor figures weigh on Sterling. The UK Unemployment Rate held at 4.9% in the three months to June, above the 4.8% consensus, while wage growth slowed. Market pricing reflects expectations for one Bank of England rate increase by year-end, taking the Bank […]
Read moreAugust 18, 2026 2:12 pm
Key Moments Low volatility is described as pressuring both the Swiss franc (CHF) and Japanese yen (JPY), reinforcing their roles as funding currencies. Short CHF/JPY is characterized as a carry-positive vehicle for expressing a view on the yen, with potential appeal if intervention expectations rise. A move in EUR/CHF toward 0.95 is linked to higher […]
Read moreAugust 18, 2026 2:05 pm
Key Moments Bitcoin (BTC) moves toward short-term support around $64,000 while remaining below key moving averages. Ethereum (ETH) trades near $1,900 within a tight band defined by its 50-day and 100-day EMAs. XRP lingers under $1.00, with price action capped by the 50-day, 100-day, and 200-day EMAs and a bearish momentum profile. Macro Backdrop: US-Iran […]
Read moreAugust 18, 2026 1:34 pm
Key Moments LME three-month copper has traded above $14,000/t, moving close to record levels as nearby market conditions tighten. Tom-next and cash/3m spreads have surged to premiums of $75/t and $545/t, respectively, underscoring acute tightness in spot supply. US-bound shipments ahead of potential tariffs, along with Chinese buying, have drained LME inventories, which remain near […]
Read moreAugust 18, 2026 1:25 pm
Key Moments Commerzbank’s Norman Liebke links European gas storage levels over winter directly to the pace of LNG import inflows. At the current LNG inflow rate of 8 bcm per month, gas storage is projected to trend toward 0% by March. Upside risks to both European gas and electricity prices are highlighted amid strong Asian […]
Read moreAugust 18, 2026 1:09 pm
Key Moments USD/CAD trades near 1.3874, hovering around levels last seen in early June as opposing forces from yields and Oil limit direction. US 10-year and 30-year Treasury yields climb toward 4.75% and above 5.30%, respectively, helping the US Dollar recover from two-month lows. Canada’s CPI rises to 3.0% YoY in July from 2.8% in […]
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