August 7, 2026 8:06 am
Key Moments Bitcoin (BTC) trades at $64,318 on Friday, capped below the 50-day, 100-day and 200-day EMAs and showing a mildly bearish short-term tone. Ethereum (ETH) holds at $1,901, moving sideways in a tight $1,857–$1,925 range for 22 days, with indicators pointing to neutral momentum. Ripple (XRP) changes hands at $1.03, more than 5% lower […]
Read moreAugust 7, 2026 7:44 am
Key Moments NZD/USD trades near the lower end of its weekly range around 0.5865, marking a second straight session of weakness. China’s June Trade Balance came in at $112.5 billion, above the $107.0 billion consensus but below the prior $125.62 billion, offering little support to antipodean currencies. Geopolitical tensions and higher oil prices have reinforced […]
Read moreAugust 7, 2026 7:06 am
Key Moments AUD/USD trades in a narrow 0.7030-0.7025 band as markets await the latest US Nonfarm Payrolls report. Heightened geopolitical risk and firm Fed rate-hike expectations support the US Dollar and limit gains in AUD/USD. Standard Chartered expects the RBA to keep the cash rate at 4.35% at its 11 August meeting, with a neutral […]
Read moreAugust 7, 2026 6:46 am
Key Moments EUR/USD trades near 1.1520 in Asian hours on Friday, marking a second straight session of losses. Heightened tensions in the Strait of Hormuz and a draft Iranian proposal targeting US and Israeli shipping bolster demand for the US Dollar. Eurozone Retail Sales fall 0.3% month-on-month in June, reversing most of May’s gain and […]
Read moreAugust 7, 2026 6:42 am
Key Moments USD/CAD advances for a second straight session, trading near 1.4020 during Asian hours on Friday. Ongoing tensions and shipping limits in the Strait of Hormuz push energy prices higher, supporting both the US Dollar and the oil-linked Canadian Dollar. Fed rhetoric remains firmly hawkish, with markets assigning a 54.5% probability to a 25-basis-point […]
Read moreAugust 7, 2026 6:27 am
Key Moments USD/JPY is consolidating this week’s rebound from the 155.25-155.20 area and is trading around the mid-158.00s. Japan’s Overall Household Spending fell 3.3% year-on-year in June. That marks a seventh straight monthly decline and missed the 1% consensus. Meanwhile, Middle East tensions and renewed Fed hike expectations are supporting US Treasury yields and the […]
Read moreAugust 7, 2026 5:58 am
Key Moments UOB analysts report USD/CNH is trading with a soft underlying tone, with room to test support near 6.7420 in the near term. Over a 1-3 week horizon, the pair is still expected to drift gradually toward 6.7300 as long as resistance at 6.7640 remains intact. On a 1-3 month view, a more durable […]
Read moreJuly 31, 2026 12:54 pm
Key Moments The Euro weakened against the British Pound after Eurozone inflation data failed to provide fresh support for the single currency. EUR/GBP dropped toward 0.8550 as traders reacted to stronger-than-expected inflation figures and shifting rate expectations. Sterling gained support from a more hawkish Bank of England outlook following its latest policy meeting. Euro Slides […]
Read moreJuly 31, 2026 8:55 am
Key Moments USD/INR declined to a new more than two-week low near 95.30 as the Indian Rupee continued its week-long advance. Market skepticism about the Federal Reserve’s resolve on inflation weighed on the US Dollar, even as the DXY traded near 100.23 after a sharp drop on Thursday. Investors are focused on the Reserve Bank […]
Read moreJuly 31, 2026 7:59 am
Key Moments USD/CAD trades back above the 1.4000 level during the Asian session after a three-day decline to its weakest mark since June 17. The US Dollar firms as markets refocus on the possibility of at least one Federal Reserve rate hike despite softer US GDP and PCE data. Heightened geopolitical risks in the Middle […]
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