Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

BTC Holds 50-Day Support, ETH and XRP Eye Gains

July 24, 2026 7:40 am
Key Moments Bitcoin (BTC) trades near $65,300 on Friday, hovering just above its 50-day EMA at $65,145 after a 2.70% decline over the prior two days. Ethereum (ETH) changes hands around $1,875, holding above its 50-day EMA at $1,831 but remaining constrained below the 100-day EMA at $1,938. XRP trades at $1.111 with a bearish […] Read more

Canadian Dollar Rises, Sellers Stay Cautious

July 24, 2026 7:34 am
Key Moments USD/CAD trades near 1.4070, down 0.10%, yet remains above the prior session’s low and on pace for its first weekly gain in three weeks. Softer USD is offset by weaker oil prices, divergent BoC-Fed rate expectations, and new Trump tariff plans, all of which lend support to USD demand. Traders await flash US […] Read more

Pound Climbs Above 1.33 as Retail Sales Loom

July 24, 2026 6:52 am
Key Moments GBP/USD recovered to around 1.3325 during Friday’s Asian session, breaking a five-day losing streak. Heightened Middle East tensions and continued U.S. strikes on Iranian targets supported safe-haven demand for the U.S. Dollar. Markets anticipated no change to the Bank of England’s 3.75% Bank Rate next week, with UK June Retail Sales expected to […] Read more

Australian Dollar Rises Despite Global Headwinds

July 24, 2026 6:41 am
Key Moments AUD/USD recovers part of its recent decline after Australia’s flash PMIs point to a second straight month of private-sector expansion. Rising crude oil prices amid US-Iran tensions and new US trade tariffs support the USD by reinforcing inflation and Fed rate hike expectations. Markets turn attention to upcoming US flash PMIs and next […] Read more

Euro Climbs as Markets Weigh Fed, ECB Outlook

July 24, 2026 6:20 am
Key Moments EUR/USD traded near 1.1380 in Asian hours on Friday after a prior session pullback, with upside seen as constrained by potential US Dollar strength. Derivatives pricing via the CME FedWatch tool showed about a 35.8% chance of a Fed hike this month and an 82.1% probability of at least a 25-basis-point move in […] Read more

Yen Stays Under Pressure Near Lows as Japan CPI Edges Higher

July 24, 2026 6:01 am
Key Moments USD/JPY traded around 163.90 in early Asian dealings while the yen hovered near a multi-decade low against the dollar. Japan’s June National CPI rose to 1.7% YoY and core CPI to 1.6% YoY, marking the first uptick in core inflation since March. The “core-core” CPI measure eased to 1.7% YoY, its lowest level […] Read more

PBOC Nudges Yuan Fix Higher as Daily Reference Rate Edges Up

July 24, 2026 5:51 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity at 6.7939 The new fixing compared with the prior session’s reference rate of 6.7906 The 6.7939 level also differed from a 6.7795 estimate cited by Reuters Latest USD/CNY Central Parity Setting On Friday, the People’s Bank of China (PBOC) set the central USD/CNY […] Read more

Rand Steady as SARB Inflation Fight Guides Rate Path

July 23, 2026 11:53 am
Key Moments Commerzbank’s Volkmar Baur considers a 25 basis point rate increase by the South African Reserve Bank to 7.25% as virtually certain. The move would unwind one-third of the 2024-25 easing cycle, after inflation in June accelerated to 5% on surging fuel and higher core prices. Baur argues that the South African Rand’s outlook […] Read more

EUR/JPY Steady Near Highs as Markets Await ECB Decision

July 23, 2026 10:49 am
Key Moments EUR/JPY eased from a 12-week high at 186.67 but stayed above the prior peak around 186.32. Investors were focused on the ECB policy announcement, with expectations for the Deposit Facility Rate to remain at 2.25%. Technical indicators showed EUR/JPY consolidating with a bullish bias, as dips held above the mid-June highs near 186.30. […] Read more

NOK Outlook Limited as Norges Bank Keeps FX Buying Measured

July 23, 2026 10:46 am
Key Moments BNY’s Geoff Yu highlights that stronger energy terms of trade and a relatively hawkish Norges Bank are supportive for NOK, but elevated investor holdings and limited FX purchases are restricting further upside. EUR/NOK is described as being only 2.5% above its 12-month low from May, making the near-term risk-reward unattractive compared with energy […] Read more