July 7, 2026 8:51 am
Key Moments ADA is trading around $0.18, sitting above short-term EMAs near $0.17 but facing heavy resistance at $0.19 where the upper Bollinger Band and SMA 50 converge. Derivatives open interest has climbed 10.33% to nearly $94 million, with both retail and top traders heavily skewed long, while spot volume remains thin at $26.8 million. […]
Read moreJuly 7, 2026 8:28 am
Key Moments EUR/GBP trades around 0.8540, hovering at its weakest level since July of last year after sliding from above 0.8600 last week. German Industrial Production rose 0.9% month-on-month in May, beating both April’s 0.4% increase and market expectations of 0.2%. The Euro has fallen more than 1% in about a week as investors scale […]
Read moreJuly 7, 2026 8:11 am
Key Moments USD/INR trades near 95.36 as the Rupee holds onto prior-session losses amid renewed oil supply concerns. MCX Crude Oil July 20 contract trades about 0.66% higher near 6,600, pressuring oil-import-dependent currencies like the INR. FOMC minutes and the Fed’s unchanged 3.50%-3.75% rate range, alongside 55.2% odds of a hike by September, shape USD/INR […]
Read moreJuly 7, 2026 7:31 am
Key Moments NZD/USD trades around 0.5700 in Asian hours on Tuesday, marking a second consecutive daily decline. Reports of missile attacks on commercial vessels in the Strait of Hormuz underpin US Dollar strength. ING expects the RBNZ to deliver a 25-basis-point “insurance” hike to 2.50% on Wednesday, but sees limited follow-through for NZD. NZD/USD Under […]
Read moreJuly 7, 2026 7:21 am
Key Moments AUD/USD pulled back from a two-week high near 0.6960 after earlier gains during the Asian session. The pair has been capped by the 38.2% Fibonacci retracement of the November 2025-May 2026 advance, near 0.6954-0.6955. Support is clustered around 0.6853 and 0.6752, while a sustained move above 0.6954 could open the path toward 0.7079 […]
Read moreJuly 7, 2026 6:57 am
Key Moments Bitcoin (BTC) moved back above $64,000, with derivatives metrics signaling reduced market stress and a recovery in price momentum. US spot Bitcoin ETF outflows slowed sharply from roughly $2 billion to $700 million, with ETF investors returning to aggregate profitability. Analysts highlighted that macro liquidity and capital allocation remain focused on AI infrastructure, […]
Read moreJuly 7, 2026 6:35 am
Key Moments USD/JPY retreats toward the 161.70-161.65 area during the Asian session, extending a pullback from the mid-162.00s but finding support. Japan’s nominal wages increase 3.2% in May and real wages rise 1.4% YoY, while Household Spending falls 0.4% YoY for a sixth consecutive monthly decline. Japanese authorities’ evolving stance on FX intervention and persistent […]
Read moreJuly 7, 2026 6:24 am
Key Moments GBP/USD advances for a ninth straight session, trading near 1.3390 during Asian hours on Tuesday. Traders scale back expectations for Fed rate hikes after softer US jobs data and easing inflation pressures. Markets now see only a 70% probability of a single BoE hike this year, down from expectations of two moves just […]
Read moreJuly 7, 2026 6:14 am
Key Moments BitMine Immersion Technologies (BMNR) added 42,197 ETH to its treasury last week, lifting total holdings to 5.74 million ETH. The firm now controls roughly 4.75% of Ethereum’s circulating supply and may need $523.7 million in additional ETH purchases to reach its 5% target. ETH price action is constrained below the 50-day and 100-day […]
Read moreJuly 7, 2026 6:03 am
Key Moments EUR/USD trades in a narrow range above 1.1400 and remains near a two-week high. Rising tensions in the Strait of Hormuz boost safe-haven demand for the US Dollar, limiting euro gains. Softer US labor data and lower crude oil prices temper Fed tightening expectations, supporting EUR/USD. EUR/USD Holds Above 1.1400 The EUR/USD pair […]
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