EUR/JPY extends its losses for the second successive day, trading around 185.20 during European hours on Monday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling a … [Continue reading]
Solana Price Forecast: Strong institutional confidence keeps SOL afloat above $100
Solana (SOL) price is trading around $100 on Monday, testing the psychological support level after a 3% decline the previous day. SOL-focused Exchange Traded Funds (ETFs) recorded over $150 million in inflows last week, reflecting strong … [Continue reading]
US Treasury Secretary Bessent: Japanese Yen moves ‘pretty contained’ and not disorderly
US Treasury Secretary Scott Bessent said on Sunday recent Japanese Yen (JPY) moves were "pretty well contained," suggesting the Japanese currency's renewed weakness were not seen as the kind of disorderly moves that led to a rare joint … [Continue reading]
CFTC Report: CAD short covering leads; Gold buying surges
The week in one sentence: speculative positioning shifted more constructively in the week to August 25. CAD short covering led the move, followed by a broad reduction in EUR shorts and renewed Gold buying. GBP and VIX positioning also improved, while … [Continue reading]
Ethereum Weekly Price Forecast: Profit-taking slows rally as network activity lags
Ethereum (ETH) has held firmly above $2,400 and traded near $2,500 this week after a sharp rally last week. However, upward momentum has slowed as investors appear to be taking profits after ETH moved above its average on-chain cost basis.The move … [Continue reading]
Solana community narrowly approves double disinflation proposal in dramatic governance vote
The Solana (SOL) community on Friday approved a proposal to accelerate the reduction of SOL token issuance.Solana community passes double disinflation proposal with 67% supportThe measure, known as SGP-0002 or Double Disinflation, secured 67% support … [Continue reading]
South Korean Won: BoK tightening supports KRW against US Dollar – Commerzbank
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a near-term pause but sees scope for … [Continue reading]
Vietnam: Exports and consumption stay robust – DBS
DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand. Retail sales and tourism-related … [Continue reading]
South Korean Won: BoK front-loading hikes as KRW consolidates – Commerzbank
Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but may pause to assess effects. … [Continue reading]
Philippine Peso: BSP tightening bias on inflation risks – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency … [Continue reading]