Gold price holds firm during the North American session as buyers fail to surpass the $4,700 level, exacerbating a retracement below a key psychological level, amid mixed US data and rising hopes for an end to the US-Iran conflict. XAU/USD traded at … [Continue reading]
Gold takes a breather after climbing to a fresh three-month high, US PCE in focus
Gold (XAU/USD) extends its intraday decline during American trading hours on Tuesday after setting a fresh three-month high of $4,697 earlier in the day. Traders appear to be booking some profits following the recent rally, which has pushed the … [Continue reading]
Japanese Yen: Range trade within 157.90 and 159.80 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann describe USD/JPY as locked in a range-trading phase, with a slightly firmer tone keeping the pair in a higher intraday band of 158.80–159.45. Their 1–3 week view is now neutral after earlier … [Continue reading]
Gold moves away from multi‑month top as Fed rate fears and Middle East jitters support USD
Gold (XAU/USD) faces rejection ahead of the $4,700 mark on Tuesday and witnessed an intraday turnaround from its highest level since May 14, touched during the Asian session. Despite tamer July US inflation data, traders are still pricing in around a … [Continue reading]
Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains
Ethereum price today: $2,480BitMine acquired 32,447 ETH last week, lifting its holdings to 5.847 million ETH.Chairman Thomas Lee hinted that ETH could see further gains, similar to its moves after +30% rallies in May 2025 and July 2026.ETH's rally … [Continue reading]
South Korean Won: Consolidation zone eyed against US Dollar – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao highlight South Korea’s strong export-led growth and large current-account surplus as key drivers of Korean Won strength against the Dollar. They note that increased National Pension Service hedging and … [Continue reading]
XRP cools after rally as ETF inflows stay firm
Ripple (XRP) is correcting on Monday, trading around $1.48, a 13% drop from last week’s peak of $1.70. The remittance token surged about 72% from $1.00 last week, in line with the broader crypto market’s bullish outlook.A higher support level would … [Continue reading]
AUD/USD Price Forecast: Aussie eases from 12-week highs with bulls still in command
The Australian Dollar (AUD) ticks lower against the US Dollar (USD) on Monday, but maintains its broader bullish tone, with the AUD/USD pair trading at 0.7164, a few pips shy of the 12-week high of 0.7180 hit last Friday. A mild risk-averse market … [Continue reading]
Japanese Yen: Psychological resistance and intervention fears – MUFG
MUFG’s Teppei Ino reviews recent USD/JPY trading ahead of Jackson Hole. The pair opened near 159 and repeatedly tested the 160 level, which acted as psychological resistance as traders watched for possible Japanese intervention. A US Treasury plan to … [Continue reading]
Gold gains momentum above $4,600 on US Treasury buyback plans
Gold price (XAU/USD) gains traction to around $4,625 during the early Asian trading hours on Monday. The precious metal climbs to the highest since May 15 as the US Treasury's buyback support plan weighs on the US Dollar (USD).US Treasury Secretary … [Continue reading]