The week in one sentence: Speculative positioning turned more constructive in the week to August 18. WTI recorded the largest increase, followed by a sharp narrowing in CAD net shorts. VIX and JPY positioning moved the other way, while Gold remained … [Continue reading]
Bitcoin eyes breakout above $80,000 as macro tailwinds build
Bitcoin’s (BTC) latest rally is primarily driven by improving macroeconomic conditions rather than crypto-specific factors, according to a Thursday report by CoinShares.Bitcoin surges on positive macroeconomic backdropThe firm stated that recent … [Continue reading]
AUD/USD Price Forecast: Bulls target YTD high after breakout
The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury Department's announcement of a bond buyback for the long end of the curve. The AUD/USD … [Continue reading]
USD/CHF Price Forecast: Bulls reclaim 0.8000 as recovery stalls
The USD/CHF advanced on Friday, registering a modest 0.07% gain, trading at 0.8010. During the week, the pair finished with losses of over 1.49%, triggered by a drop in US yields on Wednesday, as the US Treasury tries to cap elevated yields on the … [Continue reading]
Ethereum Price Forecast: ETH soars above $2,500 as US interest improves
Ethereum price today: $2,520Ethereum ETFs are on track to record their best week in 2026 after recording four consecutive days of net inflows worth $220.7 million.Profit-taking and long-term holders' distribution have been calm, strengthening the … [Continue reading]
US Treasury yields extend rebound as Services PMI beats estimates
US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that business activity remains solid despite a slowdown in manufacturing.Yields rise as strong services … [Continue reading]
Bitcoin on-chain signals flip bullish, but huge unrealized losses could cap gains
Bitcoin (BTC) is showing early signs of a potential shift in market conditions, with key on-chain signals flipping bullish.CryptoQuant contributor Darkfost said Bitcoin’s Bull Score has returned to bullish territory for the first time since October … [Continue reading]
Mexican Peso reaches two-year high despite weaker Retail Sales
The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week … [Continue reading]
South Korean Won: Cautious tightening path expected from BoK – DBS
DBS economists Taimur Baig and Radhika Rao expect the Bank of Korea (BoK) to raise its base rate by 25bps to 3.00% at the August meeting, alongside upgraded Gross Domestic Product (GDP) and Consumer Price Index (CPI) forecasts. They highlight … [Continue reading]
Malaysian Ringgit: Robust trade supports MYR – Commerzbank
Commerzbank’s Moses Lim notes Malaysia’s July exports rose 38.0% year-on-year, marking a fourth month of double‑digit growth led by electronics and machinery. The bank highlights resilient external demand, strong shipments to the US and China, and an … [Continue reading]