The British Pound (GBP) extends its reversal against the US Dollar (USD) on Tuesday as June’s UK unemployment data fails to convince investors in an already risk-off market, as tensions in the Middle East rise. The GBP/USD trades at 1.3522 at the … [Continue reading]
Canadian Dollar holds near early June high as rising oil prices offset modest USD strength
The USD/CAD pair struggles to build on the overnight bounce from the 200-day Simple Moving Average (SMA) support near the 1.3845 region, or the lowest level since June 3, and is seen consolidating during the Asian session on Tuesday. Spot prices … [Continue reading]
China: Growth risks and stimulus watch – TD Securities
TD Securities’ Alex Loo highlights that China’s July data showed weaker industrial production, modest retail sales and record-weak Fixed Assets Investment, reinforcing concerns about insufficient domestic demand. The report warns that if economic … [Continue reading]
EUR/GBP trades in a tight range ahead of UK jobs data
EUR/GBP is holding a narrow band around the mid-0.8500s with little conviction in either direction. At the time of writing, the cross is close to flat on the day.The European Central Bank (ECB) raised rates in June, and markets continue to lean … [Continue reading]
Ripple Price Forecast: XRP tests $1.00 key level amid mild capital inflows
Ripple (XRP) continues to trend bearish, trading at $1.00 as of Monday. The remittance token has hovered near this key support level since last week, indicating muted market catalysts for a rebound and signs of seller fatigue.XRP sees modest ETF, … [Continue reading]
New Zealand Dollar: RBNZ seen on hold in September – Commerzbank
Commerzbank’s Volkmar Baur argues that softer New Zealand inflation data make a September rate hike by the Reserve Bank of New Zealand (RBNZ) unlikely after July’s move. While core inflation is easing and supports a pause, the central bank is … [Continue reading]
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week on a cautious note after slipping over 3%, 1.5%, and 3.5%, respectively, in the previous week. BTC finds support around the key $62,300 level while ETH continues to trade sideways. … [Continue reading]
Silver Price Forecast: XAG stalls as yields cap recovery
Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.XAG/USD Price Forecast: Technical OutlookThe white metal … [Continue reading]
AUD/USD Price Forecast: Bulls eye 0.7100 after US Retail Sales miss
The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/USD trades at 0.7083, up … [Continue reading]
JPMorgan severs banking ties with Polymarket amid regulatory concerns
JPMorgan Chase ended its banking relationship with prediction market platform Polymarket in late 2025 over regulatory concerns, according to a Financial Times report.JPMorgan cuts banking ties with PolymarketThe report noted that JPMorgan told … [Continue reading]