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EUR/JPY Holds Above Key EMAs, Bullish Bias Intact
EUR/JPY is trading around 185.80 during Asian hours on Monday, maintaining a bullish bias as it stays above both the nine-day and 50-day exponential moving averages.
EUR/USD Struggles Below 1.1500 as Buyers Face Resistance
The pair reached a high of 1.1482 on the 4-hour chart before starting a downside correction, with a move toward the 50% Fibonacci retracement level of the rally from the 1.1376 swing low.
AUD/USD Recovers to Near 0.7000 Amid US Dollar Weakness
The Australian Dollar gains ground against the US Dollar during Asian trading, approaching the 0.7000 level as the greenback weakens.
Swiss Franc Strengthens Ahead of Trade Balance Data, USD/CHF Falls to 0.8070
The Swiss Franc gains support ahead of Trade Balance data, pushing USD/CHF lower to around 0.8070 during Asian trading on Monday.
Gold Targets $3,950 as Iran War Escalates
Gold oscillates near $4,000 in Asian trading Monday as the US-Iran conflict intensifies, with analysts eyeing a potential pullback to $3,950 amid a light US economic calendar.
Silver Price Rises Toward $57.00 Despite Fed Hike Bets
Silver (XAG/USD) extended gains for a second day, trading near $56.80 per troy ounce in Asian hours, as the metal pushes toward $57.00 despite expectations of further Federal Reserve rate hikes.
US Dollar Index Struggles Near 100.80 Despite Iran Tensions, Fed Hike Bets
The US Dollar Index (DXY) trades around 100.80-100.75, nearly unchanged, failing to gain from Iran tensions and Fed rate hike expectations.
Prop Trading Risks and Account Mechanics Explained in New Guide
A new guide breaks down how proprietary trading accounts operate, the risks involved if losses occur, and key factors for selecting a prop firm that matches a trader's strategy.
USD/CAD Drops to Near 1.4005 as Oil Supports Loonie
The Canadian Dollar edged higher against the US Dollar, pushing USD/CAD down to around 1.4005 during Asian hours on Monday, supported by rising crude oil prices.
USD/JPY Holds Near Four-Decade Low as Intervention Fears Cap Yen
The Japanese yen remains close to a 38-year low against the dollar, with USD/JPY trading in the mid-162.00s on Monday amid thin holiday liquidity and growing caution over possible intervention.
GBP/USD Steady Near 1.3450 as US-Iran Tensions Escalate
The British pound holds around 1.3450 against the US dollar as traders weigh rising US-Iran tensions following the reported death of a third American service member.
PBOC Sets USD/CNY Reference Rate at 6.7948
The People's Bank of China set the USD/CNY central parity rate at 6.7948 on Monday, slightly higher than Friday's fix of 6.7934.
PBOC Holds Loan Prime Rates Steady in July
China's central bank left its one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, respectively, in July, as expected.
EUR/USD Dips as USD Rises on Iran Tensions, Inflation Worries
The euro remains under pressure as the U.S. dollar strengthens amid heightened US-Iran tensions and rising inflation concerns, though the pullback lacks conviction.
AUD/USD Dips Below 0.7000 as US-Iran Tensions Escalate
The AUD/USD pair fell to around 0.6975 during early Asian trading on Monday, breaching the 0.7000 psychological level amid rising geopolitical tensions between the US and Iran.
Week Ahead: Tech Earnings Key for Equities Amid Geopolitical Risks
Oil prices rise but the dollar falls as Middle East tensions persist. US technology earnings, the ECB meeting, and UK news dominate next week's agenda.
CFTC Report: Crowded Shorts Hit Resistance in GBP, CAD, WTI
The latest CFTC data shows a widening gap between futures positioning and spot performance, with GBP short covering confirmed by price action while CAD and WTI extend bearish positioning.
USD/CNH Consolidates with Downside Bias at 6.77 – UOB
UOB strategists note USD/CNH is consolidating around 6.77, maintaining a downside bias toward 6.7600 as long as resistance at 6.7820 holds.
Bank of Korea Hikes Rate to 2.75%, Faster Tightening Ahead
DBS Group Research economist Ma Tieying highlights a hawkish shift by the Bank of Korea after it raised the base rate to 2.75%. The report now expects a faster tightening cycle, with the policy rate reaching 3.25% by year-end.
Silver Hits YTD Low, Recovers but Bears Target $54 Breakdown
Silver (XAG/USD) touched a new year-to-date low before recovering to $56.00, but remains on track for a weekly loss of over 6.5%, with bears eyeing a breakdown below $54.
Mexican Peso Falls on US-Iran Tensions, Safe-Haven Dollar Gains
The Mexican Peso weakened against the US Dollar on Friday, dropping over 0.65% as geopolitical jitters from the US-Iran conflict boosted demand for safe-haven currencies.
Japanese Yen Unmoved by Verbal Intervention – Scotiabank
Scotiabank analysts note USD/JPY remains largely unchanged despite strong verbal intervention from Japan's Finance Minister Katayama, warning of decisive action. Markets remain unimpressed by repeated rhetoric.
Tickmill posts 40% increase in trading volumes for 2025 to $2.36 trillion
Tickmill reported a record-breaking 2025 with a 40% rise in average monthly trading volume and total client trading volume reaching $2.36 trillion.
Exclusive: Tickmill UK expands multi-asset trading through strategic partnership with Interactive Brokers
Tickmill UK launched a multi-asset account through a strategic partnership with Interactive Brokers, giving UK clients access to stocks, ETFs, options, futures and bonds beyond CFDs.