Market news
Crypto, stocks, forex and macro, aggregated for traders.
After Over 2 Years at OneRoyal, Dominic Poynter Departs as CCO
Dominic Poynter has stepped down as Chief Commercial Officer at retail FX and CFDs broker OneRoyal. He confirmed the exit on LinkedIn and has not yet announced his next move.
Silver Rises to $65.46 per Troy Ounce
Silver prices climbed on Monday, with XAG/USD trading at $65.46 per troy ounce, up 1.17% from $64.70, according to FXStreet data.
BoJ hike expectations support yen against dollar, MUFG says
MUFG strategists note that Japanese bond yields are climbing even after weak GDP data, with markets focused on further Bank of Japan rate hikes and supporting the yen versus the dollar.
US Dollar Losing Momentum as Fiscal Risks Rise, DBS Says
DBS Group Research’s Philip Wee sees fading momentum in the US dollar as markets reassess US-Japan intervention, shifting BoJ and Fed expectations, and rising US fiscal risks.
UK data-heavy week could trigger BoE repricing, ING says
ING's Chris Turner flags upcoming UK jobs, wages and July CPI data as potential catalysts for repricing Bank of England rate expectations.
EUR/USD Clears 1.1600 as Bulls Hold Above 100-SMA and 50% Fibo
EUR/USD extended last week's rebound from near the 1.1500 psychological level and broke above 1.1600, with bulls retaining control above the 100-SMA and the 50% Fibonacci retracement.
Risk-On Sentiment Builds as Dollar Weakness Supports Equities
The US dollar remains under pressure while the S&P 500, Nasdaq and DAX advance amid improving risk appetite.
BBH: Canadian CPI and US Tariffs Weigh on Loonie Outlook
BBH's Elias Haddad expects Canada’s July CPI to keep core inflation below 2%, reinforcing an extended Bank of Canada stance, while US tariffs add downside pressure on the Canadian dollar.
Polish Zloty Weighed by Slow NBP Hawkish Shift, Commerzbank Says
Commerzbank’s Tatha Ghose flags re-accelerating Polish headline and core inflation, with seasonally adjusted monthly rates above target, undermining earlier NBP rate-cut signals.
British Pound Hits Three-Month High Against Weaker Dollar
GBP/USD climbed to 1.3570, its strongest level in three months, as dollar longs were trimmed and Fed rate expectations turned more dovish.
EUR/USD Holds Eight-Week High as Dollar Weakens
EUR/USD begins the week near 1.1588, its strongest level in eight weeks, supported by dollar weakness after fresh US data revived doubts about US economic stability.
UOB sees downside bias for USD/JPY within 158.00–160.20
UOB strategist Quek Ser Leang notes choppy USD/JPY trading, with the pair near 159.30 and a downside bias in the 158.00–160.20 range.
RBNZ Expected to Hold Rates in September on Softer Inflation
Commerzbank’s Volkmar Baur says softer New Zealand inflation makes a September rate hike by the Reserve Bank of New Zealand unlikely.
New Zealand Dollar Climbs to Two-Month High Past 0.5900
NZD/USD reached the 0.5920 area, its strongest level since early June, as a softer US dollar offset weak Chinese data.
AUD/USD Climbs Past 0.7100 to Highest Since June 5
The Australian dollar extended gains against a broadly weaker US dollar, breaking above 0.7100 despite soft Chinese data.
GBP/USD uptrend intact toward 1.3600 cap, UOB says
UOB's Quek Ser Leang sees GBP/USD keeping its uptrend after a break above 1.3555, with 1.3600 as the next firm resistance.
OCBC: Intervention risk caps yen losses as BoJ hike odds rise
OCBC strategists say September Bank of Japan hike expectations have increased sharply, but the yen has responded only modestly and may need clearer policy commitment to recover further.
Euro tests one-week highs versus sterling near 0.8550
EUR/GBP is trading around 0.8550 and testing one-week highs as the euro holds minor gains against the pound for a third straight day.
Canadian Dollar Faces Data and Tariff Risks, TD Securities Says
TD Securities expects Canadian headline CPI at 2.9% year-on-year for July and core at 1.85%, while flagging potential US Section 338 tariffs on Canadian exports as a key risk for the loonie.
Canadian Dollar Firms as USD/CAD Slides Toward 1.3860
USD/CAD traded near 1.3860 in early European hours Monday as the US dollar gave up ground against the Canadian dollar amid scaled-back Fed rate-hike bets, with CPI data ahead.
Pound Supported by UK Data, But Sustained USD Gains Limited
Brown Brothers Harriman's Elias Haddad says improving UK disinflation and solid Q2 GDP should support sterling against the dollar and euro, while sustained cable upside may be capped.
Gold holds recovery as weak US data dampens Fed tightening bets
Softer US retail sales, weaker consumer confidence, and easing inflation signals are reducing expectations for tighter Federal Reserve policy and supporting gold's recovery.
Commerzbank Sees BOJ Rate Pressure Supporting Cautious Yen Strength
Commerzbank’s Volkmar Baur says solid nominal growth and higher-than-expected inflation should keep pressure on the Bank of Japan to raise rates again, possibly as early as September.
Silver Nears $66 as Softer US Dollar Supports XAG/USD
Silver is trading firmly on Monday, with XAG/USD approaching $66.00 after rebounding from the $63.50 area.