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Indonesian Rupiah Nears Two-Month High on Softer Dollar, BI Clarity
The Indonesian rupiah strengthened to near a two-month high as the US dollar weakened following disappointing payrolls data and Bank Indonesia’s leadership succession became clearer.
Mexican Peso hits 25-month peak vs dollar, nears 17.00
The Mexican Peso rose to its strongest level in over two years against the dollar, with USD/MXN touching 17.08, as markets brace for U.S. July inflation data.
Singapore GDP surges 6.1% on AI demand, StanChart flags positive MAS outlook
Singapore's economy grew 6.1% year-on-year in the first half, driven by AI-related demand, according to Standard Chartered economists. The strength supports the Monetary Authority of Singapore's outlook.
Pound Needs Fourth BoE Dissenter as GBP/USD Stalls Near 1.35
GBP/USD hovered near 1.3500 on Tuesday, edging lower in a 25-pip range with no domestic catalysts. Some say sterling needs a more hawkish MPC voice.
US-Japan Currency Intervention Points to Eroding Dollar Dominance
Last week's coordinated U.S.-Japan FX intervention to support the yen suggests the dollar's reserve status is weakening.
Thai Baht: Benign Inflation Keeps BoT on Hold
Thailand's CPI eased to 2.0% y/y in July, below consensus, suggesting the Bank of Thailand will keep rates steady.
Euro stalls below 100-day SMA ahead of US CPI release
The euro edged slightly lower against the dollar on Tuesday, hovering beneath its 100-day simple moving average, as investors looked ahead to Wednesday’s US consumer price index report that may influence Federal Reserve policy.
USD/CNH Drops After Weak US Payrolls, RMB Nears Multi-Month Highs: OCBC
OCBC analysts say the Chinese yuan has strengthened to near multi-month highs against the dollar, aided by disappointing US employment data.
UOB Sees USD/SGD in Tight Range, Flags Upside Risk for Singapore Dollar
UOB analysts expect USD/SGD to remain rangebound with downside pressure as the Singapore dollar shows upside risk against the US dollar.
RBA holds rate at 4.35%, inflation risks balanced – Standard Chartered
Standard Chartered’s Nicholas Chia says the RBA kept the cash rate at 4.35% in a unanimous decision, with policy risks seen as balanced. The central bank now expects a delayed return of inflation to the midpoint of its 2–3% target.
Sterling Recovery Eyes 1.36 Resistance Against US Dollar – Scotiabank
GBP/USD consolidates near the upper end of one-month and multi-month ranges, with Scotiabank strategists highlighting fading downside risk and a possible test of 1.36 resistance.
DXY Steady Below 100.00 as Markets Await US CPI
The US Dollar Index is trading little changed just under the 100.00 handle ahead of the July US inflation report.
Prop Trading Rules: What Traders Should Know Before Using Other People’s Money
Prop trading is expanding rapidly, and understanding account mechanics, risk, and firm selection is critical. FXStreet’s guide breaks down the essentials every trader should review.
Singapore GDP Growth Revised Up to 5.9% in Q2, UOB Says
UOB economist Jester Koh notes that Singapore's Q2 GDP was revised higher to 5.9% year-on-year and 1.4% quarter-on-quarter, driven by AI-related manufacturing strength.
Silver Price Slips 2.7% as Strait of Hormuz Tensions Weigh
Silver fell sharply on Tuesday, dropping around 2.70% to $64.77, as threats of a prolonged Strait of Hormuz closure overshadowed steady US yields and dollar.
Japanese Yen Holds Steady Above 159 as Traders Await US Inflation Report
The Japanese yen traded flat above 159 per dollar on Tuesday, reversing most of the gains from last week’s intervention, as rising oil prices and a strong greenback weighed ahead of key US inflation data.
Gold slips as dollar firms with US CPI data in focus
Gold prices edged lower on Tuesday, pressured by a firmer US dollar. Investors await key US inflation data and monitor developments around the Strait of Hormuz.
Silver Pauses Recovery Around $65 After Brief Spike Above $66
Silver prices stabilized near $65 during Wednesday's American session, pausing their recovery after briefly breaking above $66 for the first time in nearly two weeks.
Fed’s Goolsbee: Inflation Is the ‘Biggest Problem’ Facing the Economy
Chicago Fed President Austan Goolsbee called inflation the ‘biggest problem’ for the economy, emphasizing that rising prices, not job losses, are the primary challenge.
Aussie Dollar Recovery Stalls at 0.7070 Resistance
The Australian dollar's rebound against the US dollar faces resistance near 0.7070, with the pair struggling to sustain levels above 0.7000.
USD/CHF Buyers Fail to Break 21-Day SMA Ahead of US CPI
USD/CHF holds a modest bid but fails to overcome the 21-day SMA as traders brace for US inflation data.
EUR/USD Holds Consolidation Around Mid-1.15s, Scotiabank Says
EUR/USD remains steady in a narrow range near the mid-1.15s, extending its post-Fed consolidation, according to Scotiabank strategists.
eToro Reports Strong Q2 2026 Results
eToro's Q2 2026 net contribution rose 9% to $229 million and GAAP net income jumped 77% to $53 million. The broker also unveiled plans to buy US brokerage TradeZero.
NZD/USD Steady Near 0.5880 as Geopolitical Risks Limit Moves
The New Zealand dollar was virtually unchanged against the US dollar on Tuesday, holding near 0.5880, as safe-haven demand from Middle East tensions kept the greenback supported.