Market news
Crypto, stocks, forex and macro, aggregated for traders.
Won Extends Gains Amid Intervention Talk; USD/KRW Dips to 1,430
The South Korean Won continues to appreciate against the US Dollar, with USD/KRW sliding 0.1% to 1,430 as intervention talk supports the currency, according to Commerzbank.
IG Group Names Andrew Biggs Chief Executive of IG Securities
IG Group has promoted Andrew Biggs to chief executive of IG Securities months after he joined the broker as trading director. Biggs previously headed Finalto Trading before moving to IG.
LMAX’s Omnia Partners With Monavate to Power Global Payments
LMAX Group's Omnia Exchange has partnered with payments platform Monavate to improve digital asset settlement and execution for global businesses via a single API.
USD/SGD Break Below 1.2790 Could Extend Singapore Dollar Rally – UOB
UOB analysts suggest a move below 1.2790 in USD/SGD could trigger further Singapore dollar strength, following a flat Tuesday session.
Mexican Peso Extends Nine-Day Rally on Jobs Data, Easing Gulf Tensions
The Mexican peso strengthened for a ninth straight session on Wednesday, with USD/MXN falling to 17.24 as softer US jobs data and easing Gulf tensions weighed on the dollar.
Asian Currencies Face Repricing Risk as Policymakers Push Back on Weakness
Asian currencies may encounter repricing risk as global policymakers increasingly resist competitive currency weakness, according to DBS economist Philip Wee.
Euro Strengthens as Weak US Jobs Data Weighs on Dollar
EUR/USD advanced to near 1.1560 on Wednesday after a disappointing US labor market report undermined the dollar.
Silver Surges Above $60, Tests 50-Day SMA as Dollar Weakens
Silver prices jumped more than 4% to above $60, testing the 50-day simple moving average. Softer US jobs data pushed the dollar lower, though gains were capped by resilient services sector activity.
Scotiabank: GBP/USD Range Trade Holds Ahead of Q2 GDP
Scotiabank strategists see the British Pound trading slightly firmer versus the Dollar, supported by better PMIs but with a fading fundamental backdrop as 2-year spreads retreat.
Gold jumps nearly 4% to seven-week high as dollar slips, Iran-US deal hopes grow ahead of NFP
Gold surged 3.8% on Wednesday, hitting $4,232 — its highest since June 18 — as the dollar weakened and US yields stalled. Optimism over an Iran-US deal and pre-NFP positioning fueled the rally.
Swiss Franc Strengthens as Weak US Data Dampens Fed Hike Bets
The Swiss franc rose against the dollar on Wednesday after disappointing U.S. economic data softened hawkish Federal Reserve expectations.
Silver Surges Past $60 to Hit Over One-Month High
Silver prices broke above $60 on Wednesday, flirting with $63 and reaching the highest level in over a month as hopes for a US deal boosted market optimism.
AUD/USD Gains Momentum but 0.7000 Resistance Holds Firm
The Australian dollar is showing increasing upward momentum, yet struggles to break above the 0.7000 level, keeping the outlook neutral to cautiously bullish.
Gold Extends Gains as Stock Rally Pauses
Gold prices rise amid a brief respite in the equity rally, with geopolitical and macro conditions offering rare support for risk sentiment today.
Japanese Yen Consolidates as Weak US Data Offsets Yen Caution
USD/JPY trades around 157.65 on Wednesday, little changed, as a softer US dollar is countered by cautious sentiment toward the Japanese yen.
Dollar slips as weak ADP jobs data eclipses hot services PMI
The US Dollar Index fell 0.15% to around 99.80 on Wednesday as a sharp drop in ADP employment outweighed a strong ISM services reading, raising stagflation concerns.
British Pound Gains as Soft ADP Data Weighs on Dollar Ahead of NFP
The British pound rose 0.12% on Wednesday as the US dollar weakened following softer-than-expected US jobs data, despite solid services sector activity. Traders await Friday’s nonfarm payrolls report.
etoro expands its F1 presence with Pierre Gasly partnership
eToro has announced a collaboration with Formula One driver Pierre Gasly, expanding its existing partnership with the BWT Alpine Formula One Team.
Silver Surges 4% as Soft ADP Data Cools Rate Hike Bets; Weekly Trend Bearish
Silver (XAG/USD) jumped more than 4% on Wednesday after weaker-than-expected US ADP employment figures and signs of easing energy-driven inflation prompted traders to pare back Federal Reserve rate hike expectations, though the weekly outlook remains bearish.
Australian Dollar Edges Higher on Soft US Data, Risk-On Mood
AUD/USD rose to around 0.7060 as weaker US economic figures and improved risk appetite weighed on the greenback.
Euro Holds Steady Near Fair Value in 1.15-1.16 Range, Scotiabank Says
Scotiabank strategists note EUR/USD is trading close to fair value based on 2-year yield spreads, with constructive fundamentals supporting the recovery.
eToro Signs Formula One Driver Pierre Gasly Following Alpine Team Partnership
eToro has signed Formula One driver Pierre Gasly, extending its 2026 sponsorship of the BWT Alpine team with live events, podcasts and social media content.
Brazilian Real Inflows Near Post-COVID Highs, Supporting Carry Trade
BNY strategist Geoff Yu reports that portfolio inflows into Brazil are at their highest since the pandemic, driven by demand for equities and government bonds, underpinning the real’s carry appeal ahead of the Selic decision.
Euro Edges Higher After Weak US Labour Data, Cheaper Oil Dampen Rate-Hike Outlook
EUR/USD moved modestly higher on Wednesday as softer-than-expected US jobs figures and falling oil prices reduced the urgency for further Federal Reserve tightening.