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Gold Reclaims $4,050 as US Pauses Iran Strikes
Gold price rises to around $4,060 early Monday, buoyed by reduced geopolitical tensions after reports that President Trump halted military action against Iran.
Japanese Yen Surges Past 155.50 on US-Japan Joint Intervention
The Japanese yen rallied sharply above 155.50 against the dollar after Japan announced a joint currency intervention with the United States, pushing USD/JPY to its lowest since early May.
Japan’s Mimura Says Joint Intervention May Be Peak of US-Japan FX Partnership
Japan's top currency official Atsushi Mimura suggested that any coordinated exchange-rate intervention with the US could represent the high-water mark of bilateral currency cooperation.
Japan's Katayama Confirms Coordinated Yen-Buying Intervention with US
Finance Minister Satsuki Katayama stated that Japanese authorities, in coordination with the US, intervened on Friday to purchase yen. Tokyo remains ready to act again alongside Washington.
Japanese Yen Softens as USD/JPY Recovers to 157.65
The USD/JPY pair rebounded to near 157.65 in early Asian trading, breaking a three-day decline, as the yen weakened and traders monitored potential further US-Japan joint currency intervention.
AUD/USD Climbs Toward 0.7050 on Easing Iran Tensions
The Australian dollar advanced against the greenback in early Asian trading Monday, buoyed by improved risk appetite after the US held back on strikes against Iran.
Middle East Geopolitics and Chokepoint Tensions Drive Weekly Volatility
Rising tensions in the Middle East, focusing on key maritime chokepoints like the Strait of Hormuz and Suez Canal, are the dominant theme driving market volatility this week.
CFTC data shows EUR and JPY bearish positioning hits fresh extremes
The latest CFTC Commitments of Traders report reveals that speculative selling in the euro and Japanese yen pushed positioning to new bearish extremes, while WTI crude oil saw short covering despite falling prices.
OneRoyal Review: Raw Spreads from 0.0 Pips, $5 Minimum Deposit
A new review examines forex broker OneRoyal, noting its raw spreads starting at 0.0 pips and a minimum deposit of just $5. The test weighs both positives and negatives.
Weekly Recap: IG Bets $1.3B on Prediction Markets; Squared Financial's Offshore Operations Stall
IG Group is buying prediction market operator Underdog for up to $1.3B, LMAX is reportedly exploring a $5B Nasdaq listing, and Squared Financial's Seychelles arm appears to have stalled.
NZD/USD Bulls Target 0.6000 After Clearing 200-Day SMA
The New Zealand Dollar extends gains above 0.5850, supported by risk appetite and USD weakness, with the 200-day SMA breakout opening the path to 0.6000.
US Dollar Faces Labor Market Test After Hawkish Fed Divide
After a hawkish Fed split drove the dollar lower in late July, the first week of August brings key US jobs data that could determine if the greenback recovers.
Bulls defend 50-day SMA in USD/CHF on intervention talk
USD/CHF rebounds from weekly lows as the US Treasury reportedly signals more FX actions ahead.
Gold Declines as Dollar Rebounds, US Yields Jump After Japan Intervention
Gold prices fell nearly 1.5% on Friday as U.S. yields surged and the dollar recovered from a 30-day low. The move followed Japan's intervention in the FX market a day earlier, which had initially driven the greenback lower.
DXY struggles near 100 after suspected Japanese intervention
The US Dollar Index is having trouble holding an early recovery on Friday, trading near the 100 level. Suspected Japanese FX intervention and the chance of direct US action are keeping the greenback under pressure.
Fed's Barkin Says It's a Close Call if Rates Are High Enough
Richmond Fed President Tom Barkin said Friday it is uncertain whether current interest rates are restrictive enough to bring inflation back to 2%, describing the decision as a "close call."
Euro Rises on Firm Eurozone Inflation, But Fed Rhetoric Caps Gains
The euro recovered ground against the dollar after data showed Eurozone inflation remained resilient, but hawkish Fed comments limited upside, keeping EUR/USD around the 1.1530 area.
Five Underappreciated Drivers Behind Gold’s Rally
The gold price surge is often blamed on inflation, but a deeper analysis reveals several other factors at play.
US Dollar Slips to Six-Week Lows as Geopolitics and Fed Shape Outlook
The US dollar traded mostly lower this week, briefly touching six-week lows, as traders weighed inflation data, Federal Reserve policy expectations, and ongoing Middle East tensions.
Silver Consolidates Above $55 as Bearish Pressure Fades
Silver prices hover near $57.50 on Friday, down 2%, but downside momentum is easing as the metal holds above the $55 mark.
USD/CAD turns bearish after five-wave decline, eyeing deeper correction
USD/CAD broke below key 4-hour trendline supports and completed a five-wave decline from recent highs, signaling a potentially deeper bearish correction. A short-term recovery toward 1.4120–1.4160 may precede further selling.
Sterling steady near 1.3458 as dollar recovers from intervention slide
GBP/USD traded near 1.3458 on Friday, holding most of Thursday's surge, as the dollar attempted to recover from a 30-day low after intervention flows weakened the greenback.
Consob Blocks Six Illegal Websites in Latest Crackdown on Financial Fraud
Italy's Consob has ordered a new round of website blocks targeting unauthorised investment platforms, bringing its total blocks since July 2019 to 1,799.
USD/CHF Trims Gains as Dollar Struggles After Suspected Yen Intervention
USD/CHF pared earlier advances on Friday. The US dollar struggled to regain footing after a sharp drop the previous day, tied to suspected Japanese intervention in the yen.