Market news
Crypto, stocks, forex and macro, aggregated for traders.
DXY Eyes 99.00 Target After Double Top Breakdown
The US Dollar Index attempts to snap a losing streak on Friday, but technicals point to a drop toward 99.00 following a double top breakdown.
Euro faces upside risks after broad dollar weakness pushes EUR/USD above 1.15 – ING
EUR/USD broke above 1.15 as persistent dollar weakness outweighed the euro's underperformance versus other G10 peers, even with stronger Eurozone data, according to ING’s Francesco Pesole.
XTB Shares Jump 8.6% to Record as Q2 Profit Beats Analyst Forecast
XTB shares jumped 8.6% to a record close after the Warsaw-listed broker posted PLN 492.2 million in Q2 net profit, beating estimates despite lower CFD volumes.
Japan’s MoF Intervenes in FX Market to Support Yen, with US Treasury Backing
Japan's Ministry of Finance stepped into foreign exchange markets to address yen weakness, reportedly with US Treasury support, as Tokyo inflation stabilizes near 2% with upside risks, according to Commerzbank.
EUR/GBP flat as bears test trendline support at 0.8555
The euro is nearly unchanged against the British pound on Friday, with sellers challenging the ascending trendline support from mid-July around 0.8555.
GBP/USD Weakens Below 1.3450, Uptrend Intact
GBP/USD slipped below the 1.3450 level in early European trading on Friday, pressured by safe-haven dollar demand due to geopolitical tensions, though the broader technical uptrend remains in place.
Hedge Fund Bailout Drives KR Tech Recovery; Triple Intervention Eases BOJ
A US hedge fund bailout has catalyzed a sharp recovery in Korean technology stocks, while coordinated currency intervention by the US, Japan, and South Korea reduces the need for Bank of Japan action.
NAGA Introduces VIP Points and Boosts to Reward Its Most Active Members
NAGA launched VIP Points and Boosts, tying six-level VIP status to platform activity and adding temporary boosts plus referral rewards across its regulated entities.
NAGA introduces VIP Points and Boosts to reward its most active members
NAGA has introduced VIP Points and Boosts across its regulated entities, letting traders raise loyalty status through platform activity and temporary level-ups.
USDJPY Plunges to 157.95 After Suspected BOJ Intervention, Weak US Data
The yen surged against the dollar following suspected BOJ intervention, alongside weaker-than-expected US GDP and cooling core PCE inflation data.
Canadian Dollar Weakens as Oil Slides and USD Rebounds on Fed Bets
The Canadian dollar retreated on Friday, snapping a three-day winning streak, as falling oil prices and a firmer US dollar weighed on the loonie.
Rare Japan-South Korea Joint Intervention Lifts Yen and Won
Japanese and South Korean officials stepped in to buy their currencies in the open market in what sources described as a rare and unprecedented coordinated intervention, possibly alongside the United States.
Indonesian Rupiah Weakens as China PMI Data Disappoints
USD/IDR advanced to around 18,120 on Friday, reversing two days of losses, after disappointing Chinese manufacturing data weighed on the rupiah.
EUR/USD Weakens to Near 1.1500 as 100-day SMA Caps Upside
EUR/USD slipped to around 1.1500 on Friday, with the 100-day simple moving average halting gains. Escalating Middle East tensions weighed on risk sentiment, pressuring the euro.
AUD/JPY Recovers as BoJ Holds Rate, Yen Weakens
AUD/JPY extended gains during Asian trading, supported by the Bank of Japan's decision to keep interest rates unchanged, which kept the yen under pressure.
Gold Slips Below $4,100 as USD Strengthens on Fed Rate-Hike Expectations
Gold prices edged lower on Friday, breaking a two-day winning streak, as the U.S. dollar recovered on bets that the Federal Reserve will keep raising rates. The move came despite simmering geopolitical tensions.
XAG/USD Drops Nearly 1% to $58.40 as Dollar Rebounds
Silver fell almost 1% to near $58.40 in Asian trading on Friday, as the US dollar attempted to bounce back from a three-day losing streak.
Yen Weakens as BoJ Holds Key Rate at 1%
The Japanese yen lost ground on Friday after the Bank of Japan left its short-term interest rate unchanged at 1%, lifting USD/JPY back toward 160.80.
Bank of Japan Keeps Interest Rate Unchanged at 1.00%
The Bank of Japan maintained its short-term interest rate at 1.00% as widely anticipated after its two-day policy meeting.
Euro surges past 185 against yen after BoJ holds rates steady
EUR/JPY rose above 185.20 on Friday after the Bank of Japan left its key interest rate unchanged at 1%, as widely expected.
Bank of Japan Keeps Interest Rate Unchanged at 1.00%
The Bank of Japan left its short-term interest rate unchanged at 1.00% as widely expected after its two-day policy meeting.
GBP/USD Drops to 1.3450 as USD Strengthens on Hawkish Fed Pause
GBP/USD fell to around 1.3450 during Asian trading on Friday, snapping a three-day winning streak as the US dollar drew support from a hawkish Federal Reserve hold and internal policy committee divisions.
Gold Forecast: Pullback from Weekly Highs but Eyes End to Losing Streak
Gold dipped from its weekly high of $4,120 early Friday but remains poised to snap a four-month losing streak, with sellers refusing to give up ground.
Australian Dollar Inches Lower After Weak China PMI
AUD/USD slipped to around 0.7020 during Asian hours on Friday after China's NBS Manufacturing PMI came in below expectations, tempering optimism from the prior day's 1% gain.