Market news
Crypto, stocks, forex and macro, aggregated for traders.
Silver price dips below $57 as traders await Fed decision
Silver fell 0.43% to around $56.90 on Wednesday, with investors cautious ahead of the Federal Reserve meeting.
Scotiabank: GBP/USD Stuck Around 1.33 as Fiscal Story Weighs
Sterling trades flat near 1.33 with support from improved UK lending figures, but policy concerns cap gains, Scotiabank analysts say.
XTB posts another strong quarter in Q2 2026 although Revenues down 9% to $261M
XTB reported Q2 2026 revenue of PLN 992.6M ($261M), down 9% QoQ, while H1 operating revenue rose 79.7% to a record PLN 2.09B.
BoJ Leans Toward Gradual Tightening as Neutral Rate Debate Continues – ING
ING analysts see the Bank of Japan holding a tightening bias after its June rate adjustment, with most board members assessing the neutral rate at a level that points to further hikes.
Euro Options Point to Downside Risk Against Dollar, Scotiabank Says
Scotiabank strategists note that EUR/USD is rangebound and options markets signal bearish pressure on the euro.
Gold Slips Under $4,000 Mark Ahead of Fed Verdict
Gold prices extended losses on Wednesday, trading near $4,003 as traders turned cautious before the Federal Reserve's policy announcement.
Gold Eases for Third Day, Retests $4000 Support Ahead of Fed and Inflation Data
Gold prices declined for a third consecutive session on Wednesday, falling back to the key $4000 support level. Fading initial diplomatic optimism in the Middle East after fresh U.S.-Saudi strikes added pressure, with traders awaiting the Fed and upcoming inflation figures.
Sterling Steady Below 1.33 as US-Iran Tensions Boost Oil
The British pound held firm but remained below the 1.3300 level against the US dollar on Wednesday, as escalating US-Iran tensions drove oil prices higher.
USD/CAD Stays Range-Bound Near 1.41 as Fed and BoC Decisions Loom
Scotiabank strategists note that USD/CAD is holding a tight range around 1.41, with Canadian dollar moves shaped by rate differentials even as oil prices provide support.
AUD/USD Declines to Near 0.6945 as Soft Inflation Weighs Ahead of Fed Decision
The Australian dollar weakened on Wednesday, with AUD/USD falling 0.4% to around 0.6945. Softer-than-expected domestic inflation data contributed to the decline as markets await the Federal Reserve’s policy decision.
Euro Stalls Below 1.1400 as Markets Await Fed Rate Decision
EUR/USD remains capped below 1.1400 on Wednesday as investors await the Federal Reserve’s interest rate announcement, while Middle East tensions add to market volatility.
Gold Under Pressure as Hawkish Fed Stifles CTA Upside
Gold remains under pressure as markets price in a more aggressive Federal Reserve tightening path, capping the upside for commodity trading advisors, according to TD Securities.
EUR/CHF Hits Seven-Month High as Swiss Franc Remains Under Pressure
The euro extended gains against the Swiss franc, reaching its strongest level in nearly seven months, as low Swiss interest rates continue to weigh on the currency.
XTB Analyst Lifts 2026 Profit View 50% After Three Quarterly Forecast Misses
Noble Securities analyst Mateusz Chrzanowski lifted his 2026 net profit estimate for XTB to PLN 1.5 billion, 50% above his previous forecast, following a record first quarter and elevated volatility.
Fed to hold rates steady, but hike possible as oil prices rise
The Federal Reserve is widely anticipated to pause its rate-hiking campaign on Wednesday, though officials are not ruling out further tightening if rising crude oil costs push inflation higher.
SNB Rates Seen on Prolonged Hold, Commerzbank Says
Commerzbank analyst Michael Pfister says subdued imported inflation and low exchange rate pass-through give the Swiss National Bank little reason to tighten, pointing to a prolonged hold on interest rates.
UOB Model Sees SGD NEER 1.68% Above Midpoint, Guides 1.40-1.90% Range
UOB's Singapore dollar NEER model estimates the index at 1.68% above its policy band midpoint, with a projected range of 1.40% to 1.90% today.
GPIF Hires Active Bond Managers, Yen Could Get Support
Japan’s Government Pension Investment Fund has hired active domestic bond managers for the first time in five years, a move BNY’s Geoff Yu says could lend support to the Japanese yen.
BNY’s Yu: Stretched USD positioning may cap gains ahead of FOMC
BNY strategist Geoff Yu notes strong recent dollar demand is meeting stretched positioning, potentially limiting further upside as the Fed meeting approaches.
British Pound Consolidates Against Yen Before Central Bank Decisions
GBP/JPY is trading in a narrow range near multi-year highs as markets brace for upcoming policy announcements from the Bank of England and Bank of Japan.
Soft Australia CPI Data Dims RBA Rate Hike Prospects, Weighs on Aussie
Australia’s second-quarter CPI and June headline inflation came in below expectations, easing pressure on the Reserve Bank of Australia to raise rates and pushing the Australian dollar lower.
“We Didn’t Choose Lisbon for Back-Office Convenience,” Says Trade Nation Portugal CEO Luis dos Santos
Trade Nation has secured a license from Portugal's CMVM and plans to expand across Europe from its Lisbon hub. CEO Luis dos Santos discusses regulation, hiring, and targeting mid-to-high-end clients.
Fed Expected to Hold Rates Steady, Hawkish Stance May Boost Dollar: BBH
Brown Brothers Harriman expects the FOMC to keep rates unchanged at 3.50%–3.75% for a fifth meeting, which could provide support for the U.S. dollar.
Rabobank Says Fed Uncertainty Clouds Yen Recovery Against Dollar
Fed policy risks, including Chair Warsh's stance on forward guidance, threaten the Japanese Yen's recovery against the U.S. Dollar, according to Rabobank strategist Jane Foley.