The past week was anything but quiet for global markets, even if headline price moves in currencies looked muted. Beneath the surface, three powerful narratives are colliding: political turmoil in the U.S. that threatens the independence of its central bank, a legal battle that could reshape global trade policy, and a relentless equity surge in … Read more

Investor sentiment in Asia opened the week on a mixed note, with traders weighing better-than-expected Chinese manufacturing data against fresh signs of weakness in other export-driven economies. Hong Kong shares found support after the private RatingDog survey showed China’s manufacturing sector returning to mild expansion in August, offering some relief for a market battered by … Read more

Euro is leading the foreign exchange market today, staging a solid recovery from last week’s weakness. Investors are clearly positioning back into the single currency, but the rally has yet to find a convincing fundamental driver, leaving momentum somewhat constrained. Political uncertainty in France is also serving as a cap on Euro gains. The minority … Read more

The Australian dollar is in negative territory on Wednesday. In the European session, AUD/USD is trading at 0.6468, down 0.40% on the day. Australian CPI jumps to 2.8% Australia’s CPI for July surprised on the upside, jumping to 2.8% y/y. This followed a 1.9% gain in June and was above the market estimate of 2.3%. … Read more

Market Overview The crypto market capitalisation has increased by almost 2% to $3.86 trillion over the past 24 hours due to the traction of major altcoins such as Ethereum (+4%), XRP (+3%), Solana (+7.8%), and Dogecoin (+4.9%). Crypto enthusiasts were expecting a different altcoin season, but it is still worth noting their outperformance relative to … Read more

EURUSD has fallen back below 1.1600, quickly losing Friday’s momentum and forming its third lower local peak since the beginning of July. Trade flows and expectations of weaker growth due to tariffs could bring the pair back to the lows of the end of last year or push it below parity. 🟦 Blue line – … Read more

Like other FX pairs, USDJPY has been held in a tight range for the past two full weeks. There is a lack of clarity regarding the outlook for US cuts due to contradicting data, supplemented by Markets having digested a more balanced/dovish tone from Powell rather than a fully dovish one (from a more balanced/hawkish … Read more

Markets French yields remained at the center of attention. Since prime minister Bayrou called a budget-related confidence vote for September 8, OATs have underperformed not only vs. Bund & swap but even vs. Italian BTPs. That continued today, be it at a less alarming pace than on Monday. Some French tenors including the 5-year one … Read more

EURCAD: ⬇️ Sell EURCAD reversed from resistance zone Likely to fall to support level 1.6000 EURCAD currency pair recently reversed down from the resistance zone lying at the intersection of the upper daily Bollinger Band and the two daily up channels from July and May respectively. The downward reversal from this resistance zone created the … Read more

GBPCAD: ⬇️ Sell GBPCAD reversed from long-term resistance level 1.8700 Likely to fall to support level 1.8500. GBPCAD currency pair recently reversed down from the resistance zone between the upper daily Bollinger Band and the strong multi-month resistance level 1.8700 (which has been reversing the price from March). The downward reversal from this resistance zone … Read more