Hot US GDP Lifts Dollar, Eyes Now on Fed

Dollar strength resumed in early US session after US Q2 GDP blew past expectations with a 3.0% annualized growth rate. The data added further confirmation that the US economy remains remarkably resilient, reinforcing bullish bets on the greenback. Currency markets reacted swiftly, with traders piling back into Dollar longs after briefly taking profit earlier in … Read more

Dollar Dominance Continues Amid Fed Repricing; Trump Secures Korea Deal, Targets India

Dollar remains the clear outperformer this week, holding firm despite mild retreat in Asian session. Stronger-than-expected US Q2 GDP data have prompted a significant paring back of expectations for a September Fed rate cut. Adding to the hawkish tilt, Fed Chair Jerome Powell struck a more guarded tone at the post-meeting press conference. Markets are … Read more

Yen Reverses Hard as Market Doubts BoJ Urgency, Dollar Retains Momentum

Yen’s sharp intraday reversal became the central focus in FX markets today, as traders reassessed BoJ’s latest policy guidance and economic projections. While initial positioning leaned toward hawkish interpretations, especially after last week’s US–Japan trade breakthrough, sentiment quickly pivoted as markets leaned into a more dovish read of BoJ’s inflation outlook. On the one hand, … Read more

Tariff Update Sparks Limited Market Fallout, Dollar Eyes NFP for Further Gains

Asian equities slipped slight today after U.S. President Donald Trump issued a long-anticipated executive order updating tariff rates following the August 1 trade truce deadline. But losses were relatively restrained as many of Asia’s key exporters avoided the harshest duties. While tariffs now top out at 41%, nations like Thailand, Malaysia, and Taiwan saw their … Read more

AUDUSD Weakens as Markets Brace for a Pivotal Week

A fundamental overview of the AUD to prepare for a key week This week is promised to be a major mover for the Forex market, and the AUD is far from being excluded from potential movement. Between Central Bank meetings, including Wednesday’s FOMC and Australia’s Quarterly Inflation data, AUD Traders must stay prepared for the … Read more

Bitcoin Consolidates Gains, But Bulls Remain In Control

Key Highlights Bitcoin rallied above the $115,000 resistance zone before a consolidation phase. BTC/USD is following a declining channel with support at $113,500 on the 4-hour chart. Ethereum climbed higher above $3,800 resistance. XRP price rallied above the $3.20 level and recently corrected gains. Bitcoin Price Technical Analysis Bitcoin price started a fresh increase above … Read more

After Trade Agreement with Japan and EU, August 1 Deadline Becomes Increasingly Irrelevant

Markets European stocks initially welcomed the US-EU 15% trade deal but enthusiasm died out gradually through the session. While avoiding a worst-case no-deal scenario and offering companies something concrete to deal with (ie less uncertainty), extensive talk of a “lopsided” agreement favouring the US began to weigh on sentiment. The French PM Bayrou said it … Read more