There are three themes dominating currency markets today: a stronger rebound in the Yen, firming Sterling, and a sharp tumble in Kiwi. Moves are being shaped by local economic drivers as well as shifting central bank expectations, setting the stage for a cautious but active session. Yen’s rally came alongside a steep pullback in Japanese … Read more

Key Highlights Ethereum gained over 25% and broke the $4,150 resistance zone. ETH is now well above a connecting bullish trend line with support at $3,700 on the daily chart. Bitcoin price is consolidating gains below the $122,000 resistance. XRP is struggling to gain pace for a move above the $3.40 level. Ethereum Technical Analysis … Read more

In focus today In the US, focus will be on the July CPI report. We forecast headline inflation at 0.2% m/m SA (prior: 0.3% m/m), and core inflation slightly higher at 0.3% m/m SA (prior: 0.2% m/m). With markets now pricing in a September rate cut after a weak jobs report, the CPI will offer … Read more

Trump extended the tariff truce with China, which was set to expire today, by 90 more days, announced that gold will finally not be tariffed, and confirmed that Nvidia and AMD will pay the US government a 15% cut of their Chinese sales. One emerging issue is that China doesn’t want companies to buy Nvidia’s … Read more

Ethereum: ⬆️ Buy Ethereum rising inside impulse wave (3) Likely to rise to resistance level 5000.00 Ethereum continues to rise inside the sharp upward impulse wave (3), which previously broke the resistance zone between the resistance level 4400.00 and the resistance trendline of the daily up channel from June. The breakout of this resistance zone … Read more

After a rough month of July taking the most traded Major pair from 1.1830 highs to a 4-handle correction, the NFP report at the beginning of the month led a huge wave of higher mean-reversion – An end-July daily double top on the pair had brought fresh technical fuel to sell the Euro. August 1st … Read more

Gold prices have seen whipsaw price action today in light of US inflation data and ongoing tariff developments. The precious metal did take out yesterday’s low and continues to edge lower, but whipsaw price action as short while ago saw Gold return to the $3350/oz handle. US CPI Inflation Data The US Consumer Price Inflation … Read more

Key Highlights GBP/USD started a fresh increase above the 1.3350 resistance. A short-term bullish trend line is forming with support at 1.3440 on the 4-hour chart. EUR/USD climbed higher above 1.1620. Crude Oil prices declined below the $65.50 and $65.00 levels. GBP/USD Technical Analysis The British Pound found support near 1.3140 and started a fresh … Read more

Since the recent one-week slide of -5.8% seen on the Hong Kong 33 CFD Index (a proxy of the Hang Seng Index futures) from 24 July 2025 high to 1 August 2025 low, its price actions have been choppy as markets grappled with US tariffs news flow and the possibility of an imminent US Federal … Read more

In focus today Today is a quiet day for data releases, with no significant market movers. Economic and market news What happened overnight In Australia, the Wage Price Index (SA) rose by 3.4% yoy in Q2 2025, matching the previous quarter’s pace and exceeding expectations of a 3.3% increase. An acceleration in both the public … Read more