EUR/USD stays weak near 1.1550 amid US-Iran impasse
EUR/USD struggles to gain any meaningful traction and hovers near the 1.1550 area in the European session. Traders seem hesitant to place aggressive bets and opt to wait for further developments surrounding the Middle East crisis and this week's release of the latest US inflation figures.
Gold off two-month highs, back below $4,400 amid surging Oil prices
Gold retreats from its highest level since June 5 at $4,435, touched earlier this Tuesday, and slides back below the $4,400 mark in European trading. Surging Oil prices, amid the US-Iran impasse on talks to reopen the Strait of Hormuz, rekindled inflation concerns, lending support to the US DOllar at the expense of the non-yielding bullion.
GBP/USD flirts with 1.3500 as USD finds fresh demand
GBP/USD is flatlining near the 1.3500 level in Europe on Tuesday, facing some pressure from renewed US Dollar demand as a safe-haven amid surging Oil prices and inflationary concerns. The focus now remains on the Middle East headlines, with Wednesday's US CPI data the key event risk this week.
Pi Network holds at key support as broader market declines
Pi Network steadies around $0.08745 after two consecutive days of losses, capped below the $0.1000 psychological threshold. Retail demand in PI derivatives remains firm, with Open Interest above $9 million, even as broader crypto market sentiment wanes. Technically, PI faces a steeper correction, as it lacks upside momentum to support a near-term recovery.
DEEPER DIVE
Why the WTI sell-off may be hiding a supply warning
9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?
Where the Pound is headed as war, fiscal cracks and central banks collide
Looking back, 2026 has not been a bad year for the British Pound (GBP). The GBP/USD pair is less than 1% below the year-opening levels, which, comparatively, is far from the worst performance among major currencies, especially considering that a major conflict erupted in the Middle East, Crude Brent oil reached levels above $120, and the UK cabinet collapsed in the meantime, although the latter is not that uncommon.
CRYPTOCURRENCIES
Dogecoin Price Forecast: Bullish divergence, whale accumulation support recovery hopes
Dogecoin shows early signs of a potential recovery, trading near $0.070 at the time of writing as bullish momentum divergence suggests selling pressure may be fading. In addition, whale accumulation and improving derivatives metrics suggest a bullish outlook, hinting at a potential recovery ahead.
Top Altcoins Price Forecast: Ripple hits 20-month low as Cardano and Solana lack momentum
Top altcoins, including Ripple, Cardano, and Solana, are maintaining a bearish tone as the broader market remains risk-averse. XRP is down to a 20-month low, risking a drop below the $1.00 psychological threshold, while ADA and SOL risk losing their recent gains amid a lack of upside momentum.
Ripple and Stellar outlook: Remain under pressure as bearish bias extends
Ripple and Stellar remain under pressure after falling slightly the previous day. XRP gravitates toward the key $1.00 psychological level while XLM slips below the critical support zone. Weakening derivatives metrics for both altcoins cap recovery outlook. Derivatives data shows a bearish bias among traders.
STOCKS
Elliott Wave view: GDX short‑term rally still developing
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: US inflation and war doldrums to keep shaping market’s mood
Why the WTI sell-off may be hiding a supply warning
Gold: Bullish pressure builds on easing Fed rate hike bets
Bitcoin: Can bulls weather the market uncertainty?
US Dollar: Sticky inflation, weaker jobs and hopes of peace
Week ahead – US CPI data, BoJ summary and RBA decision take the stage
EDUCATION
Something has gone completely wrong in enterprise AI
There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.
The psychology of Gold buying during periods of market uncertainty
Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.
PRESS RELEASES
From Promise to Proof: Anvil Demonstrates Secured BNPL at Blockchain Futurist Conference
Toronto, Canada, August 10, 2026 - Earlier this year, Anvil, the universal collateral management layer, and Blockchain Futurist Conference announced a new way for sponsors to reserve spots using digital asset-backed “promises,” (via digital Letters of Credit) instead of paying months in advance.
Bookmap announces partnership with Plus500 to expand futures trading access
Bookmap has announced a new partnership with Plus500, bringing together advanced market visualization with institutional-grade execution infrastructure for futures traders.
Why modern brokers are moving toward operational ecosystems
Brokers replacing fragmented tools with connected ecosystems are gaining real competitive advantage. Discover how YOONIT makes it possible.