EUR/USD hits fresh three-month highs above 1.1700
EUR/USD is at its highest level in three months, above 1.1700, in European trading on Thursday. The pair regains traction as the US Dollar resumes its downside, led by the US Treasury's bond buyback plan.. US Jobless Claims data are next in focus amid lingering Iran risks.
GBP/USD approaches May highs near 1.3650 on renewed USD selling
GBP/USD approaches the May high, while trading near 1.3650 in the European session on Thursday. The US Dollar slips again even as markets assess whether the US Treasury buyback will be a game-changer. Attention now remains on US data and Middle East headlines for further trading impetus.
Gold stays in red below $4,500 despite resurgent USD supply
Gold sticks to modest intraday losses and remains below the $4,500 mark in the European session on Thursday. Despite geopolitical uncertainties, the US Dollar loses ground again, resuming the previous day’s slump to a three-month low.
Bitcoin extends gains above $71,000 as liquidity conditions improve
Bitcoin extends its gains, inching toward $72,000 on Thursday, as crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations. The move has sharply improved market sentiment and liquidity conditions, helped trigger a short squeeze, and overall provided a positive catalyst for the broader crypto market.
DEEPER DIVE
$20 billion offered, $2 billion taken: Why Treasury doubled its buyback cap
The US Treasury moved off its own calendar on Wednesday, and that is the part worth sitting with. At 12:32 GMT, the department said it would at least double the size of liquidity support buyback operations in the 10-year to 20-year and 20-year to 30-year sectors, lifting the maximum from $2 billion per operation to at least $4 billion, effective September 9 and running to November 4.
Why credit markets aren’t pricing $570B of AI debt
Forecasts put global artificial intelligence (AI) related debt issuance near $570 billion this year, with roughly $236 billion of it priced by the end of May at four times the prior year's pace.
$4,500 about to give up: Why Gold can reconquer its safe-haven status
CRYPTOCURRENCIES
Crypto liquidations near $2 billion as US Treasury debt buyback sparks short squeeze
Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains
Ripple and Stellar outlook: Extend gains as expanded US Treasury buybacks trigger crypto short squeeze
XRP and Stellar extend their rallies on Thursday as improving liquidity conditions fuel a broader surge across the cryptocurrency market. XRP trades above $1.08, while XLM approaches the key $0.177 resistance level following surges of more than 10% and 9%, respectively, the previous day.
STOCKS
iQSTEL Inc. (IQST) reports Q2 loss, tops revenue estimates
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: War escalation can bring back US Dollar demand
Why SpaceX bonds disagree with the stock
Gold: Mideast stalemate keeps bullish potential in check
Bitcoin: Hormuz uncertainty clouds BTC outlook
US Dollar: Fed hawks circle, but weak data clips the Dollar’s wings
Week ahead – Summer lull could be tested by geopolitics and central bank expectations
US dollar stabilizes as September Fed hike bets remain subdued. Market volatility stays low, but thin liquidity could amplify movements. Key UK data could challenge pound strength; euro craves bullish catalysts.
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
PrimeXBT expands swap-free trading to PXTrader 2.0
PrimeXBT, a global multi-asset broker, has expanded its Swap-Free offering to PXTrader 2.0, giving traders access to both Swap-Free and Extended Swap-Free accounts on its proprietary Crypto and CFD trading platform.
STARPRIME completes beta testing of Market-Maker model for retail brokers
The Market-Maker Model developed by STARPRIME has completed an extensive beta-testing phase, working with a select number of clients. The term ‘market maker’ carries a stigma of being a bad actor in our industry. That reputation has identifiable origins, and some of it has been earned.
Freedom Holding marks New Türkiye milestone as Freedom Yatırım secures brokerage license
Freedom Yatırım Menkul Değerler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), has received an operating license from the Capital Markets Board of Türkiye (CMB).