EUR/USD stays below 1.1600 despite upbeat sentiment data
EUR/USD struggles to gain traction and trades below 1.1600 in the European session on Tuesday, even after the data from the Eurozone and Germany highlighted improving economic sentiment in August. The US Dollar (USD) benefits from the risk-averse market atmosphere as tensions in Middle East remain high, making it difficult for the pair to turn north.
GBP/USD holds losses below 1.3550 after weak UK jobs data
GBP/USD holds losses below 1.3550 in European trading hours on Tuesday. The UK ILO Unemployment Rate held steady at 4.9% in the three months to June, against a forecast of 4.8%, while Employment Change arrived at 83K in the same period versus 147K previous. Weak UK labor data keep the British Pound under pressure, driving the pair lower.
Gold sticks to losses below $4,400 as USD recovers further from two-month low
Gold remains depressed below the $4,400 mark through the first half of the European session, snapping a two-day winning streak amid a broadly firmer US Dollar. Inflation risks stemming from higher oil prices back the case for at least one interest rate hike by the US Federal Reserve in 2026.
Pi Network holds steady amid app studio costs surge to push user adoption
Pi Network extends a consolidation range capped below $0.0900 holding above the $0.0839 support level. PI token remains under pressure as the Core Team pushes for real user adoption by raising costs for AI-powered app creation, effective from August 24. Leverage-linked risk exposure eases as Open Interest declines despite an increase in social interest.
DEEPER DIVE
Why is Crude Oil priced for a reopening the ships haven't made?
Türkiye: From currency crisis to inflation culture
The earlier Central Bank of the Republic of Turkey (CBRT) helped break the Lira. Today's CBRT has contained much of the direct exchange-rate pass-through, but it has not yet broken the inflationary habits the currency collapse left behind.
911 million shares freed: Why SpaceX rallied into its own supply
The most heavily trailed supply event of the year landed on August 6, and the SpaceX (SPCX) stock went up. Roughly 911.5 million shares held by insiders and early backers became eligible to trade, around 43% more than the entire float sold at the listing.
CRYPTOCURRENCIES
Ripple and Stellar outlook: Remain under bearish pressure as corrective declines cap upside
Ripple and Stellar remain under pressure as broader market uncertainty and weak technical momentum weigh on both altcoins. XRP is hovering below the key $1 mark on Tuesday while XLM continues its corrective decline below $0.157.
Crypto Market Overview: Bitcoin rebounds while Polygon, Zcash lead gains
The broader cryptocurrency market shows a mild easing in the persistent risk-off sentiment, with Bitcoin rising above $64,000. Polygon and Zcash have emerged as top performers over the last 24 hours, with bulls eyeing further gains. CoinMarketCap’s Fear and Greed Index at 40 on Tuesday suggests a mild recovery from risk-averse conditions.
US Treasury seeks public comments on proposed rules implementation under GENIUS Act
The US Department of the Treasury is seeking public opinion on its proposed framework for implementing key provisions of the Guiding and Establishing National Innovation for US Stablecoins Act, which establishes a regulatory framework for stablecoins.
STOCKS
Will the S&P 500 stay at the top?
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
India's top traders and investors will gather at Money Expo India 2026
With just two weeks to go, Money Expo India 2026 is set to bring the financial industry together at Jio World Convention Centre, Mumbai, on 29–30 August 2026.
Versus Trade celebrates Merdeka with exclusive trading rewards for Malaysian traders
Every year on 31 August, Malaysia celebrates Merdeka, a day that represents independence, ambition, and the confidence to shape your own future.
Weltrade officially launches in South Africa under FSCA licence
The global CFD broker brings 20 years of industry experience and an award-winning product offering to one of Africa's most active retail trading markets.