EUR/USD consolidates near 1.1550 amid Mideast tensions
EUR/USD keeps its range near 1.1550 in the European session on Monday, holding the retreat from fresh highs since June 17, touched in reaction to the disappointing US jobs data on Friday. Renewed Middle East tensions lend support to the safe-haven US Dollar, capping the pair's upside attempts amid improved Eurozone sentiment data.
GBP/USD treads water around 1.3400 as Hormuz risks lift USD
GBP/USD trades with caution around 1.3400 in European trading on Monday, away from an over three-week high, or levels just above the 1.3500 psychological mark touched on Friday. The pair faces headwinds from a modest US Dollar rebound as investors rush to safety amid renewed jitters on the reopening of the Strait of Hormuz and US-Iran talks.
Gold holds gains near $4,350; remains below June 17 high
Gold reverses a modest intraday dip, and climbs to the top boundary of its daily range, closer to the $4,350 level in the European session. The commodity, however, remains below its highest level since June 17, touched on Friday, following the release of the US Nonfarm Payrolls report.
Pi Network: Mild bearish bias caps PI corrective rebound
Pi Network extends losses Monday after a bearish close the previous day, as price remains capped below the $0.1000 psychological threshold. Speculative demand for PI is low, with Open Interest holding above $9 million as broader market sentiment improves. The technical outlook for PI indicates a mild bearish bias as the $0.0961 resistance level remains intact.
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
Cardano Price Forecast: Bulls eye a second leg higher as whales buy
Cardano trades above $0.196 at the start of the week after posting double-digit gains over the past two weeks. ADA’s bullish price action is supported by steady whale accumulation. Meanwhile, derivatives sentiment is showing a slight bullish tilt, suggesting a second leg higher for ADA.
Shiba Inu Price Forecast: SHIB defends key support level amid possible whale support
Shiba Inu price edges higher, bouncing off a key support level near $0.00000462. The meme coin shows early signs of renewed whale support, while retail demand holds firm, with rising Open Interest and funding rates. The technical outlook for SHIB indicates a mild bullish bias, supported by the intraday recovery.
Top 3 Price Prediction: BTC bulls strengthen, ETH eyes breakout, XRP rebounds
Bitcoin and Ethereum show signs of strength as bulls defend key support on Monday after gaining 2% and 1.3% in the previous week. Meanwhile, Ripple recovers mildly at the start of the week after sliding over 5% last week.
STOCKS
Job market and broadening rally
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
STARTRADER in Discussions with Trustpilot to Consolidate Review Profiles
DUBAI, UAE, August 7th, 2026, FinanceWire
TabTrade (Mauritius) Ltd Granted Investment Dealer Licence by the Financial Services Commission of Mauritius
The Commission issued the licence on 2 July 2026 under Section 29 of the Securities Act 2005, licence number GB26206419.
STARCARES revamps basketball court at the University of Lagos for future healthcare professionals
The revitalised basketball court gives approximately 2,000 future healthcare professionals a dedicated space to recharge, connect, and build community activities beyond their academic training.