AUD/USD remains offered; supported by 0.7100

AUD/USD remains offered; supported by 0.7100

AUD/USD adds to Monday’s retracement, although it manages well to keep the trade above the 0.7100 yardstick ahead of the opening bell in Asia. Once again, the softer tone in spot follows decent gains in the Greenback amid rising bets for a Fed rate hike on Wednesday.

EUR/USD trades on the back foot near 1.1550

EUR/USD trades on the back foot near 1.1550

EUR/USD remains on the defensive on Tuesday, building on Monday’s decline and hovering around the mid-1.1500s. The US Dollar’s constructive tone continues to weigh on the pair prior to the key FOMC event on Wednesday. So far, investors continue to price in a 25-bps rate hike by the Fed.

Gold set to fall toward $4,000 as Warsh faces a Fed rate-hike dilemma

Gold set to fall toward $4,000 as Warsh faces a Fed rate-hike dilemma

As the Federal Reserve monetary policy announcement approaches and the Middle East war intensifies, the US Dollar resumes its advance. Gold price posted a tepid attempt to recover its shine in early August, but with renewed USD demand, the bright metal faltered miserably and is now closer to the $4,000 mark than the encouraging $4,700 peak from a month ago.


Bitcoin pulls back as valuation ceilings hold while XAU weakness persists

Bitcoin pulls back as valuation ceilings hold while XAU weakness persists

Bitcoin (BTC) corrects alongside the broader cryptocurrency market on Tuesday as selling persists ahead of the United States (US) Federal Reserve (Fed) monetary policy decision. Market participants expect the central bank to raise interest rates to 3.75%-4.00% on Wednesday, potentially weighing on risk assets.

LATEST NEWS

More Latest News

DEEPER DIVE

Venezuela’s 65-billion-barrel Oil deal could reshape America’s inflation fight

Venezuela’s 65-billion-barrel Oil deal could reshape America’s inflation fight

The United States (US) has secured unprecedented access to part of Venezuela’s vast Oil reserves. The timing is particularly significant as the war with Iran is disrupting Middle Eastern supplies, keeping energy prices elevated and reviving concerns about inflation.
Canada's 6.4% unemployment rate: Why Friday's jobs print puts the BoC's slack story on trial

Canada's 6.4% unemployment rate: Why Friday's jobs print puts the BoC's slack story on trial

The Bank of Canada held at 2.25% on Wednesday for a seventh straight meeting and rewrote the one paragraph that still argues against a hike. In July, the BoC’s statement called the labour market soft and pinned the unemployment rate inside a 6.5%-7% range it had held since the end of 2024. July's Labour Force Survey then printed 6.4%.

2% wages: Why Canada’s weak jobs data strengthens the BoC’s stance

2% wages: Why Canada’s weak jobs data strengthens the BoC’s stance

Canada lost nearly 42K jobs in August against forecasts for a 15K gain, and the unemployment rate stayed at 6.4% anyway. Wages grew 2% on the year, the slowest since November 2017 outside the pandemic years.

CRYPTOCURRENCIES

Ripple slips as liquidity improves, ETF inflows return

Ripple slips as liquidity improves, ETF inflows return

Ripple (XRP) is losing strength, trading below $1.40 on Tuesday. Although minor, the correction comes after a sharp move toward $1.50 the previous day and aligns with a lethargic outlook in the broader crypto market.

Top Altcoins Price Forecast: Ripple, Cardano, Hyperliquid – Easing bullish momentum sparks downside risks

Top Altcoins Price Forecast: Ripple, Cardano, Hyperliquid – Easing bullish momentum sparks downside risks

Top altcoins, including Ripple, Cardano, and Hyperliquid, are trading in the red on Tuesday, with roughly 2% losses so far. The altcoins are facing downside pressure ahead of the CLARITY Act cloture vote scheduled for Tuesday.

Crypto Today: Bitcoin, Ethereum and XRP stall ahead of key CLARITY Act vote

Crypto Today: Bitcoin, Ethereum and XRP stall ahead of key CLARITY Act vote

Cryptocurrency prices are under pressure on Tuesday, with Bitcoin retreating below $77,000. This pullback comes on the heels of last week's failed breakout and is echoed across major altcoins, as Ethereum and Ripple both slip below key psychological levels at $2,500 and $1.40, respectively.

STOCKS

US stocks dive on Monday as CEOs mull AI 'slowdown', soaring Oil and Fed hike

US stocks dive on Monday as CEOs mull AI 'slowdown', soaring Oil and Fed hike

The US stock market is taking a step back on Monday as investors retreat in light of a multitude of scary headwinds. Over the weekend, the leading CEOs of US AI shops agreed that progress on AI models should be slowed down in order to introduce safeguards to frontier models — an event that threatens to curtail the growth outlook for many leading AI industry suppliers.
Nasdaq 100 rebound looks strong… or is it just a trap?

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: To hike or not to hike? Kevin Warsh between a rock and a hard place

EUR/USD: To hike or not to hike? Kevin Warsh between a rock and a hard place

The EUR/USD pair settled around 1.1600 for a third consecutive week, unable to find a clear way despite key macroeconomic headlines. The pair held within a tight 100-pip range for the second week in a row, as speculative interest awaits the Federal Reserve (Fed) monetary policy announcement scheduled for Wednesday.
Global inflation watch: Muted momentum outside of energy

Global inflation watch: Muted momentum outside of energy

Overview: Inflation in August came in broadly as expected in both the US and euro area. Momentum in underlying inflation remained muted on both sides of the Atlantic (see chart). Rising energy prices, particularly European gas futures, have moved up near-term inflation expectations.
Gold: Fed rate call and dot plot key for next directional action

Gold: Fed rate call and dot plot key for next directional action

Gold (XAU/USD) struggled to shake off the bearish pressure as US Treasury bond yields climbed higher this week. Investors gear up for the Federal Reserve’s (Fed) critical policy meeting, which could trigger the next directional action in the precious metal.
Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
US Dollar: No country for soft landings

US Dollar: No country for soft landings

There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior week’s retracement and at some point flirted with the area of four-month lows.
Week ahead – Dollar at a crossroads as CPI and ECB take centre stage

Week ahead – Dollar at a crossroads as CPI and ECB take centre stage

Dollar direction hinges on US CPI and the ECB decision. Treasury buybacks in focus; could fuel another rally in gold and bitcoin. Yen strength may be challenged by a strong US CPI report.



EDUCATION

How economic uncertainty changes bullion buying patterns across generations

How economic uncertainty changes bullion buying patterns across generations

When the economy becomes uncertain, investors react differently depending on their goals and circumstances. But, generally, periods of high inflation, market volatility, or geopolitical tension push investors to look beyond traditional assets for ways to diversify and manage uncertainty.

You’re watching pre-market levels wrong [Video]

You’re watching pre-market levels wrong [Video]

If you trade NQ, you’ve probably been told to watch the pre-market high and pre-market low. That part is easy. The harder question is: what are you actually supposed to do when price gets there? Most traders react too quickly, and that’s usually where the trouble starts.

PRESS RELEASES

International Trading Institute expands professional trader development beyond the Master’s in trading

International Trading Institute expands professional trader development beyond the Master’s in trading

The International Trading Institute (ITI) has expanded its education offering beyond its flagship Master’s in Trading, creating a broader set of professional development pathways for traders at different stages of experience.

Reimagining finance: DIFC to convene global leaders across banking, private markets, asset management, FinTech, public policy and sustainability at Dubai Future Finance Week

Reimagining finance: DIFC to convene global leaders across banking, private markets, asset management, FinTech, public policy and sustainability at Dubai Future Finance Week

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has confirmed the programme for the inaugural edition of the Dubai Future Finance Week.

FxPro launches Weekend Trading on popular global markets

FxPro launches Weekend Trading on popular global markets

New 365 instruments allow clients to trade Gold, Silver, Oil, Natural Gas and Nasdaq throughout the weekend.

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