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USD/JPY hovers around 157.00 amid intervention chatter

USD/JPY remains on the back foot, lingering over the 157.00 region ahead of the opening bell in Asia. The continuation of the pair’s sharp pullback on Monday follows news of US-Japan joint intervention to support the Yen, leaving the door open to potential extra pullbacks in the short-term horizon.

AUD/USD slips back toward the 0.7000 region

AUD/USD fades two daily advances in a row, coming under fresh downside pressure and briefly revisiting the sub-0.7000 zone at the beginning of the week. The pair’s correction comes on the back of a decent bounce in the US Dollar despite geopolitical tensions appear to have subsided a tad in the last few hours. Moving forward, Household Spending figures will take centre stage on the Australian docket on Tuesday.

Gold: The $4,000 mark holds the downside for now

Gold adds to Friday’s pullback, although it remains well underpinned by the key $4,000 threshold per troy ounce on Monday. The US Dollar’s inconclusive price action seems enough to cap the yellow metal’s potential upside, although renewed hopes for a US-Iran peace deal and fading expectations of a Fed rate hike could limit the Greenback’s recovery.

Ethereum Price Forecast: BitMine extends share buyback spree, scoops over 10K ETH

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) continued its share buyback spree last week after repurchasing 4.5 million shares of its common stock. This purchase brings the total stock buyback since July 1 to 16.1 million shares, part of a previously authorized $4 billion repurchase plan.

LATEST NEWS

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DEEPER DIVE

Three central banks held rates this week. Here's what has them all worried

The Federal Reserve (Fed), Bank of England (BoE) and Bank of Japan (BoJ) all kept interest rates unchanged this week. Anyone looking at the decisions alone might conclude that monetary policy had entered a quiet period. The message beneath the surface was very different.

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.

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

XRP approaches key support as risk-off sentiment deepens

Ripple (XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technical outlook continues to deteriorate, pressured by declining retail participation. Appetite for risk assets remains lethargic, as reflected in the Fear & Greed Index, which is embedded in the Fear territory at 28.

Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment

The cryptocurrency market remains weak on Monday, with Bitcoin (BTC) falling toward the nearest $62,000. Ethereum (ETH) and Ripple (XRP) reflect the sell-off across altcoins, edging lower toward $1,800 and $1.05, respectively. Risk appetite remains subdued, as the Fear & Greed Index holds steady at 28, deep within Fear territory.

The Bitcoin futures yield collapse: Once over 20%, now less than Treasury notes

Once a goldmine for carry traders, Bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting Bitcoin futures while simultaneously buying a spot exchange-traded fund (ETF).

STOCKS

Warning signs in the stock market: Is this the top, or just a very short fuse?

Overnight, South Korea's Kospi fell more than 10%, SK Hynix lost close to 15% and Samsung Electronics lost 13%. Into that, Dow Jones Industrial Average futures traded up around 1% on paint and soft drinks, and S&P 500 futures sat roughly flat. An index that absorbs a memory-chip panic and prints nothing is not a calm market.

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 Dollar in trouble as Warsh chickens out

The EUR/USD pair closes July with modest gains near the 1.1500 mark, adding over 1.1% in the last trading week. Price action throughout the month was dull to say the least as investors remained clueless, although the pair managed to hit 1.1530 ahead of the close.

Japanese Yen mid-year outlook: Why BoJ rate hikes aren't saving the Yen — and what actually would

The Japanese Yen (JPY) has experienced a pronounced downtrend since the beginning of 2026, hitting a series of multi-decade lows versus the US Dollar (USD) heading into the second half of the year.

Gold: Bull hesitancy persists despite weaker US Dollar

Gold (XAU/USD) struggled to make a decisive move in either direction as the persistent US Dollar (USD) weakness was offset by a widening conflict in the Middle East. July employment data from the United States (US) could trigger a big reaction in Gold, while the near-term technical outlook highlights a lack of buyer interest.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.

Here is what you need to know for Tuesday, August 4:

Oil prices fell sharply on Monday amid growing expectations that talks between the US and Iran will resume soon. US President Donald Trump stated that conversations are underway after Tehran said it had no plans for direct negotiations. The US Dollar Index (DXY) rises around 0.1% and trades near 99.90, holding just below the 100.00 threshold.

Week ahead – US payrolls report and AI earnings to keep investors on edge

With the Fed still pondering how soon it would be appropriate to raise interest rates, the July jobs report looks set to take centre stage in a week where little else is likely to attract much attention. Although with tensions in the Middle East remaining high and blockbuster earnings struggling to stop the bleeding on Wall Street, volatility isn’t about to ebb.

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

Moneta Markets Strengthens UAE Presence with CMA Category 5 Licence

Moneta Markets’ new regulatory milestone reinforces the broker’s long-term commitment to the UAE and its continued investment in transparent, locally established operations.

Orbs launches community governance vote to establish its DAO framework

Orbs, the decentralized Layer-3 blockchain infrastructure focused on advanced on-chain trading, today announced the launch of OIP-9 (Orbs Improvement Proposal 9), the project's first formal community governance vote to establish the Orbs DAO and introduce its governance framework.

Rising Africa Trader Cup Opens Across 37 African Countries, Giving Traders an Equal Start and a Shot at Cash Prizes

EBC Financial Group launches a demo trading competition across Africa, offering a USD1,000 prize pool, 20 prize positions, and the same starting equity for every participant

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