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EUR/USD slides as Dollar gains strength ahead of Fed minutes and Jackson Hole
EUR/USD slides as Dollar gains strength ahead of Fed minutes and Jackson Hole
EUR/USD begins the week on a lower note, down 0.30% as traders await the outcome of the meeting between US President Donald Trump and Ukraine’s Volodymyr Zelenskiy, after the former met with his Russian counterpart Vladimir Putin last Friday.
Fundamental Analysis
EURUSD
Technical Analysis
Majors
SEO
Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold price traded sideways on Monday as traders await the meeting between Trump, Zelenskiy, and European leaders in Washington following last week's summit between US President Donald Trump and Russian President Vladimir Putin.
Gold
XAUUSD
Technical Analysis
Fundamental Analysis
SEO
AUDUSD breaks lower but selling does stall at swing lows from last week
AUDUSD breaks lower but selling does stall at swing lows from last week
The price broke below the 100-bar MA on the 4-hour chart at 0.6502
Silver stalls near $38.00 as traders await Trump-Zelenskyy talks
Silver stalls near $38.00 as traders await Trump-Zelenskyy talks
Silver (XAG/USD) is treading water around $38.00 on Monday, as traders stay on the sidelines ahead of a key meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy.
Silver
XAGUSD
Technical Analysis
GBPUSD breaks lower. Runs away from the 100 hour MA at 1.3544
GBPUSD breaks lower. Runs away from the 100 hour MA at 1.3544
The 200-hour MA at 1.3479 is the next downside target for the GBPUSD traders
GBPUSD lower but stalls near 100 hour MA/retracement level
GBPUSD lower but stalls near 100 hour MA/retracement level
The technicals that are driving the GBPUSD for August 18
The USD is little changed to start the new trading day.
The USD is little changed to start the new trading day.
Trump to meet with Zelenskiy on the Ukraine/Russian war.
USD/CNH: Downward momentum is building – UOB Group
USD/CNH: Downward momentum is building – UOB Group
Slight increase in momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.1800/7.1950. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
Gold retreats as rising yields and firm USD weigh ahead of Trump-Zelenskyy talks
Gold retreats as rising yields and firm USD weigh ahead of Trump-Zelenskyy talks
Gold (XAU/USD) kicks off the week on a volatile note, staging a sharp intraday recovery after briefly dipping to an 11-day low near $3,323 during early Monday trade.
Gold
SEO
Technical Analysis
Fed
DollarIndex
USD/JPY: Likely to trade in a range between 146.80 and 147.85 – UOB Group
USD/JPY: Likely to trade in a range between 146.80 and 147.85 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.80 and 147.85. In the longer run, USD has likely moved back into a range-trading phase between 146.50 and 148.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
NZD/USD: Likely to trade in a range between 0.5910 and 0.5950 – UOB Group
NZD/USD: Likely to trade in a range between 0.5910 and 0.5950 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5910 and 0.5950. In the longer run, NZD has likely entered a 0.5880/0.5980 consolidation phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
NZDUSD
Technical Analysis
Banks
GBP/JPY Price Forecast: Hesitation below 200.00 with upside bias intact
GBP/JPY Price Forecast: Hesitation below 200.00 with upside bias intact
The Pound posted moderate gains on Monday, correcting higher after the last two days’ reversal. The pair, however, remains trapped within a tight range below the 200.00 psychological level, halfway through last week’s trading range.The fundamental outlook is mixed.
GBPJPY
Technical Analysis
Majors
EUR quiet around 1.17 – Scotiabank
EUR quiet around 1.17 – Scotiabank
The Euro (EUR) is quietly consolidating its recent recovery and trading in a tight range around 1.17, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
EURUSD
Banks
ECB
Technical Analysis
AUD/USD: Likely to trade between 0.6490 and 0.6530 – UOB Group
AUD/USD: Likely to trade between 0.6490 and 0.6530 – UOB Group
Australian Dollar (AUD) appears to have entered a range-trading phase between 0.6490 and 0.6530. In the longer run, AUD is still trading in a range, probably between 0.6455 and 0.6555, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
GBP/USD: Likely to consolidate between 1.3520 and 1.3585 – UOB Group
GBP/USD: Likely to consolidate between 1.3520 and 1.3585 – UOB Group
Pound Sterling (GBP) is likely to consolidate between 1.3520 and 1.3585. In the longer run, outlook for GBP remains positive, and it may rise to 1.3620; the chances of it reaching 1.3660 this time around are more limited, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Banks
Technical Analysis
EUR/USD: Any advance may be limited to a test of 1.1730 – UOB Group
EUR/USD: Any advance may be limited to a test of 1.1730 – UOB Group
Euro (EUR) could continue to rebound, but any advance may be limited to a test of 1.1730. Outlook is mixed; for the time being, EUR is likely to trade in a range of 1.1630/1.1755, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
EURUSD
Technical Analysis
Banks
USD: Benign conditions should keep the dollar offered – ING
USD: Benign conditions should keep the dollar offered – ING
The Western press was quick to conclude that Friday's summit between US President Donald Trump and Russian President Vladimir Putin was a failure in that Trump had been dragged down an off-ramp away from a ceasefire and renewed Russian sanctions.
Banks
DollarIndex
Technical Analysis
USD/JPY: Bias is to sell rallies – OCBC
USD/JPY: Bias is to sell rallies – OCBC
USD/JPY continued to trade in recent range after the 2-way moves seen last week owing to US data and comments from Treasury Secretary Scott Bessent. Pair was last at 147.39.
USDJPY
Banks
Technical Analysis
EUR/CHF holds above 50-DMA – Société Générale
EUR/CHF holds above 50-DMA – Société Générale
EUR/CHF has stabilized above the 50-day moving average, reducing downside momentum. The pair now tests the 0.9500 resistance zone, where a breakout could pave the way for a broader rebound, while support remains at 0.9390/0.9360, Société Générale's FX analysts note.
Banks
EURCHF
Technical Analysis
EUR/GBP Price Forecast: Approaching key support at 0.8600
EUR/GBP Price Forecast: Approaching key support at 0.8600
The Euro recovery attempt against the British Pound has been short-lived.
EURGBP
Technical Analysis
Currencies
Crosses
GBP: Hawkish BoE resonates – ING
GBP: Hawkish BoE resonates – ING
EUR/GBP is looking more comfortable at the lower end of a 0.8600-0.8700 range, ING's FX analyst Chris Turner notes.
Banks
GBPUSD
Technical Analysis
EURGBP
EUR/USD: Mild bullish momentum on daily chart intact – OCBC
EUR/USD: Mild bullish momentum on daily chart intact – OCBC
Euro (EUR) traded modestly firmer into NY close last Friday. EUR was last at 1.1683 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EURUSD
Banks
Technical Analysis
Bullish
EUR: Europe's glass seen half full – ING
EUR: Europe's glass seen half full – ING
European currencies seem to be holding onto recent gains, ING's FX analyst Chris Turner notes.
Banks
EURUSD
Technical Analysis
DXY: 2-way trades likely in the interim – OCBC
DXY: 2-way trades likely in the interim – OCBC
US Dollar (USD) eased lower into Friday NY close. DXY was last at 97.98 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Banks
Technical Analysis
US Dollar Index price forecast: Tests confluence resistance zone around 98.00
US Dollar Index price forecast: Tests confluence resistance zone around 98.00
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding around and trading around 98.00 during the early European hours on Monday.
Technical Analysis
DollarIndex
Majors
SupportResistance
Dow Jones futures slip as markets eye Trump-Zelenskyy meeting, expanded US tariffs
Dow Jones futures slip as markets eye Trump-Zelenskyy meeting, expanded US tariffs
Dow Jones futures fall during early European trading on Monday, ahead of the opening of North American markets, trading below 45,000, down by 0.2%. Moreover, S&P 500 futures decline 0.1% to trade near 6,450, while Nasdaq 100 futures remained subdued near 23,800.
DowJones
Equities
Technical Analysis
Nasdaq
SP500
FX option expiries for 18 August 10am New York cut
FX option expiries for 18 August 10am New York cut
A look at what is on the board for today
Options
Forex
EUR/USD Price Forecast: Tests 1.1700 near ascending channel’s lower boundary
EUR/USD Price Forecast: Tests 1.1700 near ascending channel’s lower boundary
EUR/USD inches lower after registering around 0.5% gains in the previous session, trading around 1.1710 during the Asian hours on Monday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern.
EURUSD
Majors
Technical Analysis
EUR/JPY Price Forecast: Positive view prevails above 172.50 amid risk-on sentiment
EUR/JPY Price Forecast: Positive view prevails above 172.50 amid risk-on sentiment
The EUR/JPY cross attracts some buyers to around 172.60 during the Asian trading hours on Monday. The uncertainty over the likely timing of the next interest rate hike by the Bank of Japan (BoJ) and risk-on sentiment weigh on the Japanese Yen (JPY) and act as a tailwind for the cross.
EURJPY
Crosses
Technical Analysis
Silver Price Forecast: XAG/USD rebounds from 200-SMA on H4, $38.25 barrier holds the key
Silver Price Forecast: XAG/USD rebounds from 200-SMA on H4, $38.25 barrier holds the key
Silver (XAG/USD) attracts some dip-buyers near the $37.80 region during the Asian session on Monday. The white metal climbs back above the $38.00 mark, hitting a fresh daily peak in the last hour.
Silver
Commodities
Technical Analysis
XAGUSD
NZDUSD technicals: The NZDUSD ending the week with a modest bearish bias
NZDUSD technicals: The NZDUSD ending the week with a modest bearish bias
The price is below the 100 day moving average and also the 100 and 200 bar MA on the 4-hour chart.
EUR/USD gains after mixed US data, focus shifts to Trump–Putin meeting
EUR/USD gains after mixed US data, focus shifts to Trump–Putin meeting
EUR/USD reverses its course, climbs on Friday, ignoring solid US Retail Sales data due to market participants still pricing in a Federal Reserve (Fed) rate cut in September. The pair trades at 1.1702, up 0.47%.
Fundamental Analysis
Technical Analysis
EURUSD
RiskAppetite
SEO
Silver Price Forecast: range-bound near $38.00, eyes on Trump–Putin talks
Silver Price Forecast: range-bound near $38.00, eyes on Trump–Putin talks
Silver (XAG/USD) is attempting a mild recovery on Friday after sliding to a four-day low of $37.69. The rebound comes amid some softness in the US Dollar, which is losing traction following mixed US economic data this week.
XAGUSD
Silver
Technical Analysis
EURUSD Technicals: The EURUSD is higher on the week,  with buyers holding the advantage
EURUSD Technicals: The EURUSD is higher on the week, with buyers holding the advantage
The price is above short-term technical levels going into the weekend. What keeps that bias in place?
Gold steadies ahead of Trump–Putin summit as US Dollar slips
Gold steadies ahead of Trump–Putin summit as US Dollar slips
Gold price (XAU/USD) holds firm during the North American session as market participants await the outcome of the meeting between US President Donald Trump and his counterpart, Russian President Vladimir Putin.
Gold
XAUUSD
Fundamental Analysis
Technical Analysis
SEO
USDCAD is higher on the week but activity was limited as buyers and sellers battled
USDCAD is higher on the week but activity was limited as buyers and sellers battled
The range for the USDCAD was just 75 pips this week. That is not a lot of price action. Next week, traders will look for a breakaway
AUD/USD firms as DXY slips despite solid US Retail Sales
AUD/USD firms as DXY slips despite solid US Retail Sales
AUD/USD advances earlier on Friday during the North American session as the Greenback trims some of its gains achieved post-hot PPI figures on Thursday, even though Retail Sales hint that the US economy is solid. The pair trades at 0.6519 after bouncing off daily lows of 0.6488.
AUDUSD
Fundamental Analysis
Technical Analysis
Currencies
RetailSales
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