Live Updates

8

Aug 2025
This week, GBPUSD rose but faced resistance near the 50% retracement level for traders

GBPUSD rises toward 1.3463, surpassing key levels; traders eye 1.3540 amid post-rate cut momentum.

8

Aug 2025
Upward momentum suggests the New Zealand Dollar might approach 0.5980, but sustained gains seem improbable

NZD shows upward momentum toward 0.5980, but breaking 0.6000 resistance remains unlikely amid market risks.

8

Aug 2025
Scotiabank’s analysts note the Euro trades lower today but maintains a weekly net gain

Euro consolidates near 1.1650; USD strength, Fed policy, and inflation data drive market uncertainty this week.

8

Aug 2025
The Australian Dollar’s upward momentum suggests that the key resistance at 0.6555 may be unattainable

Australian Dollar shows upward bias, but momentum is weak; likely range-bound between 0.6450 and 0.6555.

8

Aug 2025
Huw Pill from the BoE remarked on the sustainability of recent rate cuts amidst changing economic behaviours

BoE’s Huw Pill urges caution on rate cuts amid persistent inflation risks and changing wage dynamics.

8

Aug 2025
The Trump administration plans to clarify gold bar import duties, impacting Comex gold prices significantly

Trump administration exempts gold bar imports from tariffs; prices rebound after testing 100-hour moving average.

8

Aug 2025
Amidst currency fluctuations, the CAD shows resilience against the USD prior to employment figures

Canadian Dollar holds steady versus USD, with employment data and market sentiment likely to influence direction.

8

Aug 2025
Analysts from UOB Group believe GBP may struggle to reach 1.3515 despite strong momentum

GBP shows strong momentum but faces resistance at 1.3515; outlook neutral within current trading range.

8

Aug 2025
The oil rig count increased to 411, while gasoline rigs decreased, keeping oil prices under pressure

Oil rigs increased slightly to 411; total rig count fell by one. Oil prices remain below averages.

8

Aug 2025
This week, USDJPY fluctuated between key moving averages, with future breaks potentially affecting direction.

USDJPY trades within key moving averages; a breakout could signal direction amid diverging central bank policies.

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